What is AT SIGHT LC
A sight LC causes payment to be made immediately to the
beneficiary/seller/exporter upon presentation of the correct documents. A time
or date LC specifies
when payment is to be made at a future date and upon presentation of the
required documents. USANCE LC: Alternative term for deferred payment letter of
credit.
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| At-Sight -Lc- www.rmg-guide.com |
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