Sight Letter of Credit

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
SLC
Pronunciation
/saɪt ˈlɛtər əv ˈkrɛdɪt/
Category
Business
Related Field
Accounting

Examples in Context

  1. You hope doubt know we require payment by sight letter of credit.
  2. In a sight letter of credit, the seller usually draws a sight draft either on the buyer or on the issuing bank or whoever is named in the credit.
  3. By100 % confirmed, irrevocable and sight letter of credit to remain valid for negotiation in China until the30th day after shipment.
  4. The terms of payment will be the same as those in the previous contract, that is, sight letter of credit.
  5. Irrevocable and Transferable Documentary Sight Letter of Credit(SLC) ( Concerning the Supplemental Loan Agreement to the General Loan Agreement No BLA 99012 )

Other meanings of SLC