Proforma invoice

The supplier's quote in invoice form β€” your price confirmation before the deposit, not a demand for payment.

Glossary

What is Proforma invoice?

What is Proforma invoice?

A proforma invoice is the supplier's formal quote: product specification, quantities, unit prices, trade term, payment terms and lead time on one numbered document. It commits the price and terms you negotiated, so compare it line by line against your agreement before paying any deposit β€” vague proformas ('T/T, FOB') are where surprise charges hide. Keep every revised version; the final proforma plus your sales contract is the paper trail a dispute will be judged on.