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what does LC and CC MEANS
Post 1 of 5
payment
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[em1]
28 Aug 2006 12:12
Post 2 of 5
Quoting from [payment]:


[em1]

LC infers a Letter of Credit which is a document that includes the way in which payment will be made, by what date, the amount, in what manner, product purchased and the terms of satisfying the agreement between parties including any third party inspections.  CC infer payment via Credit Card.

Best regards,

Ranger 

SIGNATURE:
About Our Company

Me Tech Supply
ME Tech Supply a D. B. A provides sourcing solutions for both small and medium sized businesses. We are members of the GSAA whose Agents have verified more than 2. 5 million companies World WideWe offer low cos... More

28 Aug 2006 14:50
Post 3 of 5
Replying to [payment]:Use L/C (Letter of credit) and not CC (Credit Card)
13 Sep 2006 01:25
Post 4 of 5
Replying to [payment]:

LC., it is an INCO Term., Letter of Credit

CC: this is not an INCOTERM

Taking this as an abberivation we can give many wors

CC Courtesy Copy (email; for those who never used carbon paper)
****** CC Commercial (Top-Level Domain introduced in 2000)
****** CC Community College
****** CC Commander
****** CC Cruiser
****** CC Cross Country
****** CC City Council
****** CC Coca Cola
****** CC Chamber of Commerce
****** CC C Compiler
and so on

SIGNATURE:
About Our Company

Horizons
We are one of leading exporters and buying agents for textiles&clothing for the past 25 years and stationed at the knitcity-tirupur.We are having 50 exporters in our fold and manufacturing all the knitwear it... More

15 Sep 2006 06:03
Post 5 of 5
spolish
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Overall Ranking MVP:163 Rank:1,989
Replying to [Ranger]:
LC and CC are both the exchange mode with bank
L/C is letter of Credit,the exchange is between company and bank.
CC is Credit card,the exchange is between person and bank.
16 Sep 2006 22:41
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