Glossary entry (derived from question below)
Portuguese term or phrase:
Remessa sem Saque
English translation:
Remittance without draft
Added to glossary by
judith ryan
Jul 28, 2021 13:19
3 yrs ago
18 viewers *
Portuguese term
Remessa sem Saque
Portuguese to English
Bus/Financial
Business/Commerce (general)
Import instructions for Brazil:
Quanto a particularidade cambial, o pagamento das importações é realizado entre a OMRON localizada no Brasil e matriz no Japão, e são conduzidos na modalidade de Remessa Sem Saque, com vencimento para sessenta dias contados da data do embarque no exterior.
Thanks!
Quanto a particularidade cambial, o pagamento das importações é realizado entre a OMRON localizada no Brasil e matriz no Japão, e são conduzidos na modalidade de Remessa Sem Saque, com vencimento para sessenta dias contados da data do embarque no exterior.
Thanks!
Proposed translations
(English)
4 +2 | Remittance without draft | Charles R. Castleberry |
4 +1 | Open Account | Felipe Andre |
4 | Clean collection | Hilton F Santos |
Proposed translations
+2
13 mins
Selected
Remittance without draft
Remittance without draft: The exporter will ship the goods, prepare the documents concerning the operation and send the papers to the importer. Only after receiving the documents and the goods the importer will remit the payment. Here, if the remittance is full upon delivery, the importer is responsible for binding the exchange contract to the import declaration. If it is a deferred payment the bank is responsible for doing this process.
Peer comment(s):
agree |
Andrew Bramhall
53 mins
|
I appreciate your agree, Oliver T
|
|
agree |
Oliver Simões
1 hr
|
I appreciate your agree, Oliver S
|
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
+1
7 mins
Open Account
An open account transaction is a sale where the goods are shipped and delivered before payment is due. Obviously, this option is the most advantageous for the importer in terms of cash flow and cost, but it is consequently the highest risk option for an exporter.
--------------------------------------------------
Note added at 9 mins (2021-07-28 13:28:24 GMT)
--------------------------------------------------
Another reference:
https://blogdecomercioexterior.wordpress.com/2015/08/13/sigl...
--------------------------------------------------
Note added at 9 mins (2021-07-28 13:28:24 GMT)
--------------------------------------------------
Another reference:
https://blogdecomercioexterior.wordpress.com/2015/08/13/sigl...
Reference:
1 hr
Discussion