0
How soon can a credit card charge be made before shipment of product?
Wiki User
∙ 14y ago
It is technically legal, but it isn't good business!! Most companies only charge when they ship. It is against VISA and MasterCard's regulations for a merchant to bill their cards prior to shipping.
Contrary to what some sources indicate, the Fair Credit Billing Act does not address if it is legal for a company to charge you before shipping the product. Instead, it makes it illegal to not ship within advertised time period (or 30 days if no expected shipping date is mentioned in the agreement). If a merchant says "this item takes 90 days to ship", then they may bill right away and not have a legal problem if they ship before the 90 day window.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoThis depends on the companies policy, the availability of the product, etc. A company may wait until the charge clears before shipping the product, this can take anywhere from 2 to 14 business days.
That is rare, but it has happened. It is best to check the policy of the company in which you are ordering from. It is possible that the company can charge your account even up to two weeks prior to shipping.
Add your answer:
Earn +20 pts
Does proactiv take money from your credit card every month once you sign up?
Yes, Its a continuity program, billed every month for each month of product you get in your last shipment
Can you trade in a car that is listed on your credit as charge off?
yes u can my mom has before
Interest rate in sbi for export credit?
After goods are ready for shipment they will be taken to
Does it affect your credit score if you repay your credit card dues much before your monthly statement is generated?
no, but your finance charge will be lower
How much more can Randy charge to his credit card before he reaches the limit His credit limit is 5000 and he has used 1298.45?
3701.55
What is export packing credit?
Export Packing Credit.industry used term - EPC RATESThis is a fluctuating rates linked with LIBOR (London Inter Bank offered Rates)In international trading, both the parties are not aware of each other, hence, they employ a world-renowned bank (globally) because they do not trust each other & deal through that bank instead.Export Packing Credit are of 2 forms1. Pre-shipment Credit (Packing Credit)2. Post-Shipment CreditThese are available to the exporters, for financing purchase, processing, manufacturing or packing of goods prior to shipment.This would mean any loan or advance extended to you by the bank on the basis of:a) Letter of Credit opened in your favor or in favor of some other person, by an overseas buyer;b) a confirmed and irrevocable order for the export of goods from India;c) any other evidence of an order or export from India having been placed on the exporter or some other person, unless lodgement of export order or Letter of Credit with the bank has been waived.Packing Credit is granted for a period depending upon the circumstances of the individual case, such as the time required for procuring, manufacturing or processing (where necessary) and shipping the relative goods. Packing credit is released in one lump sum or in stages, as per the requirement for executing the orders/LC.The pre-shipment / packing credit granted has to be liquidated out of the proceeds of the bill dawn for the exported commodities, once the bill is purchased/discounted etc., thereby converting pre-shipment credit into post-shipment credit.Post Shipment Packing CreditIt runs from the date of extending credit, after shipment of goods to the date of realization of export proceeds and includes any loan / advance granted on the security of any duty drawback allowed by the Govt. from time to time. Post-shipment credit has to be liquidated by the proceeds of export bills received from abroad in respect of goods exported.The exporter has the following options at post-shipment stage:i. To get export bills purchased /discounted / negotiated;ii. To get advances against bills for collection;iii. To receive advances against duty drawback receivable from Govt.The exporter has the option to avail of pre-shipment and post-shipment credit either in rupee or in foreign currency. However, if the pre-shipment credit has been availed in foreign currency, the post-shipment credit has necessarily to be under EBR Scheme since foreign currency pre-shipment credit has to be liquidated in foreign currency. The details of pre-shipment and post-shipment credit in foreign currency are mentioned below.
In a transferable letter of credit Can the requirement for a pre-shipment inspection and security label be deleted?
NO
Does Neutrogena work?
yes. for some people no.Beware of Neutrogena Skinid. If you return your initial order, you need to call to cancel your account. Otherwise they will send another shipment and charge your account in a month or two. They will not credit your account for the second shipment. "We only give a credit for the initial order".I found the Neutrogena Skinid too drying for middle-aged skin.the skin ID should work if you take their test right
What does an annual fee mean with credit cards?
The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.
What is pcfc?
Pre-shipment Credit in Foreign Currency is referred to as PCFC in the Indian banking circles. Some times referred to as Packing Credit in Foreign Currency.
What is a sentence for charge?
I will charge the clothes to my credit card.
Can a creditor remove a charge off?
Yes, a creditor can remove a charge off from your account and your credit reports. Credit bureaus can also delete charge offs from your credit report if they are disputed and not verified.
