Glossary

Search by letters

CASH IN ADVANCE (CIA)

PAYMENT TERMS

Cash in Advance (CIA) is a payment method in shrimp trade. The exporter requires the importer to pay for the goods in full before shipment. This method ensures that the exporter receives payment before shipping the shrimp, reducing the risk of non-payment. However, it can be less favorable for importers as they must pay upfront.

 

Subscribe to Vannamei Tips

Are you in the Vannamei Business?

We are always looking for new partners. If you are looking for or selling products, please contact us!