sight letter of credit

简明释义

即期信用证

英英释义

A sight letter of credit is a financial document issued by a bank that guarantees payment to a seller as soon as the required documents are presented, provided they comply with the terms set in the letter of credit.

即期信用证是一种由银行签发的金融文件,保证在卖方提交所需文件并符合信用证条款时,立即向卖方付款。

例句

1.Upon receiving the sight letter of credit, the supplier prepared the goods for shipment.

在收到即期信用证后,供应商准备好货物进行发货。

2.Using a sight letter of credit can significantly reduce the risk of non-payment in international trade.

使用即期信用证可以显著降低国际贸易中不付款的风险。

3.The bank issued a sight 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即期信用证

4.A sight letter of credit is often preferred by sellers because it guarantees payment quickly.

卖家通常更喜欢即期信用证,因为它能快速保证付款。

5.The exporter received a sight letter of credit from the importer, ensuring immediate payment upon presentation of shipping documents.

出口商收到进口商的即期信用证,确保在提交运输单据后立即付款。

作文

In the realm of international trade, financial instruments play a pivotal role in ensuring smooth transactions between buyers and sellers. One such instrument is the sight letter of credit, which serves as a guarantee of payment to the seller upon presentation of specified documents. This financial tool is particularly important in transactions where trust is an issue, as it provides security to both parties involved. A sight letter of credit is issued by a bank on behalf of a buyer, promising to pay the seller a specified amount of money as soon as the seller presents the required shipping and transaction documents. These documents typically include the bill of lading, commercial invoice, and packing list, among others. The immediate payment feature of a sight letter of credit distinguishes it from other types of letters of credit, such as usance or time letters of credit, which involve deferred payments. The process begins when a buyer and seller agree on the terms of a sale. To ensure that the seller will receive payment promptly, the buyer arranges for a sight letter of credit through their bank. The bank then issues the letter, detailing the conditions under which payment will be made. Once the seller ships the goods and submits the required documents to their own bank, the bank forwards these documents to the buyer's bank. Upon verifying that all conditions are met, the buyer's bank releases the payment to the seller's bank, which then credits the seller's account. This mechanism not only facilitates trade but also mitigates risks. For the seller, a sight letter of credit ensures that they will receive payment without delay, reducing the risk of non-payment. For the buyer, it provides reassurance that payment will only be made once the goods have been shipped and the necessary documentation has been verified. Thus, it creates a balanced environment where both parties can engage in trade with confidence. However, it is essential for both parties to understand the terms and conditions outlined in the sight letter of credit. Any discrepancies in the documents presented can lead to delays in payment or even denial of payment altogether. Therefore, meticulous attention to detail is crucial when preparing the documents required for the letter of credit. Additionally, both parties should maintain open lines of communication throughout the process to address any potential issues that may arise. In conclusion, the sight letter of credit is a vital financial instrument in international trade that provides security and peace of mind for both buyers and sellers. By ensuring prompt payment upon the presentation of the necessary documents, it fosters trust and facilitates smoother transactions. As global trade continues to expand, the importance of understanding instruments like the sight letter of credit cannot be overstated, as they are fundamental to the success of international business dealings.

在国际贸易领域,金融工具在确保买卖双方之间的顺利交易中发挥着关键作用。其中一种工具是sight letter of credit,它作为对卖方在提交特定文件后付款的保证。这种金融工具在信任存在问题的交易中尤为重要,因为它为双方提供了安全保障。sight letter of credit是买方通过银行向卖方发出的承诺,在卖方提交所需的运输和交易文件时,向卖方支付指定金额。这些文件通常包括提单、商业发票和装箱单等。sight letter of credit的即时付款特性使其与其他类型的信用证(如远期信用证或定期信用证)区分开来,后者涉及延期付款。这一过程始于买卖双方就销售条款达成协议。为了确保卖方能够及时收到付款,买方通过其银行安排了一份sight letter of credit。银行随后发行信用证,详细说明将在什么条件下进行付款。一旦卖方发货并将所需文件提交给自己的银行,银行会将这些文件转发给买方的银行。在核实所有条件均已满足后,买方的银行将向卖方的银行支付款项,后者再将款项存入卖方账户。这一机制不仅促进了贸易,还降低了风险。对于卖方来说,sight letter of credit确保他们能及时收到付款,从而减少了不付款的风险。对于买方而言,它提供了保证,即只有在货物发运并且必要的文件经过核实后才会付款。因此,它创造了一个平衡的环境,使双方能够自信地进行贸易。然而,双方必须理解sight letter of credit中概述的条款和条件。提交的文件中的任何差异都可能导致付款延迟甚至拒绝付款。因此,在准备信用证所需的文件时,必须对细节保持高度关注。此外,双方应在整个过程中保持开放的沟通渠道,以解决可能出现的任何问题。总之,sight letter of credit是国际贸易中一种重要的金融工具,为买卖双方提供了安全感和安心。通过确保在提交必要文件后立即付款,它促进了信任并促进了更顺畅的交易。随着全球贸易的不断扩展,理解像sight letter of credit这样的工具的重要性不容小觑,因为它们是国际商业交易成功的基础。