Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as - Basic General Knowledge - Aptitude Question with Answer Learning application for any competitive exams., competitive examination and entrance test., Crack Aptitude Exam Specific Mock Tests., Learn and practice Aptitude questions and answers with explanation for interview.

The exporter ships the goods to the importer and receives the documents from the contracted shipper. The exporter compiles and presents the documents to their bank with payment and document release instructions. The exporter’s remitting bank sends the documents to the importer’s collecting or presenting bank.