Current location - Loan Platform Complete Network - Foreign exchange account opening - /kloc-What does a 0/20 day letter of credit mean? What about the bank charges involved in this letter of credit?
/kloc-What does a 0/20 day letter of credit mean? What about the bank charges involved in this letter of credit?
120th day means120th day after the date of bill of lading. When the bank accepts, it will indicate the due date of payment.

Bank charges include letter of credit notice fee or amendment notice fee, negotiation fee, postage fee, foreign bank discrepancy fee (which will be deducted only when there is discrepancy), foreign bank fee (intermediate bank fee), bill negotiation or discount fee (you can choose to do this or not, and do it for as many days as you want).