DA mean documents against acceptance, where company give acceptance to pay their liabilities on due date, but he can pay remit the DA before its due date , but in case of Letter of Credit, UCP are not allowed to pay the LC liabilities before its due date.
Thanks
Anup Das
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
no that's why i asked Google da
at first open your business place, than arrange ted licence. then apply to LC for export or Import.
Deferred LC is very usefull for both importers and exporters. 1-Importer does not hav to pay in-advance when uses deferred lc 2-but exporter guarantees that he will get the payment in a certain time after shipment and also if he wants he can discount in on the same day or on any days when the LC is booked. 3- deferred LC helps to the buyer who does not have cash but has credit in his bank 4- deferred LC helps to the seller, so he does not have to look for a buyer who has only cash money.He can discount the LC with a very low cost anytime.
what is the difference between an auction and a tender
what is the difference between transferrable and non transferable LC?
The difference between an RC and LC is that the frequency - determining device in the RC oscillator is not a tank circuit. LC can operate with A or C biasing, while RC can only operate with A.
One difference between an SC and an LC connector is that an LC connecter is smaller in size than an SC connector. Also, an LC connector is considered a latch connector, whereas an SC connector is considered to be a push-pull connector.
An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
From merchandising point of view what features of master L/C
no
LC means coil capacitance circuit RC means resistance capacitance circuit
No difference as both are alternate names of each other
The difference between double side band long carrier (DSB LC) and double side band short carrier (DSB SC) is the is how the amplitude modulation (AM) is referenced in the carrier wave.
difference between local oscillator and controlled oscillator
LC = Payment thru Letter of Credit DA = Payment against acceptance DP = Payment against receipt of document TT = Telegraphic transfer