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[Music] usually a proforma and a commercial invoice are used during the export process shippers who dont know better may think the two forms are interchangeable but theyre not in this video Ill explain the key differences before we get started make sure you subscribe to this channel so you dont miss any of our videos sharing practical advice for exporters and importers lets look at how proforma and Commercial invoice are different and the role each form plays in an export shipment an international sale often begins with a letter of inquiry from a potential buyer interested in your products they may ask for an informal or formal quote enter the proforma invoice a quote prepared by the exporter that resembles a commercial invoice why might a buyer request a quote in the form of a proforma invoice so they can arrange a letter of credit or other financing to pay for the goods and because certain countries require a proforma invoice if they tightly control their currency exchange rate
