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What do POP and POF in terms of international trading mean? |
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POF (Proof of Funds): A note from a buyer’s bank to the seller’s that money is available for the deal
into which the buyer intends to enter.
POP (Proof of Product): A note from a seller’s bank to a buyer’s that the product offered is available.
Ramesh Vaidya
First answer by Rameshvaidya. Last edit by Rameshvaidya. Contributor trust: 70 [recommend contributor]. Question popularity: 57 [recommend question]
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