Compare sight and usance letters of credit with guidance from Sriya Enterprise for secure and informed international trade transactions. A sight letter of credit requires immediate payment upon presentation of documents, while a usance letter of credit allows payment at a later date. Understanding the differences helps in selecting the right credit type for your transaction. Sriya Enterprise offers expert advice on both types, ensuring compliance with banking, FEMA, and RBI regulations. Trust Sriya Enterprise for comprehensive trade finance solutions and informed decision-making.
Mastering International Trade: Decoding Incoterms and Payment Terms for Export-Import Success Basically, the need to write this blog came, based on my recent interaction with an MSME exporter. In my recent consultation with an MSME (Micro, Small, and Medium Enterprises)…