Export Documentation Essay

626 words - 3 pages

Export Documentation

1. When you are ready to ship, secure from the Authorized Agent Bank (AAB) an Export Declaration (ED) form with Foreign Exchange Proceeds form which you will accomplish and file at the same bank.

2. After processing the ED, the AAB releases to the exporter the original and, other copies of ED, except ED3.
3. Secure an export commodity clearance/export permit from the proper government commodity office, if your product is included in the list of regulated products for exportation or if the buyer requires.

4. With the required supporting documents, submit the accomplished ED form to the BOC Processing Unit for the approval of the Authority to Load (AL).
Sending Sample Shipments
Secure and accomplish an Export Declaration (ED) without Foreign Exchange Proceeds from the AAB.
Follow steps 1, 2, and 3 of Export Documentation.
Loading in Manila

Cargos to be transported by air are inspected by the Bureau of Customs (BoC) at the Ninoy Aquino ...view middle of the document...

5. After loading, the BoC issues the following documents upon request:
* Certificate of Origin, Form A for export products covered by the Generalized System of Preferences (GSP)
* General Certificate of Origin for export products not availing of preferences under GSP
* Certificate of Origin, Form D for export products covered by the Association of Southeast Asian Nations (ASEAN) Common Effective Preferential Tariff Scheme
* Certificate of Shipment
6. Within seven(7) days from loading, submit the following to the AAB for negotiations for payment:
* Letter of Credit
* Bill of Lading or Air Waybill
* Commercial Invoice
* Certificate of Shipment
* Other required supplementary documents

For prepaid shipments, send the original commercial and shipping documents to the buyer

One- Stop Export Documentation Center

The One- Stop Export Documentation Center (OSEDC) was established in November 1985. It is one of the Inter- Agency Exports System Improvement Projects of the Commission on Export Procedures (CEP) which was created by virtue of Executive Order of No. 843.
OSEDC was established with the aim of eliminating the causes of delay, red taped and cumbersome export procedures to accelerate export growth. As an “one-stop shop”, it brings under one of the Bureau Of Customs and other government agencies to facilitate the application, processing, and approval of export documents.
WHO CAN AVAIL OF OSEDC SERVICES
The Center welcomes exporters and/or their duly authorized representatives who require its services especially those who would like to facilitate the processing and approval of their SERVICE FEE.
* OSEDC services are free of charge
HOW TO AVAIL OF OSEDC SERVICES
1. Instruct your bank to deliver your export declaration to the nearest OSEDC, Bureau Of Customs (BoC)
2. Go to the OSEDC where you have instructed your bank to deliver your export declaration any time after each delivery hour and proceed to BOC counter to check and process the delivered documents by your agent.
3. For export products requiring clearances, proceed to the receiving counter of the issuing government commodity agency where you need to transact your business.

Other Papers Like Export Documentation

Ohio Plastics Essay

578 words - 3 pages arrives at CBN’s terminal, CBN calls BCJ Forwarding and Brokerage and notifies it that a shipment has arrived.  BCJ Forwarding will not arrange for pickup until after the shipment arrives at CBN’s terminal. BCJ will not prepare the Mexican import documentation until it inspects the shipment, assures the payment of the correct Mexican import duties, and prepares the correct Mexican documentation. Mexican law places the burden for any errors

Trade Process Essay

1100 words - 5 pages initiated by a third party, for example an independent sales agent | | |specialising in international trade and logistics and working on a commission basis. |[pic]  Africa's Export Growth Highest Since 1980 | | |Riding a wave of higher oil and commodity prices

Ahd Shdjw Ajhdj

1043 words - 5 pages maintain relevant documentation properly on purpose. A significant fund was misappropriated through the inland bills trading. The branch opened inland letters of credit (L/Cs) in favour of three fictitious spinning mills which were customers of the said branch on account of another company, a concern of the Hall Mark Group. The branch transferred the money to the accounts of the three companies which after a few days advised the bank to transfer

Radio Cabs

1286 words - 6 pages The 100% Export Oriented Units (EOUs) are growth engine of exports and at present there are more than 1,800 EOUs in operation although the government, instead of encouraging the units to start EOUs, offered special schemes to rehabilitate or re-vitalize the existing EPZ/FTZ units by converting them into SEZ units. The EOU sector is engaged in manufacturing of goods, located predominantly in rural or semi-urban area, offering employment

Trade Facilitation and Development

1478 words - 6 pages to an electronic system for export authorization in 2000. Within four years the time for authorization of export documents dropped from one day to around three minutes. Tunisia has also introduced an automated system that provides a one-stop trade documentation-processing platform. Due to this innovation the processing time for trade documentation became reduced from 18 to 7 days which probably had led to substantial productivity gains according

Colgate Segmentation Strategy

1118 words - 5 pages JOLLY BEAR GAMES, INC. END USER LICENSE AGREEMENT IMPORTANT-READ CAREFULLY BEFORE INSTALLING OR USING THE SOFTWARE: This is an agreement between you ("the User") and Jolly Bear Games, Inc. ("Jolly Bear") setting out the terms and conditions ("the Terms") upon which you are licensed to use the Jolly Bear product "Big City Adventure: Sydney, Australia" and all related documentation and materials (collectively, the "Software"). By clicking

Green Computing

1111 words - 5 pages software; · transfer the software or this agreement to any third party; or · use the software for commercial software hosting services. 4. BACKUP COPY. You may make one backup copy of the software. You may use it only to reinstall the software. 5. DOCUMENTATION. Any person that has valid access to your computer or internal network may copy and use the documentation for your internal, reference purposes. 6. TRANSFER TO ANOTHER DEVICE. You may

Sssdfsdfzdfd

1150 words - 5 pages copy; · rent, lease or lend the software; or · use the software for commercial software hosting services. 4. BACKUP COPY. You may make one backup copy of the software. You may use it only to reinstall the software. 5. DOCUMENTATION. Any person that has valid access to your computer or internal network may copy and use the documentation for your internal, reference purposes. 6. TRANSFER TO A THIRD PARTY. The first user of the software may

Determining Causes and Effects

812 words - 4 pages . References Hinkelman, E.D. (2004). Importers manual USA: the single source reference encyclopedia for importing to the United States. San Rafael, CA: World Trade Press. Johnson, T.E. & Bade, D.L. (2010). Export/import procedures and documentation. New York: American Management Association. Organization for Economic Cooperation and Development (OECC). (2010). the economic impact of export restrictions on raw materials. Paris: OECD.

Business Process Overview

1462 words - 6 pages Part2: Business Process Documentation and Analysis Trover Export AC 730 HB2 Team High Five Team members: Jianan (Nora) Zhao, Yifan Lu, Xi (Allie) Yang, Jieyin Sun, Yan long 2.1 Company Description Company overview and structure Trover Export is small private company in Massachusetts specializes in exporting luxury vehicles that only available in the United States market to Mainland China. Luxury vehicles export

Hongxing Need Improve the Import Technology

579 words - 3 pages the foreign party and shall submit a duplicate copy of the contract and its relevant appendices, the letter of intent for technology import and the documentation concerning the legal status of both parties to Hongxing for further approval. Hongxing will examine the authenticity of the contract and grant approval within 30 working days. At the commercial conference of china electro-mechanical division in 2008, Minister of Department of

Related Essays

Export Documentation Essay

7147 words - 29 pages Forwarders usually offers a variety of services: • Advising on the best routes and relative shipping costs   • Booking the necessary space with the shipping or airline   • Consolidating shipments from different exporters   • Handling Customs clearance abroad   • Arranging marine insurance for the shipment   • Preparing the export documentation   • Translating foreign

Export Finance Essay

1977 words - 8 pages ASSIGNMENT ON EXPORT DOCUMENTATION AND EXPORT FINANCENAME: HIREN D ASRANIROLL NO: ERBF12008Export DocumentationIntroductionAn exporter without any commercial contract is completely exposed of foreign exchange risks that arises due to the probability of an adverse change in exchange rates. Therefore, it becomes important for the exporter to gain some knowledge about the foreign exchange rates, quoting of exchange rates and various factors

Globaledge Essay

1429 words - 6 pages required in export transactions for shipping and custom procedure. In order for an exporter to be able to actually export they must first get a license. After a license is obtained the rest of the documentation consists of pro forma invoices which the exporter creates upon a request. There is a commercial invoice which is the actual invoice created for demand for payment after the sale has been made. A bill of lading is a basic contract between the

For My Study Essay

1086 words - 5 pages means Opera, all program and information files and other documentation which are part of the Opera Software package. Individual means a particular person. TERMS OF AGREEMENT This is a legal agreement between you, the users, and Opera Software ASA. By installing or using this Software, you agree to be bound by the terms of this agreement. If you do not agree to those terms, you may not use or install the Software. You are entitled to