open letter of credit

简明释义

无特殊条件的信用证

英英释义

例句

1.The exporter received an open letter of credit from the bank, ensuring payment for the goods shipped.

出口商从银行收到了一个开放信用证，确保所运送货物的付款。

2.The buyer's bank issued an open letter of credit to facilitate international trade.

买方的银行发行了一个开放信用证以促进国际贸易。

3.To finalize the deal, the company had to present an open letter of credit to the seller.

为了完成交易，公司必须向卖方出示一个开放信用证。

4.Before shipping the products, the supplier requested an open letter of credit to secure the transaction.

在发货之前，供应商要求提供一个开放信用证以确保交易安全。

5.An open letter of credit can help reduce the risk of non-payment in international transactions.

一个开放信用证可以帮助减少国际交易中不付款的风险。

作文

In the world of international trade, various financial instruments are used to facilitate transactions between buyers and sellers. One such instrument is an open letter of credit, which plays a crucial role in ensuring that payments are made securely and efficiently. An open letter of credit (信用证) is essentially a guarantee from a bank that a buyer's payment will be received on time and for the correct amount. This type of credit is particularly important when dealing with unfamiliar partners or when the transaction involves a significant amount of money.When a buyer wants to purchase goods from a seller in another country, they may not have a prior relationship with the seller. This lack of trust can create hesitation on both sides. The seller may worry about whether they will be paid, while the buyer may be concerned about whether the goods will be delivered as promised. To alleviate these concerns, the buyer can request an open letter of credit. This document assures the seller that they will receive payment once they fulfill their part of the agreement by shipping the goods.The process begins when the buyer applies for an open letter of credit through their bank. The bank will review the buyer's financial standing and, if approved, issue the letter of credit. This letter is then sent to the seller's bank, which will notify the seller that they have received a guarantee of payment. Once the seller ships the goods and provides the necessary documentation, such as a bill of lading and an invoice, the seller's bank will forward these documents to the buyer's bank. Upon verifying the documents, the buyer's bank will release the payment to the seller's bank, completing the transaction.One of the key advantages of using an open letter of credit is that it reduces the risk for both parties involved in the transaction. The seller can ship goods with confidence, knowing that payment is guaranteed, while the buyer can ensure that they will only pay for goods that meet the agreed-upon specifications. This mutual assurance fosters trust and encourages more businesses to engage in international trade.However, it is essential to understand that an open letter of credit is not without its complexities. There are various types of letters of credit, including revocable and irrevocable letters, each with different implications for the parties involved. Additionally, the costs associated with obtaining and processing an open letter of credit can be significant, which may deter smaller businesses from utilizing this financial tool.In conclusion, an open letter of credit is an invaluable instrument in the realm of international commerce. It provides a safety net for both buyers and sellers, facilitating smoother transactions across borders. As global trade continues to grow, understanding and effectively utilizing an open letter of credit will remain essential for businesses seeking to expand their reach and mitigate risks in an increasingly interconnected world.

在国际贸易的世界中，各种金融工具被用来促进买卖双方之间的交易。其中一种工具是开放信用证，它在确保支付安全和高效方面发挥着至关重要的作用。开放信用证（信用证）本质上是银行对买方的支付将按时且金额正确的保证。这种类型的信用在与不熟悉的合作伙伴交易或交易金额较大时尤为重要。当买方想要从另一国的卖方购买商品时，他们可能与卖方没有先前的关系。这种缺乏信任可能会在双方之间产生犹豫。卖方可能担心自己是否会得到付款，而买方可能担心商品是否会按照承诺交付。为了缓解这些担忧，买方可以申请开放信用证。该文件向卖方保证，一旦他们通过发货履行协议的部分，就会收到付款。这一过程始于买方通过其银行申请开放信用证。银行将审核买方的财务状况，如果批准，将发出信用证。然后，这封信用证将发送到卖方的银行，卖方的银行将通知卖方，他们已收到付款的保证。一旦卖方发货并提供必要的文件，如提单和发票，卖方的银行将把这些文件转发给买方的银行。在核实文件后，买方的银行将向卖方的银行释放付款，完成交易。使用开放信用证的一个主要优势是它减少了交易双方的风险。卖方可以自信地发货，因为付款是有保障的，而买方可以确保他们只为符合约定规格的商品付款。这种相互保证促进了信任，并鼓励更多企业参与国际贸易。然而，必须理解的是，开放信用证并非没有复杂性。信用证有多种类型，包括可撤销和不可撤销信用证，每种类型对相关方都有不同的影响。此外，获得和处理开放信用证的成本可能相当高，这可能会阻止小型企业使用这一金融工具。总之，开放信用证是在国际商业领域中不可或缺的工具。它为买卖双方提供了安全网，促进了跨境交易的顺利进行。随着全球贸易的不断增长，理解和有效利用开放信用证将对寻求扩大影响力并在日益互联的世界中降低风险的企业至关重要。