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Proforma Invoice

   Also found in: Dictionary/thesaurus, Acronyms 0.01 sec.
Proforma Invoice
A price quote that a potential seller gives to a potential buyer that details the sale price and any applicable commissions and fees. It is given in the form of an invoice. A proforma invoice exists in order to give a potential buyer a precise figure of the final cost of a transaction. This helps the buyer in making his/her investment decisions. The proforma invoice also helps the seller avoid ill feelings that may result from unexpected fees charged to the buyer, which could drive away future business.


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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.
Document errors often result from over-reliance on the new computer programs that print out a Proforma Invoice for each tea shipment.
If he has placed an order, send him a proforma invoice immediately.
 
 
 
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