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Discounting is a term used for the actual drawing/negotiation that takes place under an Lc (Letter of Credit). The credit conform (accepted) documents/draft are due for deferred payment and the presentor does not want to wait for its funds till maturity date. Whether the LC is transferable or not is of no importance here. The LC itself should be 'discountable' (it is safer to have this in special instructions of the LC terms).
The discounting then depends on the parties concerned, and the price for discounting (discounting rate/Libor/Airbor+spread) and the willingness of the bank that should discount. Discount can be performed with or without recourse.
What else can I help you with?
How do you sell non transferable items in woozworld?
You Cannot, It Is Impossible To Sell It. My Advice Is Go On Google And Look Up How To Transfer The Non Transferable Items.. Thats How I Do It. I Hope You Get What Your Looking For :D Add me On Woozworld sammiiwilcox
What is a Usanse LC?
LC for 30,60,90,or 120 days is called Usanse LC
What is non operative LC?
Non-operative LC (Laparoscopic Cholecystectomy) refers to the management of gallbladder conditions without surgical intervention. This approach may include dietary modifications, medication to manage symptoms, or observation for asymptomatic gallstones. Non-operative strategies are typically employed when surgery poses higher risks or when patients prefer to avoid surgery. However, definitive treatment often involves surgical removal of the gallbladder when symptoms become problematic.
What is the meaning of LC payment?
Letter of Credit payment
What are the features of joint stock company?
Limited liAbilities,transferable share
Transferable and nontransferable LC?
what is the difference between transferrable and non transferable LC?
What are the Discounting and Non-discounting Criteria of Capital Budgeting?
IRR
What are non-transferable?
Non-transferable refers to something that cannot be moved or assigned to someone else. This could apply to various assets, such as a non-transferable ticket that can only be used by the original purchaser or a non-transferable agreement that is limited to specific parties.
What does non-transferable check means?
The cheque is not transferable to any other account other than the payee's account.
What does non-transferable mean on a check?
Non-transferable on a check means that the check cannot be endorsed or transferred to another party. It is typically marked with the phrase "non-transferable" or "not transferable," indicating that only the original payee can cash or deposit the check. This restriction helps ensure that the funds are paid only to the intended recipient, reducing the risk of fraud or unauthorized access.
What is the difference between back to back letter of credit and transfer letter of credit?
back to back credit is a seller financing tool where seller goes to his bank for amendment of the master lc and get issued another lc in favor of the main supplier and also it is a LC where main buyer does not get to know that who is main supplier .Bank which issues the back to back LC undertakes a definite payment obligation under L/C law and practice, while the bank that transfers a transferable L/C does not obligate to pay. Instead, the transferring bank usually pays after receipt of issuing bank's payment under the transferable credit.a transerable is cannot be transferred until or unless it is mentioned in the master LC as tranferable.
How do you sell non transferable items in woozworld?
You Cannot, It Is Impossible To Sell It. My Advice Is Go On Google And Look Up How To Transfer The Non Transferable Items.. Thats How I Do It. I Hope You Get What Your Looking For :D Add me On Woozworld sammiiwilcox
Can you get event items again?
If you mean in RuneScape: There is a guy in Draynor that will give you event items after you lose or discard them. This applies only to the non-transferable items.If you mean in RuneScape: There is a guy in Draynor that will give you event items after you lose or discard them. This applies only to the non-transferable items.If you mean in RuneScape: There is a guy in Draynor that will give you event items after you lose or discard them. This applies only to the non-transferable items.If you mean in RuneScape: There is a guy in Draynor that will give you event items after you lose or discard them. This applies only to the non-transferable items.
Can you transfer credits to someone else on poptropica?
Under the current rules, no. Credits are non-refundable and non-transferable.
What is non transferable rights?
Non-transferable rights refer to entitlements or privileges that cannot be sold, assigned, or transferred to another party. These rights are typically tied to the individual or entity that originally holds them, such as certain licenses, permits, or membership rights. Non-transferable rights ensure that only the designated holder benefits from the rights, promoting accountability and maintaining specific standards or qualifications.
What the transferable divisible lc?
If you talk about money - the word "transferable" includes already the term "divisible". If you talk about terms of delivery; the term "partial shipment allowed/not allowed" are used since 1982. In other words "divisible" meant 30 years ago, "partial shipment allowed". Good luck!!!
Is a fishing permit a non-liquid asset or liquid asset?
It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.
