„Collect Charges“
What does Collect Charges stand for?
1. Transportation practice where the receiver of the goods pays the freight and charges to the carrier.
2. Collection practice where the buyer is expected to pay the bank charges for handling the collection.
Source:
Shipping and LogisticsView all itemsBowersox, D. J., Closs, D. J., & Cooper, M. B. (2002). Supply chain logistics management. Boston: McGraw-Hill.