Glossary entry (derived from question below)
English term or phrase:
set-up letter
English answer:
Letters/documents used when dealing with international trading called "letters of credit"
Added to glossary by
Nada Elgadi
Dec 24, 2015 13:03
8 yrs ago
English term
set-up letter
English
Medical
Medical (general)
Shipping Procedure of Tissue Samples
(Logistic company) will provide the sites with pre-printed airbills and set-up letter; commercial invoices will be provided if the sites and the referral lab are not within the same country.
I would appreciate if somone could help me about this English expression.
It is about Shipping Procedure of Tissue Samples.
Thank you!
I would appreciate if somone could help me about this English expression.
It is about Shipping Procedure of Tissue Samples.
Thank you!
Change log
Dec 31, 2015 21:37: Nada Elgadi Created KOG entry
Responses
3 hrs
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Letters/documents used when dealing with international trading called "letters of credit"
With letters of credit you can export?import goods safe in the knowledge that you will receive payment. This is because Export Letters of Credit provide a commitment given by the buyer's bank to you that they will pay on behalf of their client. For a transaction to be successful, shipping documents must be presented according to conditions pre-agreed with your buyer.
You will need to ask your buyer to set up a Letter of Credit via their bank.
You will need to ask your buyer to set up a Letter of Credit via their bank.
4 KudoZ points awarded for this answer.
Comment: "thank you / hvala"
2 hrs
Document issued by logis. co setting forth applicable rules, rates & charges for movement of goods
A set-up letter is probably a document issued by logistics company setting forth applicable rules, rates & charges for movement of goods.
It sets up a "contract of carriage" between the parties involved, viz. the shipper, consignee, and logistics company.
It sets up a "contract of carriage" between the parties involved, viz. the shipper, consignee, and logistics company.
Note from asker:
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