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a commercial invoice is a formal request of reimbursement by the seller to the buyer in this video youll learn how to correctly complete one 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 first you need to know when you will need a commercial invoice you will need one for these purposes the destination country requires it before clearing Goods through customs if theres an insurance claim on the shipment it serves as a key supporting document the buyer uses it to release funds through its Bank to the seller a bank examines it before reimbursing funds under a letter of credit or documentary collection us export regulations require that exporters retain it for 5 Years From the date of shipment exporters can use it to support foreign credit risk insurance claims but for it to be used for these purposes you must fill out the commercial invoice correctly your commercial invoice must incl
