70% against fax B/L'? 与70% against copy of B/L有什么区别？

"70% against fax B/L" and "70% against copy of B/L" can refer to different payment terms in international trade.

"70% against fax B/L" means that the buyer will pay 70% of the agreed price upon delivery of the goods and the remaining 30% after receiving a fax copy of the bill of lading (B/L).

Meanwhile, "70% against copy of B/L" means that the buyer will also pay 70% upon delivery of the goods, but the payment will be made against a copy of the B/L rather than a fax. This indicates that the buyer will need to receive the original B/L before making the final 30% payment.

In general, the difference between the two payment terms lies in the type of document required to release payment. "Against fax B/L" requires a fax copy, while "against copy of B/L" requires the original document.