Deferred payment letter of credit is: first by the issuing bank first external payments, forward the maturity importers again issuing bank payment redeem. Usance draft
Deferred payment letter of credit by the issuing bank refers to: advance payment, late maturity importers to issuing bank payment documents.Usance draft
Deferred payment letter of credit means: first by the issuing bank external payment in advance, when long term maturity redemption form importer to the issuing bank payment. Usance