What is Mix Payments??
Post 1 of 7
17 Jan 2008 10:44
Post 2 of 7
Quoting from [spider man]:
What is Mixed Payments in L/C?
Best Regards
Red clause. ie 30% advance 70% at sight or by acceptance of the documents before expiry.
Ranger
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26 Jan 2008 15:05
Post 3 of 7
Replying to [ranger]:what do you mean by 30% advance?is like 30% cash down payment?
27 Jan 2008 23:44
Post 4 of 7
Replying to [spider man]:
Frankly, never heard of this term before. Recent innovation?
Frankly, never heard of this term before. Recent innovation?
14 Feb 2008 01:35
Post 5 of 7
Replying to [spider man]:
Otherwise, HOW does one make an advance payment.....!![[em12]](http://img.alibaba.com/images/eng/style/icon/emoticons_surprised.gif)
Otherwise, HOW does one make an advance payment.....!
14 Feb 2008 01:36
Post 6 of 7
Replying to [spider man]:
A mixed payment in L/C may require two drafts which have a difference in tenor to be presented. For example: 30% amount of L/C will be paid at 60 days after sight and the rest 70% will be paid in 180 days.
A mixed payment in L/C may require two drafts which have a difference in tenor to be presented. For example: 30% amount of L/C will be paid at 60 days after sight and the rest 70% will be paid in 180 days.
18 Feb 2008 07:04
Post 7 of 7
Replying to [spider man]:
Sounds like a Deferred Payment LC, if I am not too far off the target?
Sounds like a Deferred Payment LC, if I am not too far off the target?
19 Feb 2008 05:04
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