CAD. A transaction in which the buyer assumes the title for the goods being purchased upon paying the sale price in cash.
Related information about Cash Against Documents:
- Cash against documents - Export Finance Navigator
In a cash against documents transaction, you ship the goods but retain ... shows the main steps in a transaction involving payment by cash against documents.
- What is Cash Against Documents?
Aug 25, 2012 ... Cash against documents is a transaction in which the title for goods is released after the buyer pays using cash. The cash against...
- Cash Against Documents Vs. Letter of Credit - Budgeting Money
When doing business internationally, many vendors protect their interests by asking customers to pay by "cash against documents" or with a "letter of credit.
- What is cash against documents (CAD)? definition and meaning
Definition of cash against documents (CAD): A payment arrangement in which an exporter instructs a bank to hand over shipping and title documents (see ...
- What is cash against document CAD
The process for CAD, or cash against documents, in an export environment is fairly straightforward. After accepting an order from an international customer, the ...
- What is Cash Against Documents? definition and meaning
Definition of Cash Against Documents: CAD. A transaction in which the buyer assumes the title for the goods being purchased upon paying the sale price in ...
- Understanding the documenatary collection process
Draft" or "Cash against Documents” (CAD). The buyer must pay before the collecting bank releases the title documents. 2) Documents against Acceptance ( D/A).
- 4.2.7-CONTRACTS-PAYMENT: CONDITIONS
Payment net cash against documents (NCAD or CAD) on first presentation: the buyer is expected to make payment when the documents are first presented.