
What are payments TT and LC? - Answers
2023年9月11日 · An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller ...
What are the payment terms L C or PDC or CDC? - Answers
2024年10月25日 · Payment terms L/C, PDC, and CDC refer to different methods of payment in business transactions. L/C stands for Letter of Credit, which is a financial document issued by a bank on behalf of a buyer ...
What is the meaning of LC payment? - Answers
2023年9月19日 · Deferred LC is very usefull for both importers and exporters. 1-Importer does not hav to pay in-advance when uses deferred lc 2-but exporter guarantees that he will get the payment in a certain ...
What is the difference between usance and deferred payment LC?
2025年1月21日 · Usance LC allows the buyer a specific period after receiving the goods to make the payment, while deferred payment LC allows the buyer to make the payment at a later date agreed upon in the LC ...
What is meant by payment term LC? - Answers
2024年10月16日 · What is meant by payment term LC? Updated: 10/16/2024. Wiki User. ∙ 11y ago. Add an answer. Want this question answered? Be notified when an answer is posted. 📣 Request Answer. Add your answer:
What is LC DA DP TT payment options? - Answers
2023年9月14日 · Deferred LC is very usefull for both importers and exporters. 1-Importer does not hav to pay in-advance when uses deferred lc 2-but exporter guarantees that he will get the payment in a certain ...
What is an LC payment? - Answers
What is an LC payment? Updated: 10/16/2024. Wiki User. ∙ 9y ago. Add an answer. Want this question answered? Be notified when an answer is posted. 📣 Request Answer. Add your answer: Earn +20 pts.
What is the difference between LC and DA? - Answers
2022年12月11日 · An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
What is the meaning of Payment will be effected provided the …
2022年11月9日 · If all documents are included and comply with the instructions of the LC, payment can be released according to the payment schedule (i.e. "Draft at 30 days after ship date"). Wiki User ∙ 12 y ago
What payment term is better for supplier TT60days or OA
2023年9月19日 · What is Creditors Collection Period? The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers.