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Simplified Trade Finance

Articles On Export Logistics

Trade Advice
Telex Release Meaning & The Complete Guide to Shipping

Telex Release | Meaning & The Complete Guide to Shipping

A telex release is an electronic message sent from an agent or a shipping line at the port of loading (POL) to the agent at the port of discharge. Further, this message paves the way for releasing the consignment mentioned in the bill to the customer/consignee without the OBL. Read More

Trade Advice
Merchant Exports Meaning & Process under GST

Merchant Exports | Meaning & Process under GST

Merchant exports are goods that an exporter doesn’t manufacture but instead purchases from a local supplier for exporting to the buyer. These exports typically pertain to the export of goods and not services. Read More

Trade Advice
Bank Guarantee Meaning, Process, Format & more

Bank Guarantee | Meaning, Process, Format & more

A bank guarantee is a financial instrument wherein a bank acts as the guarantor of the liabilities undertaken by the borrower/applicant. In other words, the bank agrees to pay the amount in case the borrower is not able to fulfil the conditions of the agreement. Read More

Trade Advice
NVOCC Meaning and the complete guide to its process

NVOCC | Meaning and the complete guide to its process

NVOCC is an acronym for Non-Vessel Owning Common Carrier. It is a special agency that provides services like stuffing and transporting multiple containers to various ports. Read More

Trade Advice
Dunnage Meaning, Types & Usage in Shipping

Dunnage | Meaning, Types & Usage in Shipping

Dunnage is a commonly used term by industrial packaging technicians in the shipping industry. While transporting manufactured goods, dunnage is an inexpensive material that helps to load and secure all the items transported by ship, road, or rail. Read More