What is TT L/C new to trade
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Post 2 of 5
Replying to [KeKe]:I think it means "at sight L/C"
11 Nov 2006 21:35
Post 3 of 5
Replying to [KeKe]:
hi t/t is telgraphic transfer, the payment method prefered by most suppliers, like a bank transfer or wire transfer, and l/c is a letter of credit, issued by a bank who wish to support your business dealings, and in turn demand high rates of intrest on completion if terms and conditions are not satisfied.
hope this helps.
hi t/t is telgraphic transfer, the payment method prefered by most suppliers, like a bank transfer or wire transfer, and l/c is a letter of credit, issued by a bank who wish to support your business dealings, and in turn demand high rates of intrest on completion if terms and conditions are not satisfied.
hope this helps.
20 Nov 2006 13:20
Post 4 of 5
Replying to [KeKe]: TT L/C .... its terms of payment, l/c can be paid by bank, tt also paid by bank, if you willing to sale you cargo against advance payment then you can ask TT before shipment, or you wana sale on credit or limited credit with bank involment then you can chose terms l/c (sight lc, DA l/c) etc
20 Nov 2006 22:04
Post 5 of 5
Replying to [KeKe]:
T/T=Telegraphic transfer
L/c= Letter of credit.
T/T=Telegraphic transfer
L/c= Letter of credit.
01 Dec 2006 04:38
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