revocable letter of credit

简明释义

可撤销信用证

英英释义

例句

1.In this transaction, the buyer issued a revocable letter of credit to ensure flexibility in payment.

在这笔交易中，买方开具了一份可撤销信用证以确保支付的灵活性。

2.The agreement specified that payments would be made through a revocable letter of credit to accommodate potential changes.

协议规定，付款将通过可撤销信用证进行，以适应潜在的变更。

3.Due to the risk involved, many sellers are hesitant to accept a revocable letter of credit.

由于涉及的风险，许多卖家对接受可撤销信用证持谨慎态度。

4.The bank informed the seller that the revocable letter of credit could be revoked at any time before shipment.

银行通知卖方，在发货前，可撤销信用证可以随时被撤销。

5.The exporter preferred to use a revocable letter of credit because it allowed for changes in the terms before shipment.

出口商更愿意使用可撤销信用证，因为它允许在发货前更改条款。

作文

In international trade, the term revocable letter of credit refers to a financial instrument that provides a guarantee from a bank for payment to a seller. This type of letter of credit can be altered or canceled by the buyer or issuing bank at any time before payment is made to the seller. The flexibility of a revocable letter of credit makes it an appealing option for buyers who may need to adjust terms based on changing circumstances. However, this characteristic also introduces a level of risk for sellers, as they may not receive the payment if the letter is revoked. When engaging in international transactions, sellers often prefer irrevocable letters of credit, as these provide a more secure assurance of payment. An irrevocable letter of credit cannot be changed or canceled without the agreement of all parties involved. Thus, while a revocable letter of credit offers flexibility for the buyer, it does not provide the same level of security for the seller. The use of a revocable letter of credit can be beneficial in scenarios where the buyer's financial situation is uncertain, or when there is a strong relationship between the buyer and seller that allows for trust. For instance, if a buyer anticipates fluctuations in market prices or potential changes in their ability to pay, they may choose to utilize a revocable letter of credit. This allows them to maintain control over their financial commitments until the last moment. However, sellers must weigh the risks associated with accepting a revocable letter of credit. If a buyer revokes the letter after the goods have been shipped, the seller may find themselves in a precarious position. They could incur losses related to shipping costs, storage fees, and potential damage to their reputation. Sellers are advised to conduct thorough due diligence on buyers and consider the implications of accepting such a letter of credit before proceeding with the transaction. In conclusion, while a revocable letter of credit offers certain advantages in terms of flexibility for the buyer, it also poses significant risks for the seller. It is crucial for both parties to understand the implications of this financial instrument and to negotiate terms that protect their interests. As with any financial agreement, clear communication and mutual understanding are key to ensuring a successful transaction in international trade. Ultimately, the choice between a revocable and an irrevocable letter of credit will depend on the specific circumstances of the transaction and the level of trust between the parties involved. Understanding the nature of a revocable letter of credit can help both buyers and sellers navigate the complexities of international trade with greater confidence.

在国际贸易中，术语可撤销信用证指的是银行为卖方提供的付款担保的金融工具。这种类型的信用证可以在卖方收到付款之前，随时由买方或开证银行进行更改或取消。可撤销信用证的灵活性使其成为买方的一个吸引人的选择，因为他们可能需要根据不断变化的情况调整条款。然而，这一特性也给卖方带来了风险，因为如果信用证被撤销，他们可能无法收到付款。在参与国际交易时，卖方通常更倾向于不可撤销信用证，因为这些信用证提供了更安全的付款保证。不可撤销信用证在没有所有相关方同意的情况下无法更改或取消。因此，尽管可撤销信用证为买方提供了灵活性，但并未为卖方提供同样的安全保障。在买方的财务状况不确定，或者买卖双方之间存在强大信任关系的情况下，使用可撤销信用证可能是有益的。例如，如果买方预期市场价格波动或潜在的支付能力变化，他们可能会选择使用可撤销信用证。这使他们能够在最后时刻保持对财务承诺的控制。然而，卖方必须权衡接受可撤销信用证所带来的风险。如果买方在货物发运后撤销信用证，卖方可能会发现自己处于尴尬的境地。他们可能会遭受与运输成本、仓储费用以及对声誉造成潜在损害相关的损失。卖方建议对买方进行彻底的尽职调查，并在进行交易之前考虑接受此类信用证的影响。总之，尽管可撤销信用证在买方灵活性方面提供了一定的优势，但它也给卖方带来了重大风险。双方理解这一金融工具的影响并协商保护自身利益的条款至关重要。与任何金融协议一样，清晰的沟通和相互理解是确保国际贸易成功交易的关键。最终，选择可撤销信用证还是不可撤销信用证将取决于交易的具体情况以及双方之间的信任程度。了解可撤销信用证的性质可以帮助买卖双方更自信地应对国际贸易的复杂性。