LC Discounting, or Letter of Credit Bill Discounting, serves as a beneficial financial tool for both parties involved in a transaction. For buyers, it allows for an extended credit period, improving cash flow as they can delay payment until the goods are received and sold. Sellers, on the other hand, can secure payment swiftly once the goods are shipped and requisite documents are presented to the bank, accelerating their cash cycle and facilitating continuous business operations. Essentially, LC Discounting helps ensure a smooth and efficient trade transaction for both buyers and sellers.