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متابعة

What is the difference between Usance LC and DA?

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تم إضافة السؤال من قبل Jeyasanjivan Jey , Student Ambassador , Unitemps, City University
تاريخ النشر: 2018/09/28
Ashraf E. Mahmoud (PhD)
من قبل Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Usance LC is a letter of credit payable at a predetermined time after the presentation of conforming documents. These are also called time L/C or deferred payment L/C and are the opposite of L/Cs payable at sight.

Whereas "DA" or As I assume D/A "Documents Against acceptance" is an arrangement in which an exporter instructs a bank to hand over shipping and title documents to an importer only if the importer accepts the accompanying bill of exchange or draft by signing it.

 

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟