WebStep 1. After confirming with the Chinese supplier about the payment term D/P at sight, retailer A continues to communicate about what documents should be provided to the … Web#1 – DP LC or DA. In this form of LC, the payment must be made on the date of maturity following the credit terms Credit Terms Credit Terms are the payment terms and conditions established by the lending party in exchange for the credit benefit. Examples include credit extended by suppliers to buyers of products with terms such as 3/15, net 60, which …
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