GLOSSARY OF INTERNATIONAL TRADE TERMS

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P

Packing List Parcel Post Receipt Parcel Receipt Shipment Payee Perils Of The Sea Phytosanitary Certificate Port Of Discharge Port Of Entry Port Of Loading Presentation Time Pro-Forma Invoice Promissory Note Protest

Presentation Time In an L/C transaction, a specified time period after date of the transport document in which a beneficiary must present documents to the negotiating bank. In the absence of any other specification, the time period is automatically 21 days after the date of the transport document. See related terms: Expiration Date Stale Dated

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