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Third Party Shipment
Concept
  • Expedites the submission of documents to the advising/confirming bank as stipulated in the Letter of Credit.
  • Manufacturers/suppliers full styles from the exporting country "is unknown" to your buyer in the importing country.
  • Savings in freight and transhipment costs!
  • Quicker delivery times and shorter lead times.
  • While physical movement of goods are underway, documents are switched and circulated via the Banking systems.
  • Frees up your capital to be used more efficiently.
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Physical movement of goods

From Country A

L/C to supplier A consignee
unknown to supplier

To Country B

L/C from Importer B supplier
unknown to buyer

Via Singapore

Singapore company as Importer /
Exporter [Commission Agent]