What is Cash Against Documents, and how does this payment term work?
Cash Against Documents means that SEACORP must receive full payment for the shipment (booking) before any documents for the shipment (booking) are released at destination. Once SEACORP receives the payment, we will either send the documents to the customer or release the shipment at destination. If the payment is not received before the shipment arrives at destination, and any fees arise at destination, the customer is responsible for these fees. These fees must be paid before the shipment is released.