QUERY FROM BAHAR Dear Mr. Oldman, I live and work in middle east and have some problems on opening LC. Kindly provide me with differences of PAYMENT and NEGOTIATION LCs. Thanks a million. Bahar ———————————–COMMENT FROM MR. OLD MAN Dear Bahar, Thanks for using Mr. Old Man’s blog. I have answered the same question as yours in www.letterofcredit.com and also …