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The Invoice given by the Copper mine or supplier for you to open LC will be called by this name. This is a temporary pricing to effect the transactions. What is the specific name of the Invoice in this case?
Profoma Invoice is used confirm the LME and to process the LC. whereas, commercial Invoice is used for final settlement of the order.
MATERIALS PROCURED THROUGH "SPOT BUYING FROM "LME" IS NORMALLY DONE BY PROFORMA INVOICE BUT "LC" IS A MUST.
Proforma Invoice or Charge Invoice
This temporary invoice is called proforma invoice.
Proforma invoice or Quotation (Fopr the LC is must have a tittle of Proforma invoice) and for offer it may be called Quotation
