straight letter of credit

简明释义

指定购票行信用证

英英释义

例句

1.A bank issued a straight letter of credit on behalf of the importer to guarantee payment.

银行代表进口商签发了直信用证以保证付款。

2.Using a straight letter of credit can reduce the risk of non-payment for the seller.

使用直信用证可以减少卖方的未付款风险。

3.With a straight letter of credit, the beneficiary can present documents to the bank for payment.

凭借直信用证，受益人可以向银行提交文件以获得付款。

4.The buyer requested a straight letter of credit to facilitate the international transaction.

买方请求使用直信用证以促进国际交易。

5.The exporter received a payment through a straight letter of credit, ensuring immediate funds upon shipment.

出口商通过直信用证收到了付款，确保在发货时立即获得资金。

作文

In the world of international trade and finance, various instruments are utilized to facilitate transactions between buyers and sellers. One such instrument is the letter of credit, which serves as a guarantee from a bank on behalf of a buyer. Among the different types of letters of credit, the straight letter of credit stands out for its simplicity and directness. This type of letter of credit is primarily used when the buyer wants to ensure that the seller receives payment upon presenting the required documents, typically related to the shipment of goods.A straight letter of credit is often considered the most straightforward form of credit because it does not allow for any amendments or changes once it has been issued. This means that the seller can rely on the terms specified in the letter without fear of last-minute alterations that could jeopardize the transaction. For instance, if a buyer issues a straight letter of credit to a seller for the purchase of machinery, the seller can be assured that they will receive payment as long as they provide the necessary shipping documents, such as the bill of lading and commercial invoice.The importance of a straight letter of credit cannot be overstated, especially in transactions involving large sums of money or where the parties involved may not have established trust. By using this financial instrument, both the buyer and the seller can mitigate risks associated with non-payment or delivery issues. The buyer is protected because the funds are only released upon the seller’s compliance with the terms of the letter, while the seller is assured of payment as long as they fulfill their obligations.However, it is essential for both parties to understand the terms and conditions outlined in the straight letter of credit. Any discrepancies in the documentation can lead to delays in payment or even non-payment. For example, if the seller submits a document that does not match the specifications set forth in the letter of credit, the bank may refuse to honor the payment. Therefore, meticulous attention to detail is crucial in ensuring that all documents align perfectly with the requirements of the straight letter of credit.Furthermore, the role of banks in the issuance of a straight letter of credit is significant. Banks act as intermediaries, providing a level of security and trust for both parties. The issuing bank evaluates the buyer’s creditworthiness before issuing the letter, thereby reducing the risk for the seller. This relationship fosters confidence in the transaction, making it more likely for businesses to engage in international trade.In conclusion, the straight letter of credit is an essential tool in international trade, offering security and assurance to both buyers and sellers. Its straightforward nature allows for ease of use, but it also requires careful attention to detail to avoid potential pitfalls. As global commerce continues to expand, understanding instruments like the straight letter of credit becomes increasingly important for businesses looking to navigate the complexities of international transactions effectively.

在国际贸易和金融的世界中，各种工具被用来促进买卖双方之间的交易。其中一种工具是信用证，它作为买方代表银行的担保。不同类型的信用证中，直信用证因其简单性和直接性而脱颖而出。这种类型的信用证主要用于当买方希望确保卖方在提交与货物运输相关的必要文件时获得付款时。直信用证通常被视为最简单的信用形式，因为一旦发出，就不允许进行任何修订或更改。这意味着卖方可以依赖信用证中规定的条款，而不必担心可能会危及交易的最后时刻的变更。例如，如果买方向卖方发出一份直信用证以购买机械设备，卖方可以放心，只要他们提供必要的运输文件，如提单和商业发票，他们就会收到付款。直信用证的重要性不容小觑，特别是在涉及大额资金或参与方之间可能没有建立信任的交易中。通过使用这一金融工具，买卖双方都可以减少与未付款或交付问题相关的风险。买方受到保护，因为只有在卖方遵守信用证条款的情况下，资金才会被释放，而卖方则只要履行义务就能确保收到付款。然而，双方必须理解直信用证中列出的条款和条件。文件中的任何差异都可能导致付款延迟甚至不付款。例如，如果卖方提交的文件与信用证中规定的规格不匹配，银行可能会拒绝支付。因此，仔细关注细节对于确保所有文件与直信用证的要求完全一致至关重要。此外，银行在发行直信用证中的角色也很重要。银行作为中介，为双方提供了一定程度的安全性和信任。发行银行在发出信用证之前会评估买方的信用worthiness，从而降低卖方的风险。这种关系增强了交易的信心，使企业更有可能参与国际贸易。总之，直信用证是国际贸易中的一项重要工具，为买卖双方提供了安全性和保证。它的直接性使其易于使用，但也要求对细节进行仔细关注，以避免潜在的问题。随着全球商业的不断扩展，理解像直信用证这样的工具对于希望有效应对国际交易复杂性的企业变得越来越重要。