Trade Wiki


Contribute to Trade Wiki
Besttradesolution welcomes users contribution to Trade Wiki. If you have more detail on the subject and confident to explain the subject matter better, please feel free to update the information.It may take some time to appear your update on the site while we process any submission.Please do not copy information directly from other sites. Thank you for your contribution.

Installment Shipment [Last Updated by: shahriar on 2012-01-01]
Installment shipment means shipping an order in different batches and on different periods stipulated in the letter of credit (L/C). In case of shipments by installment within given periods are stipulated in the L/C, failure to ship any installment within the period allowed will render the L/C unavailable or inoperative for that installment and any subsequent installments, unless the L/C stipulates otherwise.


Please Login to Update This Term

Recent Reviews

ICC Guide to the Uniform Rules for Bank Payment Obligations
ISBP Online
From Beginning to Beginning

Latest in Trade Library

UCP 600 Exclusions in Perspective
Use of Transport Document in International Trade
The Place of Receipt Case

Your Right To Vote

Which Letter of Credit Expires in Importing Country instead of Exporting ?
It is Usance L/c
It is Deffered L/c
Never Heard of It

Poll initiated by FaisalFahim

Installment Shipment - Best Trade Solution