Export Process Overview

Buyer- ImporterShipper-Exporter

Freight ForwarderCarrier

Sales Contract

Customs Broker

Freight Forwarder• Flexible Extension to the Export Department• Agent for the Carrier• Checks with U.S. Regulations

– Controlled Commodities/Export Licensing• Check with Importing Country Regulations• Checks & Completes Export Documentation• Arranges for Shipment of Goods

– Nature of Commodity- Haz Matl• Provides Insurance• International Banking Service

– Negotiates Letters of Credit• Files S.E.D via A.E.S.• Monitors Shipment of the Goods• Provides P.O.D. if required• FMC Licensed ( U.S.D.O.T.)

Import Process

• See Export Process Slide and read backwards

Customs Broker

• Classification• Customs Clearance• Customs Binding Ruling• Liquidation Process• Customs Modernization Act• Import Manual• Duties and Taxes• Treasury Department License