5. useful expressions a(1) Our terms of payment are by confirmed irrevocable letter of credit in our favor available by draft at sight, reaching us one month ahead of shipment, remaining valid for negotiation in China for another 21 days after the prescribed time of shipment, and allowing transshipment and partial shipments (2) In view of the small amount of this transaction, we are prepared to accept payment by D/p at sight(or at 30 days' sight) for the value of the goods shipped5. useful expressions ◼ (1) Our terms of payment are by confirmed, irrevocable letter of credit in our favor, available by draft at sight, reaching us one month ahead of shipment, remaining valid for negotiation in China for another 21 days after the prescribed time of shipment, and allowing transshipment and partial shipments. ◼ (2) In view of the small amount of this transaction, we are prepared to accept payment by D/P at sight (or at 30 days’ sight) for the value of the goods shipped