without recourse letter of credit

简明释义

无追索权的信用证

英英释义

例句

1.In the event of a dispute, the without recourse letter of credit protects the seller from having to repay the bank.

在发生争议时，无追索权信用证保护卖方免于向银行偿还款项。

2.Using a without recourse letter of credit can reduce the financial risk for suppliers in international trade.

在国际贸易中使用无追索权信用证可以降低供应商的财务风险。

3.The bank issued a without recourse letter of credit to facilitate the transaction between the two companies.

银行为促进两家公司之间的交易而签发了无追索权信用证。

4.By opting for a without recourse letter of credit, the seller ensured that they would not be responsible for any future claims.

通过选择无追索权信用证，卖方确保他们不会对任何未来的索赔负责。

5.The exporter received a payment through a without recourse letter of credit, which means they cannot be held liable if the buyer defaults.

出口商通过无追索权信用证收到了付款，这意味着如果买方违约，他们将不承担责任。

作文

In the world of international trade and finance, various instruments are used to facilitate transactions between buyers and sellers. One such instrument is a letter of credit, which acts as a guarantee from a bank on behalf of the buyer that payment will be made to the seller upon fulfillment of certain conditions. Among the different types of letters of credit, the without recourse letter of credit stands out for its unique characteristics. This type of letter of credit offers a significant advantage to sellers, as it minimizes their risk in transactions. When a seller receives a without recourse letter of credit, they can confidently ship the goods knowing that they will receive payment, regardless of whether the buyer defaults on their obligation.The term 'without recourse' implies that the seller cannot seek compensation from the bank if the buyer fails to pay. This means that once the seller presents the necessary documents to the bank and receives payment, their responsibility in the transaction ends. This is particularly beneficial in high-risk markets where buyers may have questionable creditworthiness. By using a without recourse letter of credit, sellers can protect themselves against potential losses while still engaging in trade with these buyers.However, it is essential to understand the implications of a without recourse letter of credit. Sellers must ensure that they comply with all the terms and conditions stipulated in the letter of credit to avoid any issues when presenting documents to the bank. Additionally, banks typically charge higher fees for this type of letter of credit due to the increased risk they assume. Therefore, sellers need to weigh the benefits against the costs when deciding to use a without recourse letter of credit.Furthermore, the without recourse letter of credit can also enhance the seller's negotiating power. Knowing that they have a secure payment method can encourage sellers to offer more favorable terms to buyers, such as lower prices or better delivery conditions. This can lead to stronger business relationships and potentially more significant sales volumes over time.In conclusion, the without recourse letter of credit is a valuable tool in international trade, providing sellers with a sense of security and reducing their financial risks. While it comes with its own set of challenges, the advantages often outweigh the drawbacks, making it an appealing option for many businesses. As global commerce continues to expand, understanding and utilizing instruments like the without recourse letter of credit will be crucial for companies aiming to thrive in competitive markets.

在国际贸易和金融的世界中，使用各种工具来促进买卖双方之间的交易。其中一种工具是信用证，它代表买方向银行提供的担保，确保在满足特定条件时将款项支付给卖方。在不同类型的信用证中，无追索权信用证因其独特的特性而脱颖而出。这种类型的信用证为卖方提供了显著的优势，因为它最小化了他们在交易中的风险。当卖方收到无追索权信用证时，他们可以自信地发货，因为无论买方是否违约，他们都将获得付款。“无追索权”一词意味着如果买方未能付款，卖方不能向银行索赔。这意味着，一旦卖方向银行提交必要的文件并收到付款，他们在交易中的责任就结束了。这在高风险市场中尤其有利，因为买方的信用worthiness可能存在问题。通过使用无追索权信用证，卖方可以保护自己免受潜在损失，同时仍然与这些买方进行交易。然而，了解无追索权信用证的含义至关重要。卖方必须确保遵守信用证中规定的所有条款和条件，以避免在向银行提交文件时出现任何问题。此外，由于银行承担的风险增加，因此通常对这种类型的信用证收取更高的费用。因此，卖方在决定使用无追索权信用证时需要权衡好处和成本。此外，无追索权信用证还可以增强卖方的谈判能力。知道他们拥有安全的付款方式可以鼓励卖方向买方提供更有利的条款，例如更低的价格或更好的交付条件。这可能导致更强的商业关系，并可能随着时间的推移而增加销售量。总之，无追索权信用证是在国际贸易中一种宝贵的工具，为卖方提供了安全感并降低了他们的财务风险。虽然它有其自身的一系列挑战，但优势往往超过缺点，使其成为许多企业的一个吸引人的选择。随着全球商业的不断扩展，理解和利用像无追索权信用证这样的工具对于希望在竞争激烈的市场中蓬勃发展的公司至关重要。