irrevocable documentary letter of credit

简明释义

不可撤销跟单信用证

英英释义

例句

1.Before shipping the goods, the seller verified the terms of the irrevocable documentary letter of credit to avoid any discrepancies.

在发货之前，卖方核实了不可撤销信用证的条款，以避免任何差异。

2.Using an irrevocable documentary letter of credit minimizes the risk of non-payment in cross-border transactions.

使用不可撤销信用证可以减少跨境交易中的不付款风险。

3.The exporter received an irrevocable documentary letter of credit from the importer, ensuring payment upon shipment.

出口商收到了来自进口商的不可撤销信用证，确保在发货时付款。

4.The bank issued an irrevocable documentary letter of credit that specified all the necessary documents required for payment.

银行签发了一份不可撤销信用证，其中规定了付款所需的所有必要文件。

5.An irrevocable documentary letter of credit can provide security for both the buyer and the seller in international trade.

在国际贸易中，不可撤销信用证可以为买卖双方提供安全保障。

作文

In the world of international trade, financial instruments play a crucial role in ensuring that transactions are conducted smoothly and securely. One such instrument is the irrevocable documentary letter of credit, which has become an essential tool for businesses engaging in cross-border transactions. Understanding this financial mechanism can significantly enhance one’s ability to navigate the complexities of global trade.A irrevocable documentary letter of credit is essentially a promise made by a bank on behalf of a buyer, guaranteeing payment to a seller upon the presentation of specific documents that prove the shipment of goods. This type of letter of credit is termed 'irrevocable' because it cannot be altered or canceled without the consent of all parties involved, including the buyer, seller, and the issuing bank. This characteristic provides security to both the buyer and the seller, as it minimizes the risk of non-payment or disputes arising after the shipment has been made.The process begins when the buyer applies for a irrevocable documentary letter of credit from their bank, known as the issuing bank. The buyer must provide detailed information about the transaction, including the amount, the terms of sale, and the required documents that the seller must present to receive payment. Once the issuing bank approves the application, it issues the letter of credit and sends it to the seller's bank, known as the advising bank.Upon receiving the irrevocable documentary letter of credit, the seller can confidently proceed with the shipment of goods, knowing that payment is guaranteed. The seller must then prepare the necessary documents, which typically include a bill of lading, commercial invoice, and packing list, among others. These documents serve as proof that the seller has fulfilled their obligations under the sales contract.Once the goods are shipped, the seller presents the required documents to their bank, which forwards them to the issuing bank for verification. If the documents comply with the terms specified in the irrevocable documentary letter of credit, the issuing bank will release the payment to the seller. This process not only protects the seller but also assures the buyer that payment will only be made if the seller meets the agreed-upon conditions.The use of an irrevocable documentary letter of credit can significantly reduce the risks associated with international trade. For sellers, it provides assurance that they will receive payment as long as they comply with the terms set out in the letter of credit. For buyers, it ensures that payment will only be made upon the successful delivery of goods, thus protecting their interests. Additionally, banks play a pivotal role in this process, acting as intermediaries that facilitate trust between buyers and sellers.In conclusion, the irrevocable documentary letter of credit is a vital instrument in international trade that enhances security and trust in transactions. By understanding its function and benefits, businesses can better navigate the complexities of global commerce. As international trade continues to grow, the importance of such financial instruments will only increase, making it imperative for companies to familiarize themselves with these tools to ensure successful transactions in the global marketplace.

在国际贸易的世界中，金融工具在确保交易顺利和安全进行方面发挥着至关重要的作用。其中一种工具是不可撤销的信用证，它已经成为参与跨境交易的企业的重要工具。理解这一金融机制可以显著增强人们应对全球贸易复杂性的能力。不可撤销的信用证本质上是买方代表其银行发出的承诺，保证在卖方提交证明货物装运的特定文件后向其付款。这种类型的信用证被称为“不可撤销”，因为在不经所有相关方（包括买方、卖方和开证银行）同意的情况下，它不能被更改或取消。这一特性为买卖双方提供了安全保障，因为它最大限度地减少了在装运后发生未付款或争议的风险。这一过程始于买方向其银行申请不可撤销的信用证，即开证行。买方必须提供有关交易的详细信息，包括金额、销售条款以及卖方必须提交以获得付款的所需文件。一旦开证行批准申请，它就会签发信用证并将其发送给卖方的银行，即通知行。在收到不可撤销的信用证后，卖方可以自信地进行货物装运，因为他们知道付款是有保障的。然后，卖方必须准备必要的文件，通常包括提单、商业发票和装箱单等。这些文件作为卖方已履行销售合同义务的证明。一旦货物发运，卖方会将所需的文件提交给其银行，后者会将这些文件转交给开证行进行核实。如果文件符合不可撤销的信用证中规定的条款，开证行将向卖方支付款项。这个过程不仅保护了卖方，还确保买方只有在卖方满足约定条件时才会付款。使用不可撤销的信用证可以显著降低与国际贸易相关的风险。对于卖方而言，它提供了保证，只要卖方遵守信用证中的条款，他们就会收到付款。对于买方而言，它确保只有在成功交付货物后才会付款，从而保护他们的利益。此外，银行在这一过程中发挥着关键作用，充当买卖双方之间建立信任的中介。总之，不可撤销的信用证是国际贸易中一种重要的工具，增强了交易的安全性和信任。通过理解其功能和好处，企业可以更好地应对全球商业的复杂性。随着国际贸易的持续增长，这类金融工具的重要性只会增加，因此企业必须熟悉这些工具，以确保在全球市场中成功交易。