while all the usual methods can be used, importers tend to avoid letters of credit and often prefer to pay on a proforma invoice basis before moving to credit terms.
What does P/I stand for?
P/I stands for Proforma Invoice
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of P/I
We have 126 other meanings of P/I in our Acronym Attic
- PaO2/FIO2 (oxygenation index; respiratory care)
- Poll/Final Bit
- Present Given Future
- Grace Under Pressure (Rush album)
- Power/Ground Bounce Noise
- Policyholder (insurance)
- Packaging and Interconnecting
- Phorbol Ester/Ionomycin
- Prevalence to Incidence
Samples in periodicals archive:
PROFORMA INVOICE In some developing countries it is necessary for the importer to obtain a proforma invoice from his supplier before the order is confirmed.
Document errors often result from over-reliance on the new computer programs that print out a Proforma Invoice for each tea shipment.