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Old 03-10-2014, 01:16 PM
manmohanbkd manmohanbkd is offline
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Join Date: Feb 2014
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LC is Letter of Credit that is a letter that banks will provide to seller side of a transaction to verify that the buyer is able to pay that amount of money , in case if the buyer don't pay the seller the bank has to pay the seller.

TT is Telegraphic Transfer that is also called wire /swift transfer which is cheap and fastest legal way of remitting money over seas through any bank with forex facility by the way you have to be careful before you buy any such things from companies before you should know them well
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