问答题
In practice, how to make payment by the combination of the L/C and collection?
【正确答案】In this way the buyer should open an L/C for a certain percentage of the whole amount value of the goods, and the balance is to be collected. The contract should be declared clearly that the amount of payment under L/C would be available against a clean draft, while the balance of the payment would be available against documentary draft on collection basis. The shipping documents will not be released to the buyer unless he has effected all the payment.