sight letter of credit

简明释义

见票即付的信用证

英英释义

例句

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

使用即期信用证可以降低国际贸易交易中不付款的风险。

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

卖方通常更喜欢即期信用证，因为它能快速保证付款。

3.Before shipping the goods, the company confirmed the authenticity of the sight letter of credit with the issuing bank.

在发货之前，公司与开证银行确认了即期信用证的真实性。

4.The seller was relieved to know that the payment would be made through a sight letter of credit once the goods were shipped.

卖方松了一口气，知道一旦货物发运，款项将通过即期信用证支付。

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

出口商从买方的银行收到了即期信用证，确保在提交运输文件后立即付款。

作文

In the world of international trade, various financial instruments are used to facilitate transactions between buyers and sellers. One such instrument is the sight letter of credit, which plays a crucial role in ensuring that both parties fulfill their obligations. A sight letter of credit (即“即期信用证”) is a document issued by a bank that guarantees payment to the seller upon presentation of specific documents that comply with the terms outlined in the credit. This type of credit is particularly advantageous for sellers since they receive payment almost immediately after shipping their goods and presenting the required documentation.The mechanism of a sight letter of credit is relatively straightforward. Once the buyer and seller agree on the terms of the sale, the buyer applies for a sight letter of credit through their bank. The bank then issues the letter, which is sent to the seller's bank. Upon shipping the goods, the seller must present the necessary documents, such as the bill of lading, commercial invoice, and insurance certificate, to their bank. If these documents match the terms specified in the sight letter of credit, the seller's bank will forward them to the buyer's bank, which will then release the payment to the seller.One of the primary benefits of using a sight letter of credit is the reduced risk for the seller. In international transactions, there is often a significant level of uncertainty regarding the buyer’s ability or willingness to pay. By utilizing a sight letter of credit, the seller can mitigate this risk because the payment is guaranteed by the bank, provided that they fulfill the documentary requirements. This assurance allows sellers to engage in international trade with greater confidence.Moreover, a sight letter of credit also protects the buyer. Since payment is only made upon the presentation of the required documents, the buyer can be assured that they will receive the goods as specified in the contract. This creates a balance of trust between both parties, as the seller is incentivized to ship the goods promptly and in accordance with the agreement, while the buyer is protected from potential fraud.However, it is essential to understand that a sight letter of credit is not without its challenges. The seller must ensure that all documents are accurate and comply with the terms set forth in the credit. Any discrepancies can lead to delays in payment or even rejection of the documents, which could jeopardize the transaction. Additionally, the costs associated with issuing a sight letter of credit can be significant, as banks typically charge fees for their services. Therefore, both parties need to weigh the benefits against the costs when deciding whether to use this financial instrument.In conclusion, a sight letter of credit serves as a vital tool in international trade, providing security and facilitating transactions between buyers and sellers. By offering a guarantee of payment upon compliance with documentary requirements, it reduces risks for sellers and ensures that buyers receive their goods as promised. Despite its challenges, the advantages of using a sight letter of credit make it an attractive option for many businesses engaged in cross-border trade. As global commerce continues to expand, understanding the nuances of instruments like the sight letter of credit becomes increasingly important for successful international transactions.

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。其中一种工具是即期信用证，它在确保双方履行义务方面发挥着至关重要的作用。即期信用证是银行出具的一种文件，保证在卖方提交符合信用证条款的特定文件时，可以获得付款。这种类型的信用证对卖方特别有利，因为他们在发货后及提交所需文件后几乎可以立即收到付款。即期信用证的机制相对简单。一旦买卖双方就销售条款达成一致，买方就会通过其银行申请即期信用证。银行随后会出具信用证，并将其发送给卖方的银行。在发货后，卖方必须向其银行提交必要的文件，如提单、商业发票和保险单。如果这些文件与即期信用证中规定的条款相符，卖方的银行将把它们转发给买方的银行，后者将向卖方支付款项。使用即期信用证的主要好处之一是降低了卖方的风险。在国际交易中，买方的支付能力或意愿常常存在显著的不确定性。通过利用即期信用证，卖方可以减轻这一风险，因为只要满足文件要求，银行就会保证付款。这种保障使卖方能够更有信心地参与国际贸易。此外，即期信用证还保护了买方。由于只有在提交所需文件后才会进行付款，买方可以确保他们会收到合同中规定的货物。这在双方之间创造了一种信任的平衡，因为卖方有动力及时按协议发货，而买方则受到保护，免受潜在欺诈的影响。然而，必须理解的是，即期信用证并非没有挑战。卖方必须确保所有文件准确无误，并符合信用证中规定的条款。任何不一致之处都可能导致付款延迟或甚至文件被拒绝，这可能危及交易。此外，出具即期信用证的费用可能相当可观，因为银行通常会收取服务费用。因此，双方在决定是否使用这种金融工具时，需要权衡其优缺点。总之，即期信用证作为国际贸易中的重要工具，为买卖双方提供了安全保障，促进了交易。通过在遵守文件要求的情况下提供付款保证，它降低了卖方的风险，并确保买方按约定收到货物。尽管存在挑战，但使用即期信用证的优势使其成为许多从事跨境贸易的企业的吸引选择。随着全球商业的不断扩展，了解像即期信用证这样的工具的细微差别，对于成功进行国际交易变得越来越重要。