LC Negotiation and Sight Payment
Posted: Sat May 20, 2017 10:49 am
Dear All,
An LC is Available With : XYZ Bank and By : Negotiation
whether in Payment Part it states that 120 Days At Sight . This LC is not meant to be used as UPAS .
Can you please explain the issue ? How to deal with it from Nominated Banks point of view ?
Thanks in Advance....
An LC is Available With : XYZ Bank and By : Negotiation
whether in Payment Part it states that 120 Days At Sight . This LC is not meant to be used as UPAS .
Can you please explain the issue ? How to deal with it from Nominated Banks point of view ?
Thanks in Advance....