commercial documentary letter of credit

简明释义

商业跟单信用证

英英释义

例句

1.The bank issued a commercial documentary letter of credit after confirming the buyer's creditworthiness.

在确认买方的信用状况后，银行签发了商业信用证。

2.The exporter received a commercial documentary letter of credit from the buyer's bank to ensure payment for the goods shipped.

出口商收到了买方银行发出的商业信用证以确保货物运输的付款。

3.Before shipping the products, the seller verified the terms of the commercial documentary letter of credit to avoid any discrepancies.

在发货之前，卖方核实了商业信用证的条款，以避免任何差异。

4.To facilitate the transaction, the buyer requested a commercial documentary letter of credit from their financial institution.

为了促进交易，买方向其金融机构申请了商业信用证。

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

使用商业信用证可以大大降低国际贸易中未付款的风险。

作文

In the world of international trade, ensuring secure and reliable transactions is paramount. One of the key financial instruments that facilitate such transactions is the commercial documentary letter of credit. This instrument serves as a guarantee from a bank on behalf of the buyer to pay the seller a specified amount, provided that the seller meets certain conditions outlined in the letter of credit. The commercial documentary letter of credit is particularly important in mitigating risks associated with cross-border transactions, where trust between parties may be limited due to geographical and cultural differences.The process begins when a buyer and seller agree on the terms of a sale, including the price and delivery conditions. To initiate the transaction, the buyer applies for a commercial documentary letter of credit from their bank. This application includes details about the transaction, such as the amount to be financed, the required documentation, and the timeline for payment. Once the bank approves the application, it issues the letter of credit, which is then sent to the seller’s bank.Upon receiving the commercial documentary letter of credit, the seller can be assured that they will receive payment as long as they comply with the terms set forth in the document. These terms typically include providing specific shipping documents, such as a bill of lading, invoice, and insurance certificates, which prove that the goods have been shipped as agreed. The seller must present these documents to their bank, which will then forward them to the buyer's bank for verification.One of the major advantages of using a commercial documentary letter of credit is that it provides a level of security for both parties involved in the transaction. The seller is protected because they know they will be paid as long as they fulfill the conditions of the letter of credit. On the other hand, the buyer is protected because payment is only made after the seller has provided the required documentation, ensuring that the goods are shipped as promised.However, it is essential to note that the commercial documentary letter of credit is not without its challenges. The process can be complex and may require a thorough understanding of banking practices and international trade regulations. Additionally, any discrepancies in the documentation can lead to delays or even cancellation of payment, which can negatively impact the transaction.In conclusion, the commercial documentary letter of credit plays a crucial role in facilitating international trade by providing security and assurance to both buyers and sellers. It acts as a vital tool for managing risks associated with cross-border transactions, allowing businesses to engage in global trade with greater confidence. As the world becomes increasingly interconnected, understanding and utilizing financial instruments like the commercial documentary letter of credit will be essential for companies looking to expand their reach and succeed in the global marketplace.

在国际贸易的世界中，确保安全可靠的交易至关重要。促进此类交易的关键金融工具之一是商业跟单信用证。这一工具作为买方银行代表买方向卖方支付特定金额的担保，前提是卖方满足信用证中列出的某些条件。商业跟单信用证在降低跨境交易相关风险方面尤其重要，因为由于地理和文化差异，交易双方之间的信任可能有限。这一过程始于买卖双方就销售条款达成一致，包括价格和交付条件。为了启动交易，买方向其银行申请商业跟单信用证。该申请包括有关交易的详细信息，例如融资金额、所需文件和付款时间表。一旦银行批准申请，它将签发信用证，然后将其发送给卖方的银行。在收到商业跟单信用证后，卖方可以放心，只要他们遵守文档中规定的条款，就会收到付款。这些条款通常包括提供特定的运输文件，例如提单、发票和保险凭证，以证明货物已按约定装运。卖方必须将这些文件提交给他们的银行，银行随后将其转发给买方的银行进行验证。使用商业跟单信用证的主要优势之一是为交易双方提供了一定程度的安全保障。卖方受到保护，因为他们知道只要履行信用证的条件，就会获得付款。另一方面，买方也受到保护，因为只有在卖方提供所需文件后才会进行付款，从而确保货物按承诺发运。然而，值得注意的是，商业跟单信用证并非没有挑战。该过程可能复杂，并可能需要对银行业务和国际贸易法规有透彻的理解。此外，任何文件中的差异都可能导致延误甚至付款取消，这可能对交易产生负面影响。总之，商业跟单信用证在促进国际贸易中发挥着至关重要的作用，向买卖双方提供安全性和保证。它作为管理跨境交易相关风险的重要工具，使企业能够以更大的信心参与全球贸易。随着世界日益互联，理解和利用像商业跟单信用证这样的金融工具对于希望扩大影响力并在全球市场取得成功的公司来说将是必不可少的。