documentary credit

简明释义

货物押汇信用证押汇信用证

英英释义

例句

1.The buyer requested a documentary credit to ensure payment upon delivery of goods.

买方要求使用信用证以确保在货物交付时付款。

2.To facilitate the transaction, the exporter requested a documentary credit from the importer’s bank.

为了促进交易，出口商向进口商的银行申请了信用证。

3.The terms of the documentary credit must be carefully reviewed before acceptance.

在接受之前，必须仔细审查信用证的条款。

4.A documentary credit is often used in international trade to reduce risks for both the buyer and seller.

在国际贸易中，信用证通常用于降低买卖双方的风险。

5.The bank issued a documentary credit after verifying the buyer's financial status.

银行在核实买方的财务状况后，签发了信用证。

作文

In the world of international trade, financial transactions can often be complex and fraught with risks. One tool that has emerged to mitigate these risks is known as documentary credit. A documentary credit is a payment mechanism used primarily in international trade, where a bank acts on behalf of the buyer to ensure that the seller receives payment upon fulfilling specific conditions outlined in the credit agreement. This process not only protects the seller by guaranteeing payment but also safeguards the buyer by ensuring that the goods are shipped as agreed upon.The essence of documentary credit lies in its ability to facilitate trust between parties who may not have an established relationship. For instance, when a buyer in one country wants to purchase goods from a seller in another country, they may be hesitant to make an upfront payment without assurance that the goods will be delivered. Conversely, the seller may be concerned about shipping the goods without receiving payment first. In this scenario, a documentary credit serves as a reliable intermediary.When a buyer applies for a documentary credit, the issuing bank assesses the buyer's creditworthiness and issues the credit in favor of the seller. The seller, upon receiving the documentary credit, can confidently ship the goods, knowing that they will receive payment once they present the required documents, such as the bill of lading and commercial invoice, to the bank.Moreover, documentary credit is governed by a set of rules established by the International Chamber of Commerce (ICC), known as the Uniform Customs and Practice for Documentary Credits (UCP). These rules provide a standardized framework for the operation of documentary credits, ensuring that all parties involved understand their rights and obligations. This standardization is crucial in international trade, where legal systems and practices can vary significantly from one country to another.One of the primary advantages of using a documentary credit is the reduction of risk associated with international transactions. Sellers can be assured of payment as long as they comply with the terms set forth in the credit, while buyers can rest easy knowing that their funds are only released when the seller meets their obligations. Additionally, documentary credit can enhance the seller's access to financing, as banks may be willing to offer loans or advances secured by the documentary credit.However, it is important to note that documentary credit is not without its challenges. The process can be time-consuming and may involve various fees charged by banks for issuing and confirming the credit. Furthermore, any discrepancies in the documentation can lead to delays in payment or even non-payment, which underscores the importance of accuracy and attention to detail when preparing the necessary documents.In conclusion, documentary credit plays a vital role in facilitating international trade by bridging the gap between buyers and sellers. By providing a secure payment mechanism, it fosters trust and confidence in transactions that might otherwise be deemed too risky. As global trade continues to expand, the use of documentary credit is likely to remain a critical component in ensuring smooth and efficient trade operations across borders.

在国际贸易的世界中，金融交易往往复杂且充满风险。为了减轻这些风险，一种工具应运而生，这就是我们所称的信用证。信用证是一种主要用于国际贸易的支付机制，其中银行代表买方确保卖方在满足信用协议中列出的特定条件后获得付款。这一过程不仅通过保证付款来保护卖方，还通过确保货物按约定发货来保障买方。信用证的本质在于它能够促进双方之间的信任，尤其是当双方可能没有建立良好关系时。例如，当一个国家的买方想要从另一个国家的卖方购买商品时，他们可能会犹豫不决，无法在没有保证货物会送达的情况下进行预付款。相反，卖方可能担心在未收到付款的情况下发货。在这种情况下，信用证作为一个可靠的中介服务。当买方申请信用证时，发行银行会评估买方的信用worthiness，并以卖方的名义发行信用。卖方在收到信用证后，可以自信地发货，因为他们知道一旦向银行提交所需的文件，如提单和商业发票，就会收到付款。此外，信用证受国际商会（ICC）制定的一套规则的管辖，称为《信用证统一惯例》（UCP）。这些规则提供了信用证操作的标准化框架，确保所有相关方理解其权利和义务。这种标准化在国际贸易中至关重要，因为各国的法律制度和实践可能存在显著差异。使用信用证的主要优势之一是降低了国际交易相关的风险。只要卖方遵守信用中规定的条款，就可以确保获得付款，而买方则可以放心，因为他们的资金仅在卖方履行义务时才会释放。此外，信用证还可以增强卖方的融资获取能力，因为银行可能愿意提供以信用证为担保的贷款或预付款。然而，需要注意的是，信用证并非没有挑战。该过程可能耗时较长，并可能涉及银行收取的各种费用，例如发行和确认信用证的费用。此外，任何文件中的不一致都可能导致付款延迟甚至不付款，这强调了在准备必要文件时准确性和细节关注的重要性。总之，信用证在促进国际贸易中发挥着至关重要的作用，它弥合了买方和卖方之间的鸿沟。通过提供安全的支付机制，它在原本可能被认为风险过大的交易中培养了信任和信心。随着全球贸易的持续扩展，信用证的使用可能仍将是确保跨境贸易操作顺利高效的关键组成部分。