What is CBD for payment?
In the context of global trade and supply chain finance, CBD stands for "Cash Before Delivery." This is a payment term where the buyer is required to pay the seller the full amount for goods or services before the items are shipped or delivered. It is the safest possible payment method for the seller, as it completely eliminates the risk of non-payment or default by the buyer. However, it places the entire burden of financial risk on the purchaser, who must trust that the seller will ship the correct goods in a timely manner. Because it creates a significant cash flow disadvantage for the buyer, CBD is typically reserved for new business relationships where trust has not yet been established, high-risk transactions, or instances where the seller has significant market leverage and the buyer has no alternative source for the essential goods being purchased.
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