Interview Questions Answers.ORG
Interviewer And Interviewee Guide
Interviews
Quizzes
Home
Quizzes
Interviews Logistics Manager Interviews:Bus DriverCargo AgentCommercial DriverDebt CollectorDeliveryDelivery AgentDelivery DriverDelivery ManDispatcherFacilities ManagerFork Lift DriverFork OperatorInternational Logistics ManagerInventory ManagerLogistics EngineeringLogistics ManagementLogistics Services SalespersonLogistics Software ManagerMaintenance SupervisorMaterial ManagerPlant ManagerProcurement ManagerPurchasing AgentSenior Field CoordinatorSupply Chain ManagerTransportation ManagerTransportation SpecialistTruck DriverVendor Managed Inventory Coordinator
Copyright © 2018. All Rights Reserved
Logistics Engineering Interview Question:
What is the difference between document against acceptance and document against payment?
Submitted by: Muhammad☛ Document against payment: The document remains with bank and importers have to pay the exporter before they release the documents. In this payment is immediate, and document is released quickly
☛ Document against acceptance: In this importer gives 30-45 days to bank to deduct the amount and then release the documents. In this provision, there is much risk, and if there is no sufficient balance in the account then, the process will get delayed.
Submitted by: Muhammad
☛ Document against acceptance: In this importer gives 30-45 days to bank to deduct the amount and then release the documents. In this provision, there is much risk, and if there is no sufficient balance in the account then, the process will get delayed.
Submitted by: Muhammad
Copyright 2007-2024 by Interview Questions Answers .ORG All Rights Reserved.
https://InterviewQuestionsAnswers.ORG.
https://InterviewQuestionsAnswers.ORG.