Advance freight, also known as freight prepaid, is a type of shipping payment in which the air or ocean freight charges are paid at the port of origin or loading by the exporter and are billed to the importer in the exporter's invoice. The charges are not refundable even if the shipment fails to arrive at its destination. This type of payment is used to mitigate financial risks and to ensure that the freight charges are covered even if the shipment is not delivered successfully.

It is important to note that in advance freight, the exporter assumes the risk of the freight charges even if the shipment is lost or damaged during transit, and it may not be suitable for all types of goods or for all exporters. It's essential to review and understand the agreement before entering into any trade, and to discuss the terms with the carrier.

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