Confirmed L/C at Sight
Confirmed L/C at sight covers two definitions: Confirmed letter of credit which is payable at sight.
Letters of credit can permit the beneficiary to be...
What is the Meaning of by Payment?
At sight payment is a payment due on demand.
At sight letter of credit can be defined as a letter of credit that is payable...
Availability of Letters of Credit
According to letter of credit rules, a credit must state whether it is available by sight payment, deferred payment, acceptance or negotiation. (UCP 600...
At Sight Letter of Credit
According to the current letters of credit rules, UCP 600, credits must state how they are available to beneficiaries in terms of payment type.
UCP...