delivery against letter of credit
简明释义
凭信用证交货
英英释义
例句
1.Before shipping, make sure to arrange for delivery against letter of credit with your buyer.
在发货之前,请确保与买方安排好信用证交货。
2.In international trade, it is common to secure delivery against letter of credit to ensure payment.
在国际贸易中,通常通过信用证交货来确保付款。
3.Our company prefers delivery against letter of credit to minimize the risk of non-payment.
我们公司更喜欢通过信用证交货来降低不付款的风险。
4.The bank issued a delivery against letter of credit to facilitate the transaction.
银行开立了一个信用证交货以促进交易。
5.The supplier agreed to make a delivery against letter of credit for the shipment of goods.
供应商同意根据信用证进行交货以发货。
作文
In international trade, the phrase delivery against letter of credit plays a crucial role in ensuring that transactions are conducted smoothly and securely. A letter of credit is a financial document issued by a bank or financial institution that guarantees payment to a seller on behalf of a buyer, provided that the seller meets certain conditions outlined in the letter. This mechanism serves as a safety net for both parties involved in the transaction, reducing the risk of default and providing assurance that payment will be made upon delivery of goods.When a buyer and seller agree to conduct business, they often face the challenge of trust, especially when dealing with parties from different countries. The buyer wants to ensure that the seller will deliver the goods as promised, while the seller wants to be assured that they will receive payment for their products. This is where the concept of delivery against letter of credit comes into play. It establishes a framework that allows for a secure exchange of goods and payment.The process typically begins when the buyer applies for a letter of credit from their bank. Once the bank issues the letter, it is sent to the seller’s bank, which acts as an intermediary. The seller can then proceed with the production and shipment of the goods, knowing that they will receive payment once they fulfill the terms specified in the letter of credit. These terms may include providing shipping documents, such as a bill of lading, and meeting quality standards.Once the goods are shipped, the seller presents the required documents to their bank. The bank verifies that all conditions have been met and forwards the documents to the buyer's bank. Upon receiving the documents, the buyer's bank processes the payment, thus completing the delivery against letter of credit transaction. This system not only protects the interests of both parties but also enhances the overall efficiency of international trade.Moreover, the use of letters of credit can help facilitate trade relationships between countries with different legal systems and regulations. For instance, if a seller is located in a country with less stable economic conditions, the buyer may feel hesitant to engage in a transaction without the security of a letter of credit. By using this financial instrument, both parties can mitigate risks associated with currency fluctuations, political instability, and other uncertainties that may arise in international commerce.Despite its advantages, there are some challenges associated with delivery against letter of credit. For example, the process can be time-consuming and may involve various fees charged by banks for issuing and processing the letter of credit. Additionally, if the seller fails to meet the conditions outlined in the letter, they may not receive payment, even if the goods have been delivered. Therefore, it is essential for both buyers and sellers to fully understand the terms and conditions of the letter of credit before proceeding with the transaction.In conclusion, the concept of delivery against letter of credit is a fundamental aspect of international trade that provides a secure method for conducting transactions. It builds trust between buyers and sellers, reduces risks, and facilitates smoother trade relations across borders. As global commerce continues to expand, understanding and utilizing letters of credit will remain vital for businesses looking to thrive in an increasingly interconnected world.
在国际贸易中,短语以信用证交货在确保交易顺利和安全地进行方面发挥着至关重要的作用。信用证是由银行或金融机构签发的金融文件,保证在买方满足信用证中列出的特定条件的情况下,向卖方付款。这种机制为交易双方提供了安全保障,降低了违约风险,并确保在货物交付时会进行付款。当买卖双方达成商业协议时,他们通常面临信任的挑战,特别是在与来自不同国家的交易方打交道时。买方希望确保卖方按承诺交付货物,而卖方则希望确保他们会收到产品的付款。这就是以信用证交货概念发挥作用的地方。它建立了一个框架,允许安全地交换货物和付款。这一过程通常始于买方向其银行申请信用证。一旦银行签发了信用证,它将被发送到卖方的银行,后者充当中介。卖方可以在生产和运输货物之前知道,只要满足信用证中规定的条款,就会收到付款。这些条款可能包括提供运输单据,如提单,并符合质量标准。货物发运后,卖方将所需的文件提交给其银行。银行核实所有条件已满足,然后将文件转发给买方的银行。在收到文件后,买方的银行处理付款,从而完成以信用证交货交易。该系统不仅保护了双方的利益,还提高了国际贸易的整体效率。此外,使用信用证可以帮助促进不同法律体系和法规国家之间的贸易关系。例如,如果卖方位于经济条件不太稳定的国家,买方可能会在没有信用证的安全保障下感到犹豫。通过使用这一金融工具,双方可以减轻与货币波动、政治不稳定以及国际商业中可能出现的其他不确定性相关的风险。尽管有其优势,但与以信用证交货相关的一些挑战仍然存在。例如,该过程可能耗时,并且可能涉及银行对信用证的签发和处理收取各种费用。此外,如果卖方未能满足信用证中列出的条件,即使货物已经交付,他们也可能无法获得付款。因此,买卖双方在进行交易之前,充分理解信用证的条款和条件至关重要。总之,以信用证交货的概念是国际贸易的一个基本方面,为进行交易提供了一种安全的方法。它在买卖双方之间建立了信任,降低了风险,促进了跨境贸易关系的顺畅。随着全球商业的不断扩展,理解和利用信用证将继续对希望在日益互联的世界中蓬勃发展的企业至关重要。
相关单词