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The goods go directly from one country to another. The trade is managed from Istanbul.

Transit trade is the purchase of goods from a foreign country and their sale to a third country without importing them into Türkiye. On this page we explain how the model works, which documents it relies on and what it offers the buyer.

EXWFCAFOBCFR / CIFCPT / CIPDAP
Supplier countryManufacturer / stockist TEMİR · IstanbulContract · documents · payment Buyer countryEnd user / distributor Flow of goods (direct) Flow of documents and payment

How the model works

TEMİR buys the goods from the supplier in its own name and sells them to the buyer in its own name. Two separate contracts are concluded: a purchase contract with the supplier and a sales contract with the buyer.

The goods are shipped directly from the loading point in the supplier's country to the destination in the buyer's country. If the route requires it, bonded warehouses or free zones in Türkiye can be used as an intermediate stop; even then, the goods are not imported into Türkiye.

What it offers the buyer

One counterparty: a single contract and a single invoice instead of separate correspondence with several manufacturers in different countries.

Balanced financing and risk: the payment structure (letter of credit, cash against documents, advance payment) is set according to the size of the transaction and the level of trust between the parties.

Logistics efficiency: because the goods do not pass through an unnecessary country, freight costs and transit times are reduced, along with unnecessary handling and the risk of damage.

What it offers the supplier

Sales into a new market without setting up a company there or bearing the collection risk alone.

Documents and payment processes prepared in line with the practices of the buyer's country.

Documents

The document file of a transit shipment

DOC.01

Proforma invoice and contract

Product description, quantity, unit price, delivery terms and payment terms.

DOC.02

Commercial invoice

Issued separately for the purchase and the sale; the amounts and parties differ in each transaction.

DOC.03

Packing list

Net and gross weights, dimensions and marks per carton, crate or pallet.

DOC.04

Bill of lading / transport document

A bill of lading (B/L) for sea freight, CIM for rail and CMR for road. Where necessary, the bill of lading is reissued (switch B/L).

DOC.05

Certificate of origin

Shows the country in which the goods were manufactured; required in the buyer's country for duties and preferential regimes.

DOC.06

Inspection and test reports

On request, pre-shipment inspection, quantity and quality control, product certificates and test reports.

DOC.07

Insurance policy

Cargo insurance for CIF or CIP deliveries, or at the buyer's request.

Delivery terms

The Incoterms rules we use

EXWThe goods are made available at the supplier's premises; transport is the buyer's responsibility.
FCAThe goods are handed over to the buyer's carrier at the named place. Commonly used for container and multimodal transport.
FOBThe goods are deemed delivered once loaded on board the vessel at the port of shipment.
CFR / CIFFreight (and, under CIF, insurance) is paid by the seller; risk passes at the port of shipment.
CPT / CIPThe equivalents of CFR and CIF for any mode of transport.
DAPThe goods are delivered at the named place in the buyer's country, not cleared for import.

Payment

Payment structures

Letter of credit (L/C)

The buyer's bank undertakes to pay once complying documents are presented. Preferred for large transactions and first-time business relationships. In transit transactions, transferable or back-to-back letters of credit can be used.

Cash against documents (CAD)

The documents are released to the buyer through the banks against payment.

Advance and partial advance payment

For transactions with short production times and smaller amounts: an advance payment, with the balance paid after loading.

Transit trade transactions are subject to foreign exchange regulations, banking practice and the foreign trade rules of the countries involved. The structure of each transaction is agreed together once the parties and the product are known.

Do you have a requirements list?

Share the product name, technical specifications, quantity and destination country, and we will work out the sourcing options and shipping plan together.

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