6am:The Saint Pauls, NC forecast for Apr 14 is 53 degrees and Clear. There is 77 percentage chance of rain and 4 mph winds from the Northeast. 9am:The Saint Pauls, NC forecast for Apr 14 is 59 degrees and Sunny. There is 62 percentage chance of rain and 4 mph winds from the Northeast.
Sight Letter Of Credit. What is a 'Sight Letter Of Credit'. A sight letter of credit is payable once it is presented along with the necessary documents. An organization offering a sight letter of credit commits itself to paying the agreed amount of funds provided the provisions of the letter of credit are met.
Here are all the possible meanings and translations of the word letter of credit. Princeton's WordNet(0.00 / 0 votes)Rate this definition: letter of credit(noun) a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit.