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Cash Against Documents (CAD)

Cash against documents links release of trade or transport documents to payment through an intermediary for the seller. It controls the document flow, rather than inspecting the goods.[1]

Establish which documents are released and what they enable the buyer to do. This arrangement does not automatically establish that shipment contents conform to the order. Arrange product inspection separately.

Content updated:

Sources

  1. Logistics Glossary - Inbound Logistics

Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.