Under Letter of Credit, "Honor" does not include ( ).
A: Sight Payment
B: Negotiation
C: Deferred Payment
D: Acceptance
A: Sight Payment
B: Negotiation
C: Deferred Payment
D: Acceptance
举一反三
- 议付信用证正确表示（ ） A: Negotiation Credit B: SIGHT L/C C: Deferred Payment Credit. D: Acceptance Credit
- Under D/A, documents are ______. A: released to the importer against payment of the bill B: released to the importer against acceptance of the bill C: released to the importer against payment or acceptance of the bill D: released to the importer against acceptance of the sight bill
- In your quotation letter, what will be the payment term? A: Letter of Credit at 30 days' sight B: D/A at 30 days' sight C: Sight L/C D: D/P at sight
- The ( ) refers to the bank that is responsible for payment of the proceeds under a letter of credit if the terms and condition of the credit are complied with.
- When a bank deals with the documents presented under a credit for payment or negotiation, it disregards the contract between the importer and exporter.