Question
Explain what is the difference between document against acceptance and document against payment?
Answers
Document against payment: The document remains with bank and importers have to pay the exporter before they release the documents. In this payment is immediate, and document is released quicklyDocument against acceptance: In this importer gives 30-45 days to bank to deduct the amount and then release the documents. In this provision, there is much risk, and if there is no sufficient balance in the account then, the process will get delayed.   Your Comment




  • Contributors: *,


Search
Can you Answer!!
  • Q What is the content of rar?
  • Q bccdeefg-
  • Q How to make text-links without underline?
  • Q What should be characteristic of the Argumentative style?
  • Q What number of the times the instruction sequence below will loop before coming out of loop is MOV AL, 00hA1: INC AL JNZ A1
  • Q Explain with an example the implementation of source queue for MDB.
  • Q Draw the SRAM Write Circuitry
  • Q Name the Bird, which can fly backwards:
  • Q Which year was the death penalty for murder abolished in Britain?
  • Q In 1901 who first transmitted radio signals across Atlantic
  • Q What are the New Job Postings from the Company or Organization, Man-made Textile Research Association (MANTRA) ?