September 7, 2021
What is CAD?
We’ve put together the basics you need to know about CAD (Cash Against Documents), a common payment process for international transactions.What is CAD (Cash Against Documents)?Cash Against Documents is a payment agreement for international transactions between a shipper (exporter) and a buyer (importer) of exported goods. CAD uses neutral intermediaries, like a bank or financial institution, to exchange shipping documentation and payment for goods.