Deferred payment
For the Buyer
Get paid immediately
For the seller
Economical
Financial expenses
FAQs
What should an economic contract show to be able to issue an L/C?
What is the difference between the UPAS fee and the ordinary L/C, what fees are included?
UPAS fee is different from ordinary L/C: there is an additional fee for immediate payment to the correspondent bank, a fee for accepting UPAS payment (replacing fee for accepting payment of deferred L/C) collected by Sacombank, fees other similar to ordinary L/C.
What is the immediate payment fee, when does Customer pay?