![]() The proforma invoice should detail all relevant details of the proposed sale. Which information should be on a proforma invoice? ![]() ![]() If you’re new to exporting you can find proforma invoice templates online to help guide you in creating your own¹. It also allows the buyer to check the arrangements before proceeding.Ī proforma invoice is an ideal way to let the buyer know what to expect. The proforma models out the agreed sale, including the quantities and prices of goods agreed, to give your buyer an estimate of the costs. Create your Wise Business account, and start saving on your international business payments.Ī proforma invoice is produced by a seller or supplier before goods are shipped to a buyer. You can also receive payments like a local in euros and British pounds, as well as US, Australian and New Zealand dollars, making it easy to sell to customers in these regions. This typically works out much cheaper than using a regular bank, and the fees can be up to 19x less than using an alternative like PayPal. All currency conversion is done using the same exchange rate you’ll find on Google, the real mid-market exchange rate, with just a small transparent fee to pay. You can pay your international suppliers easily, making fast and secure overseas transfers online in a broad range of currencies. One great way to do that is with a multi-currency account like the Wise borderless account.īorderless accounts are available for both personal and business customers, and let you hold your money in dozens of different currencies all in the same place. How can you get paid for your international invoice?īefore we talk about the different types of invoice you’ll come across when importing and exporting, let’s touch on how to pay and get paid when working across borders.Īs a business owner, you’ll want to cut down the costs of sending and receiving money from overseas, to make it easier to pay your international suppliers, and work with customers based abroad. If you’re involved in international trade, then understanding how they’re used can help you make sure your shipment into or out of Canada goes smoothly. We also recommend that you put a copy inside one package.If you’re confused about the differences between proforma invoices and commercial invoices, you’re not alone.Īlthough these documents can look similar, they serve different purposes. We need one original commercial invoice with at least two copies, all individually signed. Your description of each commodity must include:Įnsure that all the information is consistent with the Air Waybill or your shipment could be delayed in customs.Ĭertain commodities may need extra documentation or export licenses. Add the FedEx International Air Waybill number, our main reference for your shipment.ĥ. ![]() If the shipment will be handled by an importer who is not the recipient, add a full name and address here.Ĥ. The country/territory in which each of the commodities in your shipment was originally manufactured or produced. The sample shown is a suggested format, but your commercial invoice should include the following information:Ĭontact name, company name, full address and VAT number. The Commercial Invoice is important for the clearance process used by customs officials to classify merchandise, so that duties & taxes can be correctly assessed. ![]()
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