with recourse letter of credit

简明释义

有追索权信用证

英英释义

例句

1.In international trade, a with recourse letter of credit is often used to mitigate risks associated with cross-border transactions.

在国际贸易中，可追索信用证通常用于降低与跨境交易相关的风险。

2.The exporter received payment through a with recourse letter of credit, which means they can seek compensation from the importer if the bank does not honor the credit.

出口商通过可追索信用证收到了付款，这意味着如果银行不履行信用证，他们可以向进口商寻求赔偿。

3.The bank issued a with recourse letter of credit, allowing the supplier to draw funds while ensuring the bank can reclaim funds if necessary.

银行签发了一份可追索信用证，允许供应商提取资金，同时确保银行在必要时可以收回资金。

4.Using a with recourse letter of credit can provide security to the seller, but it also places the risk back on them if the buyer fails to pay.

使用可追索信用证可以为卖方提供安全保障，但如果买方未能付款，风险将再次落在卖方身上。

5.When negotiating the terms, the buyer insisted on a with recourse letter of credit to protect their interests in case of default.

在谈判条款时，买方坚持使用可追索信用证以保护其在违约情况下的利益。

作文

In international trade, various financial instruments are utilized to facilitate transactions and mitigate risks. One such instrument is the letter of credit, which acts as a guarantee from a bank on behalf of a buyer, ensuring that the seller receives payment for goods or services provided. Among the types of letters of credit, the with recourse letter of credit (追索权信用证) stands out due to its unique characteristics and implications for both buyers and sellers. Understanding this financial tool is crucial for businesses engaged in cross-border trade.A with recourse letter of credit is a type of credit that allows the bank to seek reimbursement from the buyer if the seller fails to receive payment. This means that if the buyer does not fulfill their obligation, the bank has the right to reclaim the funds it disbursed to the seller. This arrangement provides an additional layer of security for the bank, as it can recover its losses by pursuing the buyer. However, it also places a certain level of risk on the seller, who must be aware that their payment is contingent upon the buyer’s ability to pay.The primary advantage of using a with recourse letter of credit is that it enables sellers to access financing more easily. Sellers can rely on the bank's assurance of payment, which can help them secure better terms with their suppliers and manage their cash flow effectively. Additionally, this type of letter of credit can make it easier for sellers to enter new markets, as they can demonstrate to potential partners that they have reliable financial backing.However, there are also disadvantages associated with a with recourse letter of credit. For instance, sellers may find themselves in a precarious position if the buyer defaults. In such cases, the seller might have to absorb the loss, particularly if they have already shipped the goods. This risk can be mitigated through careful vetting of buyers and maintaining good relationships with banks to ensure that the creditworthiness of the buyer is established before proceeding with the transaction.Furthermore, the costs associated with obtaining a with recourse letter of credit can be significant. Banks typically charge fees for issuing letters of credit, and these fees can vary based on the perceived risk of the transaction. Sellers should factor these costs into their pricing strategies to maintain profitability while still providing competitive offers to buyers.In conclusion, the with recourse letter of credit serves as a valuable financial instrument in international trade, offering protection and facilitating transactions between buyers and sellers. While it provides benefits such as easier access to financing and enhanced credibility, it also comes with inherent risks that sellers must navigate. Businesses engaged in international trade should carefully consider their options and the implications of using a with recourse letter of credit to ensure that they are making informed decisions that align with their financial goals and risk tolerance.

在国际贸易中，各种金融工具被用于促进交易并降低风险。其中一种工具是信用证，它代表买方向卖方提供的银行担保，确保卖方获得所提供商品或服务的付款。在信用证的类型中，with recourse letter of credit（追索权信用证）因其独特的特性和对买卖双方的影响而脱颖而出。理解这一金融工具对于参与跨境贸易的企业至关重要。with recourse letter of credit是一种允许银行在卖方未能收到付款时向买方追索款项的信用证。这意味着，如果买方未履行其义务，银行有权收回已支付给卖方的款项。这种安排为银行提供了额外的安全保障，因为它可以通过追索买方来弥补损失。然而，这也将一定程度的风险置于卖方身上，卖方必须意识到他们的付款取决于买方的支付能力。使用with recourse letter of credit的主要优点在于，它使卖方更容易获得融资。卖方可以依赖银行的付款保证，这可以帮助他们与供应商达成更好的条款，并有效管理现金流。此外，这种类型的信用证可以使卖方更容易进入新市场，因为他们可以向潜在合作伙伴展示他们拥有可靠的财务支持。然而，与with recourse letter of credit相关的缺点也存在。例如，如果买方违约，卖方可能会发现自己处于不利地位。在这种情况下，卖方可能不得不承担损失，特别是如果他们已经发货的话。通过仔细审查买方并与银行保持良好关系，可以减轻这种风险，从而确保在进行交易之前建立买方的信用状况。此外，获得with recourse letter of credit所涉及的费用可能相当可观。银行通常会收取发行信用证的费用，而这些费用可能会根据交易的风险水平而有所不同。卖方应将这些成本纳入其定价策略，以在保持盈利的同时向买方提供具有竞争力的报价。总之，with recourse letter of credit作为国际贸易中的一种有价值的金融工具，提供保护并促进买卖双方之间的交易。虽然它提供了如更易获得融资和增强信誉等好处，但也伴随着卖方必须应对的固有风险。参与国际贸易的企业应仔细考虑其选择及使用with recourse letter of credit的影响，以确保他们做出符合财务目标和风险承受能力的明智决策。