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FinancialDealz.Com

International Trade Facilities: Commercial Letter of Credit and Documentary Letter of Credit (DLC). We offer international trade facilities for importers and exporters for importers and exporters worldwide. The Letter of credit or DLC are normally for short term pre-shipment credit or packing credit limits. About Letter Of Credit: The price range of such DLC or LC ranges from USD 100,000 up to USD 5 million. Normally the period for DLC or LC ranges from 60 days up to 180 days. Letter of credit or DLC (Documentary Letter of Credit) at Sight is different than Usance Letter Of Credit. What is the difference between Sight Letter of Credit and Time Letter or Credit or Usance Letter of credit? Many Importer / Exporter parties are confused between Sight LC and time letter of credit. Although both require certain documents, and both are common practice within the import & Export trade arena, there is clear difference between the two.

https://www.financialdealz.com

category: Business > Business-finance


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