LC at Sight vs TT Advance vs CAD: Payment Options for USA Rice Importers
For USA Basmati rice importers, a Letter of Credit (LC) at Sight offers structured bank-mediated payment security, Telegraphic Transfer (TT) Advance gives exporters faster access to funds, and Cash Against Documents (CAD) balances payment and document control without providing the same bank payment guarantee as a documentary credit. The best option depends on supplier trust,…