Question

Deferred payments means payments
to be made ....
future
o currently
Ο Ο Ο Ο
present
past​

Answer 1

Answer:

Letter of Credit Documents.

Air Waybill.

Bill of Exchange.

Bill of Lading.

Certificate of Origin.

Insurance Policy.

Packing List.

Road Transport Document.

Explanation:

A Letter of Credit is an arrangement whereby Bank acting at the request of a customer (Importer / Buyer), undertakes to pay for the goods / services, to a third party (Exporter / Beneficiary) by a given date, on documents being presented in compliance with the conditions laid down. 20.1.There are various types of letter of credit (LC) prevails in the trade transactions. ... They are Commercial, Export / Import, Transferable and Non-Transferable, Revocable and Irrevocable, Stand-by, Confirmed, and Unconfirmed, Revolving, Back to Back, Red Clause, Green Clause, Sight, Deferred Payment, and Direct Pay LCA Letter of Credit is a payment term generally used for international sales transactions. ... Thus a LC (as it is commonly referred to) is a payment undertaking given by a bank to the seller and is issued on behalf of the applicant i.e. the buyer. The Buyer is the Applicant and the Seller is the Beneficiary.

Answer 2

Deffered payments means payments to be made in Future.