Payment Conditions | Shipping Term Explained | Logistics Glossary
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GLOSSARY

Payment conditions

The payment conditions are the terms regarding the payment of a specific trade, which are agreed upon between the supplier and the client.

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What are payment conditions?

The payment conditions are the terms that define the payment agreement determined before delivering the goods, and they depend on the provided services. When there is an import, it is usually the logistics service provider that first pays most of the incurred costs, which are then passed on to the client.

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