🧾 PROFORMA INVOICE

🧾 PROFORMA INVOICE

US Capital Private Bank Knowledge Base


📖 What is a Proforma Invoice?

A Proforma Invoice is an invoice sent in advance of shipment. It enables the buyer to obtain necessary import permits, exchange permits, or both, before the actual goods are shipped.


⚙️ Key Details

  • Provides a close approximation of the weights and values of the intended shipment.

  • Helps the buyer in customs clearance and regulatory approvals.

  • Not a demand for payment but a preliminary document to facilitate trade processes.

  • Often used for quotations, permits, and financing arrangements.


💡 Why It Matters

  • Ensures the buyer has all required permissions before goods arrive.

  • Helps avoid shipment delays due to missing permits.

  • Acts as a formal declaration of the expected shipment details.


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