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A commercial invoice, abbreviated as CI, is a mandatory document used in
foreign trade. It is used as a customs declaration provided by the
person or corporation that is exporting an item across international
borders. Commercial Invoices are also instrumental documents in
the processing of Letters of Credit. They are commonly listed as one of
the documents that must be submitted to the Issuing Banking for
releasing payments. Although there is no standard format, the document must include a few specific pieces of information such as the parties involved in the shipping transaction, the goods being transported, the country of manufacture, and the Harmonized System codes for those goods. A commercial invoice must also include a statement certifying that the invoice is true, and a signature.
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