What is a proforma invoice?

2.2. Contents that must be included in a proforma invoice

Proforma invoice is considered as a premise for issuing commercial contracts, helping both exporting and importing parties avoid unnecessary errors and promptly adjust unreasonable content if necessary. The content of a proforma invoice usually includes the following information:

Invoice information: invoice number and date (date, invoice number)

Seller information: Full name, business registration address, phone number, fax of seller

Buyer information: Full name, business registration address, phone number, fax of the buyer

Product information: Product name, model, unit price, quantity, packaging, total amount to be paid….

Payment term: International payment method as agreed

Port of Loading: Name of the port of loading

Port of Destination: Name of the port of destination.

ETD/ ETA (Estimated time delivery/ Estim greece telegram data ated Time Arrival): Delivery date and expected date o

Legal nature: A commercial invoice has legal effect and is used for customs clearance or payment. Meanwhile, a pro forma invoice has no legal value and is used as an invoice to provide information

used for payment or rece personalized marketing experience iving money based on that invoice.

Time of issue: Pro forma invoices are not usually required to be issued at the time of issue, and are usually issued before the shipment has been shipped and before a formal contract has been signed. Commercial invoices are issued after the shipment has been pac australia data ked into a container or shipped.

Purpose of use: A proforma invoice is considered a draft of a commercial invoice for the two parties to agree and agree on the contents. This invoice can be adjusted and modified before being officially signed. Once issued, a commercial invoice cannot be changed, and the information about the

Confirmation of agreement: Commercial invoice confirms business transactions and is binding between parties while proforma invoice is a temporary commitment between buyer and seller.

Payment value: Proforma invoice cannot be used as a payment document, while commercial invoice is used as a payment document between exporter and importer.