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Will the applicant bank make payment to the beneficiary bank for non delivery using the after sight LC?
according to a HSBC bank officer in China, he said the applicant must make payment even if the seller does not deliver the goods, for using the after sight 90 days LC....I do npt agree because what is the point of having UCP600/ICC ? if there is no govern body to safeguard the applicant ?
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What is D P at sight?
Wt do you mean Payment Terms 100% DP at Sigjht
What is dp at sight terms?
depth perception
Hind sight meaning?
your eye sight is not correct and you normally see everything upside down. Your brain corrects everything and makes it the right way round again. Beleive this or else everything will go wrong in your life! You will be cursed!=====================================================Hind-sight refers to how a situation could have been handledafter it's over. When you have lived/been through an event,hind-sight, often, points-out other ways it could have beenresolved.
What is out of sight out of mind syndrome?
being awaY froma situation and not being seen nor remebered.
Letter of Credit?
Letter of Credit(Download)Date: _________LETTER OF CREDIT (GENERAL)______________________________________________________________________________Sir:We hereby agree to accept and pay at maturity any draft or drafts on us, at sight, issued by __________________________, of __________________________, to the extent of $_____(________________________ & _____/100 dollars), and negotiated through your bank.Most respectfully yours,_______________________________________________________________ by: ________________Letter of CreditReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. A L/C is a standard document to provide for guaranteed payment. This document will suffice.1. Make multiple copies. Give one to each related party and keep one with the transaction file involved.
Is the drawee banker require the acceptance of applicant for payment of sight LC?
no
What do think would be a welcome sight to ravenous cowboys?
Ravenous means extremely hungry. A welcome sight would be food, or the chuck wagon (wagon that belonged to the trail drive cook). The delivery guy from Dominos would have been a welcome sight (if they had Pizza delivery then)
Can a sight lc be transferred as usance?
Yes, a sight letter of credit can be transferred as usance. The seller can request the bank to transfer the payment terms from sight to usance, enabling the buyer to make payment at a later date as agreed upon in the letter of credit.
What is the maximum tenor for payment under Sight Letter of Credit?
10 days
What Do you think would be a welcome sight to a ravenous cowboy?
i think a ravenous sight would be someone achieving the ride
What are on sight letters of credit?
A letter of credit that is payable once it is presented along with the necessary documents, a written commitment by a bank to make payment at sight.
What is D P at sight?
Wt do you mean Payment Terms 100% DP at Sigjht
Who was the first crewman of Columbus to sight land?
The Columbus crewman to first sight land was Juan Rodriguez Bermejo.
What is the difference between CAD payment and DP?
CAD means CASH AGAINST DOCUMENTS & DP means Documents Against Payment CAD can be , CAD AT SIGHT, CAD 30 DAYS, CAD 60 DAYS BUT DP IS ONLY DP AT SIGHT. THE IMPORTER HAS TO PAY THE AMOUNT TO GET THE DOCUMENTS WITHOUT ANY TERMS IN DP
What is the time days for a letter of credit at Sight to be paid?
A sight draft is payable as soon as it is presented for payment.The bank is allowed a reasonable time to review the documents before making payment Baiju Bhaskaran
How many delivery facilities are there between Sharon springs ny marcy ny and Rochester ny?
It sounds like you are talking about walmart sight to store facilities. I count 13 stores along that route but may have missed a couple. If your wondering how long to get from Marcy, NY to Rochester, NY using the walmart delivery method you can count on at least 10 days. Yes you heard that right. Walmart sight to store is pretty sad as far as delivery times go.
What is darshani hundi?
This is a hundi payable at sight. It must be presented for payment within a reasonable time after its receipt by the holder. Thus, it is similar to a demand bill.
