Glossary of M1 NXT

Certificate of Insurance

A Certificate of Insurance is your safety net, protecting goods in transit from loss, damage, and unforeseen risks. When goods cross borders, transit can be unpredictable. With a proper insurance

Articles of Association

The Article of Association(AOA) is a statutory document that defines a company’s internal governance, management framework, and operating procedures. It works alongside the Memorandum of Association (MOA). while the MOA

Board Resolution

A Board Resolution is a formal, legally recognised decision passed by the Board of Directors of a company under the Companies Act, 2013. In essence, it serves as the official

Export Receivable Factoring

In the contemporary landscape of global commerce, exporters face a perennial tension: they must offer competitive payment terms to foreign buyers while managing the inherent risk and liquidity strain of

Overseas Buyer

An Overseas Buyer is an entity located outside the exporter’s domestic jurisdiction that purchases goods or services under a cross-border commercial contract. Transactions with overseas buyers are typically executed under

DOA/NOA

DOA (Deed of Assignment) vs NOA (Notice of Assignment): Re-Engineering Receivables for Modern Trade Finance. In global commerce, liquidity does not move at the same speed as trade. Goods cross

Export receivable with LC or without LC

Export receivables represent the payment obligation due from an overseas buyer for goods shipped or services rendered under an international trade contract. Depending on the commercial arrangement, these receivables may