Export Operations Outline

Chapter 1 - Components of the Pro Forma invoice - quoting the sale

INCOTERMS

Considerations to "cover" INCOTERMS of sale selected

Chapter 2 - The Commercial Invoice -  the contract of sale

Purpose of commercial invoice

Relationship to Pro Forma

Classification & Valuation

Basis for licensing and export declaration

Chapter 3 - Shipping the goods

The Bill of Lading - The contract of carriage

Negating the risk to the merchandise when shipping the goods

Transportation & Packing tips

Chapter 4 - Getting paid

Payment terms - CIA, Open Account

Bill of Exchange - means to move the payment from the buyer to the seller

Documentary Credit - negates the risk to the funds

Compliance with letters of credit - including effect on other documents

UCP 600

Chapter 5 - Documents commonly used in export documentation

Ancillary to shipping the goods - Packing list, Dock Receipt,

Air waybill, inland B/L, insurance certificate, B/L

Ancillary to getting paid - bank letter of transmittal,

bill of exchange, commercial invoice

Ancillary to exporting the goods - SED, license application, in bond

Ancillary to forwarder's work - Destination docs, doc distribution, C/O

Chapter 6 - Process summary

Showing the interrelationship between the various functions of export operations.

From the perspective of the seller, seller's forwarder, buyer and buyer's CB

Internal formats to monitor the progress of the transaction

Chapter 7 - The Transaction Maker …

Instructions for using

Practice scenarios

Create Documents

Extensive reference library

Freight Forwarder Exam Questions

Pro Forma Maker