Rayyan Zainal

Using D/A term, the exporter gives a grant of deferred payment to the importer. If the exporter is assured of the importer’s integrity, he may grant him a credit facility. The process for D/A up to arrival of the documents at the reimbursing bank in the importer’ country is the same as that of D/P. After the reimbursing bank notifies the importer on the arrival of the documents, the importer checks the documents and agrees on payment (promise to pay at the later date), then the bank hands over the document to the importer.

If an article or substance could be suspected of being a dangerous good, but does not meet the criteria for any of the hazard classes or divisions, it may be offered for transport as not restricted if the words ‘Not Restricted’ are included in the description of the article or substance on the Air Waybill to indicate that it has been checked. The statement “Not restricted, as per Special Provision Axx” must be included in the description of the article on the Air Waybill, when required, to indicate that the Special Provision has been applied.

SCAC stands for Standard Carrier Alpha Code. The National Motor Freight Traffic Association publishes a list of codes that correspond to different inland carriers, and these codes may be used on export paperwork.

Trade compliance is the process of ensuring adherence to all the laws, rules, regulations and procedures governing all trade between two or more countries. As these system of obligations is determined per country (or economic region), compliance entails dealing with requirements of multiple countries. Compliance covers, among others, the following aspects: 1. Fiscal: classification of cargo, valuation, payment of duties and taxes; 2. Health, safety: measures to protect measures to protect humans, animals, and plants from diseases, pests, or contaminants; safely packing hazardous materials to avoid accidents during transport; measures to prevent dangerous products (posing risks to public safety) from entering the country, such as toys, fireworks and medicines that do not adhere with safety regulations; 3. Security, counter terrorism: measures to prevent the smuggling of weapons, the financing of terrorism or organized crime; 4. Strategic goods: measures to prevent enforce political decisions that strategic goods (e.g. weapons) should not be obtained by specific regimes, organizations or people; 5. Cultural goods: measures to protect cultural goods, i.e. goods that are deemed to belong to a country’s cultural heritage because of their great artistic, historical or archaeological value; 6. Counterfeit goods: measures to prevent the trade in counterfeit goods; 7. Environment: risks associated with the transport of waste substances.