What is a non-draft credit? How many types can it be classified into?
【正确答案】：There is a modern tendency for payment to be made by presentation of the documents without the formality of drawing and presenting a draft. Such credits are non-draft credit. They mainly include payment credit and deferred payment credit which are respectively similar to sight credit and usance credit with the difference that no draft is drawn and presented in the case of non-draft credit.
【题目解析】：该题目素材选自L12。无须开立、出示汇票手续，只需提示单据便可付款。这种信用证是无汇票信用证。主要有付款信用证和延期信用证，这两种信用证分别同即期信用证和远期信用证相类似。所不同的是，在无票信用证情况下，不开立汇票也不提示汇票。
