commercial letter of credit

简明释义

商业信用证

英英释义

例句

1.The exporter received a commercial letter of credit 商业信用证 from the importer to ensure payment.

出口商从进口商那里收到了一个商业信用证以确保付款。

2.A commercial letter of credit 商业信用证 can help mitigate risks in international trade.

在国际贸易中，商业信用证可以帮助降低风险。

3.The buyer applied for a commercial letter of credit 商业信用证 to facilitate the transaction.

买方申请了一份商业信用证以便于交易。

4.Banks often charge a fee to issue a commercial letter of credit 商业信用证.

银行通常会收取费用来开立商业信用证。

5.Before shipping the goods, the seller verified the commercial letter of credit 商业信用证 with their bank.

在发货之前，卖家通过他们的银行确认了商业信用证。

作文

In the world of international trade, various financial instruments facilitate transactions between buyers and sellers. One such instrument is the commercial letter of credit, which plays a crucial role in ensuring that both parties fulfill their obligations. A commercial letter of credit is a 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 specified in the letter. This financial tool is particularly important in cross-border transactions where trust and security are paramount.The primary purpose of a commercial letter of credit is to mitigate the risk involved in international trade. When a buyer and seller engage in a transaction, they often do not know each other well, which can lead to concerns about payment and delivery. By utilizing a commercial letter of credit, the buyer can reassure the seller that they will receive payment as long as they comply with the terms outlined in the letter. This arrangement reduces the seller's risk and encourages them to proceed with the transaction.There are several types of commercial letters of credit, including revocable and irrevocable letters of credit. A revocable letter can be altered or canceled by the buyer or the issuing bank at any time before payment is made. In contrast, an irrevocable letter of credit cannot be changed or canceled without the consent of all parties involved. Most businesses prefer using an irrevocable commercial letter of credit because it provides greater security and assurance that the terms will be honored.Another significant aspect of a commercial letter of credit is its role in facilitating financing. Sellers can use the letter as collateral to obtain loans from banks, allowing them to maintain cash flow while waiting for payment from the buyer. This feature is particularly beneficial for small and medium-sized enterprises (SMEs) that may struggle with liquidity issues.The process of obtaining a commercial letter of credit typically involves several steps. First, the buyer applies for the letter through their bank, providing details about the transaction, including the amount, terms, and the seller's information. The bank then assesses the buyer's creditworthiness before issuing the letter. Once the letter is issued, it is sent to the seller's bank, which informs the seller of the arrangement. Upon shipment of goods, the seller must present the necessary documents to their bank to receive payment.In conclusion, the commercial letter of credit is an essential financial instrument in international trade. It provides security and trust between buyers and sellers, facilitating smoother transactions. By understanding how a commercial letter of credit works and its benefits, businesses can navigate the complexities of global commerce more effectively. As international trade continues to grow, the importance of this financial tool will only increase, making it vital for companies engaged in cross-border transactions to familiarize themselves with its workings and advantages.

在国际贸易的世界中，各种金融工具促进买卖双方之间的交易。其中一种工具是商业信用证，它在确保双方履行义务方面发挥着至关重要的作用。商业信用证是由银行或金融机构签发的文件，它保证在卖方满足信用证中规定的某些条件的情况下，向卖方付款。这种金融工具在跨境交易中尤为重要，因为信任和安全至关重要。商业信用证的主要目的是降低国际贸易中的风险。当买方和卖方进行交易时，他们通常对彼此了解不深，这可能会导致对付款和交付的担忧。通过利用商业信用证，买方可以向卖方保证，只要他们遵守信用证中列出的条款，就会收到付款。这种安排降低了卖方的风险，并鼓励他们继续进行交易。商业信用证有几种类型，包括可撤销和不可撤销信用证。可撤销信用证可以在付款之前随时由买方或发行银行修改或取消。相反，不可撤销信用证在未获得所有相关方同意的情况下不能更改或取消。大多数企业更喜欢使用不可撤销的商业信用证，因为它提供了更大的安全性和保证，确保条款将得到遵守。商业信用证的另一个重要方面是它在融资中的作用。卖方可以将信用证作为抵押品向银行申请贷款，使他们能够在等待买方付款的同时保持现金流。这一特征对于可能面临流动性问题的小型和中型企业（SME）尤为有利。获得商业信用证的过程通常涉及几个步骤。首先，买方通过其银行申请信用证，提供有关交易的详细信息，包括金额、条款和卖方的信息。然后，银行评估买方的信用状况后才会签发信用证。一旦信用证签发，它将被发送到卖方的银行，后者会通知卖方这一安排。在货物装运后，卖方必须向其银行提交必要的文件以获得付款。总之，商业信用证是国际贸易中一种重要的金融工具。它为买卖双方提供了安全性和信任，促进了更顺利的交易。通过了解商业信用证的运作方式及其好处，企业可以更有效地应对全球商业的复杂性。随着国际贸易的持续增长，这种金融工具的重要性只会增加，因此参与跨境交易的公司熟悉其运作和优势至关重要。