Trade Process Flow
Here is a step-by-step guide to the International trade process starting from the seller warehouse to the final buyer destination. This process flow helps evaluate buyer and seller responsibilities along with the trade documents required at each stage of import or export.
before-process
Before Order Confirmation
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seller-warehouse
Cargo at Seller’s Warehouse
port
Cargo at Origin Port
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vessel
Cargo Moving on Vessel
port
Cargo at Destination Port
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buyer-warehouse
Cargo at Buyer’s Warehouse
boc
1. Before Order Confirmation
Kick off enquiry
KYC (3rd party verification)
Quality check (goods sample)
2. Cargo at Seller’s Warehouse
Sales confirmation
Nominate freight forwarder
Prepare export
Ensure packaging / documentation / marking / labelling (SUB)
Shipment booking – coordinate pick-up / release / transfer
Export management documentation / inspection / clearance
csw
cop
3. Cargo at Origin Port
Release/deliver cargo to name place/terminal
Shipment transfer confirmation
4. Cargo Moving on Vessel
Freight forwarder / broker notified
Import formalities
Submit additional documents if needed
Duty / tax payment
cmv
cdp
5. Cargo at Destination Port
Goods arrived and unloaded from vessel
Release of container to forwarder
6. Cargo at Buyer Warehouse
Transport from port to warehouse
Unloading at warehouse
Quality check of products
Insurance claims and disputes if any
cbw
Tazapay Escrow
Did you know that 1 fraudulent shipment can cost you up to 3.4x your shipment value?