Plain-language definitions of the terms you'll encounter across the Filify platform and in cross-border agricultural trade generally.
The carrier's contract and receipt for the shipped goods. On Filify it is issued by the exporter, digitally verified and signed by the importer, and gates the escrow release countdown.
A document certifying the country where the goods were produced, required for customs clearance and preferential tariff treatment.
The risk that the other side of a trade fails to pay or fails to deliver. Filify eliminates it with 100% escrow funding and verified delivery documentation.
A neutral, regulated account holding the buyer's funds until agreed conditions are met. On Filify, funds sit in Tazapay escrow vaults and release only on verified delivery.
Estimated Time of Departure and Estimated Time of Arrival — the vessel schedule fields recorded during shipping booking.
The Incoterm used on every Filify contract: the seller delivers goods on board the nominated vessel, and risk transfers to the buyer once loaded. The buyer nominates the carrier.
The Harmonized System code — an internationally standardized numeric classification for traded goods, used for tariffs, statistics, and customs clearance.
Know Your Customer / Know Your Business — identity and business verification required before any account can execute trades on Filify.
A bank-issued payment guarantee common in traditional trade. Filify's escrow model replaces it with faster, lower-cost secured settlement.
The smallest quantity an exporter will sell in a single contract, shown on every Filify exporter card alongside FOB pricing.
The preliminary agreement between buyer and seller on Filify that precedes the proforma invoice and escrow funding.
The itemized document detailing the contents, weights, and packaging of each unit in a shipment, verified by the AI Doc Verifier.
An official certificate confirming a plant-based consignment is free of regulated pests and meets the destination's import health requirements.
The seller's preliminary bill of sale stating quantities, price, and terms. Once accepted on Filify, it triggers the escrow funding step.
Independent third-party verification of shipment quality and compliance by SGS, required on every Filify trade before documents are generated.
The regulated cross-border escrow provider that holds all Filify trade funds. Filify never holds or touches client money.