documentary credit

简明释义

单据信用证

英英释义

例句

1.The bank issued a documentary credit to facilitate the transaction between the buyer and the seller.

银行为买卖双方发出了信用证以促进交易。

2.The exporter received a payment through a documentary credit, ensuring that the shipment would be paid for upon presentation of the required documents.

出口商通过信用证收到了付款，确保在提交所需文件后会支付货物。

3.Before shipping the goods, the seller must ensure that the documentary credit is confirmed by a reputable bank.

在发货之前，卖方必须确保信用证已被一家信誉良好的银行确认。

4.The terms of the documentary credit specified that the documents must be presented within 30 days of shipment.

该信用证的条款规定，文件必须在发货后的30天内提交。

5.Using a documentary credit can significantly reduce the risk of non-payment in international trade.

使用信用证可以显著降低国际贸易中不付款的风险。

作文

In the world of international trade, various financial instruments are utilized to facilitate transactions between buyers and sellers across borders. One of the most significant instruments in this context is the documentary credit, which plays a crucial role in ensuring that both parties fulfill their obligations. A documentary credit is essentially a written commitment by a bank on behalf of a buyer to pay a seller a specified amount, provided that the seller presents certain documents that comply with the terms outlined in the credit. This financial tool not only provides security for both parties but also reduces the risk of non-payment and fraud.The process of using a documentary credit begins when a buyer and seller agree on a transaction. The buyer applies for a documentary credit from their bank, which is known as the issuing bank. This bank then issues the credit and sends it to the seller's bank, referred to as the advising bank. The advising bank informs the seller about the credit and its terms. Once the seller ships the goods, they must present the required documents, such as the bill of lading, invoice, and insurance certificate, to the advising bank. The advising bank reviews these documents to ensure they meet the conditions set forth in the documentary credit.If everything is in order, the advising bank forwards the documents to the issuing bank for payment. Upon verification of the documents, the issuing bank releases the payment to the advising bank, which then pays the seller. This entire process provides a layer of protection for both the buyer and the seller. The buyer can be assured that the payment will only occur if the seller complies with the agreed terms, while the seller can trust that they will receive payment once they fulfill their part of the agreement.However, there are several types of documentary credits, including revocable, irrevocable, confirmed, and unconfirmed credits. An irrevocable documentary credit cannot be altered or canceled without the consent of all parties involved, providing greater security for the seller. In contrast, a revocable documentary credit can be changed or canceled by the buyer at any time before payment is made, which poses a higher risk for the seller. Confirmed documentary credits involve a second bank guaranteeing the payment, adding an additional layer of security.The use of documentary credits is especially beneficial in international trade, where differences in legal systems, languages, and business practices can create uncertainties. By relying on a bank’s expertise and credibility, both buyers and sellers can navigate these complexities with greater confidence. Moreover, banks often have established relationships with various parties involved in international trade, which can facilitate smoother transactions.In conclusion, the documentary credit is an essential financial instrument that fosters trust and security in international trade. By understanding its mechanics and various types, businesses can effectively manage risks associated with cross-border transactions. The role of banks in this process cannot be overstated, as they provide the necessary assurance that both parties will meet their contractual obligations. As global trade continues to expand, the importance of documentary credits will only grow, making it imperative for businesses to familiarize themselves with this vital tool.

在国际贸易的世界中，各种金融工具被用来促进买卖双方跨境交易。在这种情况下，最重要的工具之一是信用证，它在确保双方履行义务方面发挥着至关重要的作用。信用证本质上是买方通过银行向卖方支付特定金额的书面承诺，前提是卖方出具符合信用证条款的某些文件。这种金融工具不仅为双方提供了安全保障，还降低了未付款和欺诈的风险。使用信用证的过程始于买卖双方达成交易协议。买方向其银行申请信用证，该银行称为开证行。然后，这家银行签发信用证并将其发送给卖方的银行，即通知行。通知行通知卖方有关信用证及其条款。一旦卖方发运货物，他们必须向通知行出示所需的文件，例如提单、发票和保险单。通知行审核这些文件，以确保它们符合信用证中的条件。如果一切正常，通知行将文件转发给开证行以进行付款。在核实文件后，开证行向通知行支付款项，随后通知行支付给卖方。整个过程为买卖双方提供了一层保护。买方可以放心，只有在卖方遵守商定条款的情况下才会发生付款，而卖方则可以信任，一旦他们履行协议的部分，就会收到付款。然而，信用证有几种类型，包括可撤销、不可撤销、保兑和非保兑信用证。不可撤销信用证在所有相关方同意之前无法更改或取消，为卖方提供更大的安全性。相比之下，可撤销信用证可以在付款前由买方随时更改或取消，这对卖方构成更高的风险。保兑信用证涉及第二家银行担保付款，增加了额外的安全性。在国际贸易中，使用信用证尤其有利，因为法律体系、语言和商业惯例的差异可能会造成不确定性。通过依赖银行的专业知识和信誉，买卖双方可以更有信心地应对这些复杂性。此外，银行通常与国际贸易中涉及的各方建立了良好的关系，这可以促进更顺利的交易。总之，信用证是促进国际贸易中信任和安全的重要金融工具。通过了解其机制和各种类型，企业可以有效管理与跨境交易相关的风险。银行在这一过程中所扮演的角色不可低估，因为它们提供了必要的保证，确保双方将履行合同义务。随着全球贸易的持续扩展，信用证的重要性只会增加，因此企业熟悉这一重要工具显得尤为重要。