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Credit for Details mean

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Wed, 09/01/2010 - 01:07
amjadnawaz
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Joined: 10/28/2008
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Dear Experts,

 In field 42c of LC states that '30 days (see credit for details)',  we are unable to understand meaning of credit for details,  please clarify, furthermore 30 days means 30 days from BL date or 30 days from acceptance date.?

 Please comments.

Regards

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Wed, 09/01/2010 - 02:53
#1
Abrar
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Field 42C

From the wording provided, the LC is likely to define the tenor elsewhere in the body of the LC. Is it not there?

Had no reference been made to "(see credit for details)" the interpretation would be that the draft is to be drawn at 30 days sight 

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