nature of transactions, national and international trade, etc. often decide the fate of trading. If there is discord among any of these factors, traders are likely to incur a loss unless they have financial security like a Letter of Credit or letter of credit discounting to fall back on. ...
a我多么想见我同学啊 正在翻译,请等待... [translate] a团员结业证书 The member graduates the certificate [translate] aThe Buyer pays for the discount charges and acceptance commissions for Letter of Credit discounting by the Seller. 买家支付贴现费用和承兑手续费为打折由卖主的信用证。 [translate] ...
1. **信用证(Letter of Credit,LC):** 信用证是一种支付保障工具,通常由买方的银行开出,向卖方保证在满足一定条件下支付货款。它有助于降低交易风险,特别是在国际贸易中。2. **贴现(Discounting):** 贴现是指在提前支付未来收款权的过程中,以折扣的方式计算并支付这笔款项。在信用证贴现中,贴现通常指的是...
Bank practices vary,however,the exporter may be able to receive funds by discounting the letter of credit at the bank, which involves paying a fee to the bank for this service. Exporters should consult with their international bankers about bank policy.(1) (单选题)The bank responsible for ...
13BenefitExporterImporter13⑶Operationofacceptancecredit承兑信用证的处理nominatedacceptingbank1.acceptedbillbeneficiaryDiscountingbank2.discount3.presentforpayment14⑶OperationofacceptancecrediAccordingtothemodeofavailability按兑用方式分类3.Deferredpaymentcredit延期付款信用证①At…daysafterthepresentationofthedocuments②At...
If required, you can request and obtain financing via Export Letter of Credit Discounting. How it works Process for pre- and post-shipment Pre-shipment Step 1 Request for Letter of Credit from your buyer Pre-shipment Step 2 Buyer applies for Letter of Credit through his bank ...
LETTEROFCREDIT信用证 •Aletterofcreditisanconditionalundertakingissuedbyabankfortheaccountofthebuyer(theApplicant)orforitsownaccount,topaytheBeneficiarythevalueofthedraftandordocuments,providedthatthetermsandconditionsofthedocumentarycreditarecompliedwith.establishment •Buyer(applicant)Issuingbank开证行 •Seller...
Noun1.letter of credit- a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit credit- money available for a client to borrow commercial letter of credit- a letter of credit given to a business concern for co...
Letter of Credit 国际结算 教学课件 LetterofCredit Review 1.Procedure2.Characteristic3.Parties4.Types 受益人出口商 议交通付单知 议付行通知行 货物 资金 审证审单 开证寄单偿付 申请人进口商 申通付请知款 赎赎单单开证行 1.Theissuingbankassumetheprimarilyliabilityofpayments.2.Aletterofcreditstands...
A letter of credit or LC is a written document issued by the importer’s bank (opening bank) on importer’s behalf. Through its issuance, the exporter is assured that the issuing bank will make a payment to the exporter for the international trade conducted between both the parties. ...