Days Sight
Date by which a payer bank will honor a draft drawn against a letter of credit (L/C). A L/C marked ‘Thirty days sight,’ for example, means the draft will be honored thirty days after presentment.
Date by which a payer bank will honor a draft drawn against a letter of credit (L/C). A L/C marked ‘Thirty days sight,’ for example, means the draft will be honored thirty days after presentment.
