INTERNATIONAL TRADE ABBREVIATIONS

CCI &E=chief controller of import and export. IRC=Import registration certificate ERC=Export registration certificate ACU=Asian clearing Union AMU=Asian monetory unit SWIFT=Society for worldwide inter financial telecommunication ICC=international chamber of commerce UCPDC=uniform customs and practice for documentary credit ISBP=international standard for banking practice URR=uniform rules of reimbursement URC=uniform rules for collection LCAF=Letter of credit authorization form AD=authorized dealer FMJ=foreign money and jewelry PG=performance guarantee APG=Advance payment Guarantee CASA=Current account and savings account IDBP=Inland documentary bill purchase FDBP=Foreign documentary bill purchase Inco-term=International commercial terms PAD=Payment Against document CFR=cost and freight CRF=Clean report findings

NOC=no objection certificate LIM=Loan against imported merchandise LTR=Loan against trust receipt ESCAP=Economic and social commission for Asia and pacific GBP=Great Britain pound SBS=schedule Bank Statistics CO=Certificate of origin TIN=Tax identification Number IMP=Import form EXP=Export form STA=Special trade agreement ITC=Import trade contact Etc=Export trade contact HS code=Humanized system code PI=proforma Invoice PSI=preshipment Inspection ERQ=Export retention quota EDF=Export development Fund IDA=International development Association GFET=Guideline for foreign exchange timeline GSP=Generalized system of preference OPI=Office of the primary interest EXW=Ex-Works FCA=Free Carrier CPT=Carriage Paid to CIP=Carriage and Insurance Paid

DAT=Delivered at terminal DAP=Delivered at place DDP=Delivered Duty Paid FAS=Free alongside ship FOB=Free on board CIF=Cost Insurance and freight. CIB=Credit information bureau LIBOR=London Interbank Offered Rate PC=Packing Credit ECC=Export Cash Credit ECGS=Export Credit Guarantee Scheme ETCA=Exchange Transaction Credit advice Sod=Secured Overdraft EPB=Export Promotion Bureau OD=over Draft POL=Petrol Oil & Lubricant FCA=Foreign Currency Account CC=Cash Credit ECG=Export Credit Guarantee BOI=Board of Investment ABP=Accepted Bills for Payment DA=Delivery against acceptance DP=Delivery against payment

Wrong abbreviation:

HS code=Humanized system code SWIFT=Society for worldwide inter financial telecommunication ERQ=Export retention quota CIP=Carriage and Insurance Paid DA=Delivery against acceptance DP=Delivery against payment Correct abbreviation: HS code= Harmonized System Code SWIFT=Society for Worldwide Interbank Financial Telecommunication ERQ= Exporter's Retention Quota CIP=Carriage and Insurance Paid To DA=Document Against Acceptance DP=Document Against Payment