confirming bank

简明释义

保兑银行

英英释义

例句

1.In international trade, a confirming bank 确认银行 adds its own guarantee to the letter of credit.

在国际贸易中，确认银行 确认银行为信用证增加了自己的担保。

2.The role of the confirming bank 确认银行 is crucial in ensuring that the seller receives payment.

在确保卖方收到付款的过程中，确认银行 确认银行的角色至关重要。

3.Before shipping the goods, the seller must check the terms with the confirming bank 确认银行.

在发货之前，卖方必须与确认银行 确认银行核对条款。

4.The confirming bank 确认银行 provides additional security for the transaction.

确认银行 确认银行为交易提供了额外的安全保障。

5.The exporter received the payment through a letter of credit issued by the buyer's bank, which was confirmed by the confirming bank 确认银行.

出口商通过买方银行开出的信用证收到了付款，该信用证被确认银行 确认银行。

作文

In the world of international trade and finance, the term confirming bank refers to a financial institution that provides an additional layer of assurance in transactions involving letters of credit. When a buyer and seller engage in a trade, they often use letters of credit to ensure payment is made upon the fulfillment of certain conditions. However, the risk associated with the buyer's bank not honoring the letter can create anxiety for the seller. This is where the role of a confirming bank becomes crucial. The confirming bank acts as a third party that guarantees the payment to the seller, thereby reducing the risk of non-payment. The process generally begins when the buyer applies for a letter of credit from their bank, known as the issuing bank. Once the letter of credit is issued, the seller may request the involvement of a confirming bank. This bank, often located in the seller's country or a neutral country, reviews the letter of credit and agrees to confirm it. By doing so, the confirming bank takes on the obligation to pay the seller, provided that the terms of the letter of credit are met. This confirmation is especially valuable in cases where the seller may not have full confidence in the buyer’s bank due to various factors, such as political instability or economic uncertainty.The advantages of using a confirming bank are manifold. For sellers, it enhances their security as they know that payment is guaranteed by a reputable bank. It also allows them to negotiate better terms with their suppliers since they can present a confirmed letter of credit as a reliable form of payment. On the other hand, buyers benefit as well, as the involvement of a confirming bank can facilitate smoother transactions and foster stronger relationships with international partners. However, it is essential to note that the confirming bank will charge a fee for its services, which can vary based on the amount of the transaction and the risk involved. This cost must be considered by both parties when deciding whether to involve a confirming bank. Additionally, the confirming bank must conduct due diligence to assess the creditworthiness of the buyer and the overall transaction to mitigate its own risks.In conclusion, the role of a confirming bank in international trade cannot be overstated. It serves as a vital link that enhances trust and reduces the risks associated with cross-border transactions. By providing a guarantee of payment, the confirming bank not only protects the interests of the seller but also contributes to the overall efficiency of international trade. As global commerce continues to expand, the importance of understanding the function of a confirming bank will become increasingly significant for businesses looking to navigate the complexities of international markets.

在国际贸易和金融的世界中，术语confirming bank指的是在涉及信用证的交易中提供额外保障的金融机构。当买方和卖方进行交易时，他们通常会使用信用证来确保在满足某些条件后进行付款。然而，买方的银行不履行信用证的风险可能会给卖方带来焦虑。这时，confirming bank的角色变得至关重要。confirming bank作为第三方，保证向卖方付款，从而降低了不付款的风险。这一过程通常始于买方向其银行申请信用证，即发行银行。一旦信用证被签发，卖方可能会请求涉及confirming bank。这家银行通常位于卖方所在国或中立国，审查信用证并同意确认它。通过这样做，confirming bank承担了支付给卖方的义务，前提是满足信用证的条款。在卖方可能对买方的银行没有完全信心的情况下，这种确认尤其有价值，例如由于政治不稳定或经济不确定性。使用confirming bank的优势多种多样。对于卖方来说，它增强了他们的安全性，因为他们知道付款由一家信誉良好的银行担保。它还使他们能够与供应商谈判更好的条款，因为他们可以出示一份已确认的信用证作为可靠的付款方式。另一方面，买方也能从中受益，因为confirming bank的参与可以促进更顺利的交易并增强与国际合作伙伴的关系。然而，必须注意的是，confirming bank会收取服务费，这个费用可能因交易金额和风险而异。双方在决定是否涉及confirming bank时，必须考虑这一成本。此外，confirming bank必须进行尽职调查，以评估买方的信用状况和整体交易，以降低自身的风险。总之，confirming bank在国际贸易中的作用不可低估。它作为一个重要的环节，增强了信任并降低了跨境交易的风险。通过提供付款担保，confirming bank不仅保护了卖方的利益，还促进了国际贸易的整体效率。随着全球商业的不断扩展，理解confirming bank的功能对于希望应对国际市场复杂性的企业将变得越来越重要。