Difference between revisions of "Cash Against Documents"
From Open Risk Manual
Wiki admin (talk | contribs) (Initial Entry) |
(No difference)
|
Latest revision as of 23:02, 10 February 2020
Definition
Cash Against Documents. It is a collection procedure where the vendor asks its financial institution to forward the organization's shipping documents to the buyer's financial institution with instructions to release the products upon payment of the invoice.
