Documents against Payment/Bill of Exchange flow diagram
Courtesy of Wiley Publishing.
Re: Documents against Payment (D/P) flow diagram
by Solomonye on 21 Nov 2006 16:54
Replying to [bmpc]:Thanks for the flow chart.
I get the information and understand it.
I just need do D/P.
Thanks.
Re: Documents against Payment (D/P) flow diagram
by Jackie Chen on 18 Mar 2007 05:46
Replying to [bmpc]:I check this article. very nice. but in the fact, some operation ways in the bank in different countries is different.
so bank 's option and reputation is very important if do D/P in this issue
Re: Documents against Payment (D/P) flow diagram
by MohammedAtwah on 25 Mar 2008 21:35
Replying to [bmpc]:
Very well prepared, and i think its conveniant for both buyer and seller.
Tt (telegraphic transfer), * bill etc. vs. lc (letter of credit)
Author: Catalyst
Back to back letters of credit
Author: Catalyst
The original LC and the one issued against it are independent. See how it works.