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Hi,
can anyone please tell me where can I find definition for 'at sight' payment.
How many days is it? (2, 3, 5...)?
Is there something in writing or is it just usual practice that can be subject to different interpretations?
regards
Snježana

here is a quote from James E bryne

While payment “at sight” originally meant presenting the documents at the bank’s counter and waiting while a decision to pay was made, it now means payment after the time for examination of the documents.