Drip Capital

Alexandra Ortiz

Content and PR at Drip Capital

31 May 2022

Documentary Collection Process In International Trade

Documentary collection is a type of trade financing in which an exporter receives payment for his goods from an importer after the financial institutions of the parties involved exchange the relevant documentation.

What does BAF mean in Shipping?

BAF is based on the twenty-foot equivalent unit (TEU). Its exact value depends on the trade route and represents the variable part of shipping prices attributed to fuel costs.

Alexandra Ortiz

Content and PR at Drip Capital

Documentary Collection Process In International Trade

What does BAF mean in Shipping?

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