When buyer's bank pays to seller's bank upon receipt of documents and after having verified that documents are meet are requirements written in the lc
LC stands for Lucent Connectors
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.
LC means coil capacitance circuit RC means resistance capacitance circuit
An LC is a letter of credit which is used for carrying out large transactions between two financial institutions. A Pre-Advice LC is a fax/document sent from one bank to another before the actual transaction is carried out. This is to ensure that all information is correct.
T=sqrtLC
lc = learning centre
no
What do you mean by the term LC and when it is used
letter of credit
LC usually stands for Liz Claiborne.
Linen closet
LC-MS is the abbreviation for Liquid Chromatography - Mass Spectrometry. It is a method for doing analysis.
Lower Case
Yes, a sight letter of credit can be transferred as usance. The seller can request the bank to transfer the payment terms from sight to usance, enabling the buyer to make payment at a later date as agreed upon in the letter of credit.
according to a HSBC bank officer in China, he said the applicant must make payment even if the seller does not deliver the goods, for using the after sight 90 days LC....I do npt agree because what is the point of having UCP600/ICC ? if there is no govern body to safeguard the applicant ?
It probably refers to a company.
LC stands for Lucent Connectors