Lesson 13

1. Lesson 13 L/C Establishment

2. 重要语言知识点 • to open / establish / issue a L/C through a bank acceptable to the Sellers 通过卖方可接受的银行开立信用证 • confirmed 保兑的 • irrevocable 不可撤销的 • transferable 可转让的 • revolving 循环的 • sight 即期的 （或at sight） • in one’s favor 以……为受益人 e.g. in favor of the Sellers 以卖方为受益人 • to reach the Sellers 30 days before the month of shipment 装运月份前30天送达卖方

3. 例1 • counter-signed adj. 连署的 • covering prep. 关于 • coordination n. 协调 • consolidate vt. 集货 • at the loading port 在装运港 • ensure v. 保证 • charter vt. 租船 • the same as … 与……一致

4. 例2 dispatch n. 派遣，发送 trend n. 趋势 the execution of the contract 合同的执行 re-negotiate vt. 重新谈判 assure vt. 确保

5. 常见句型 • We have instructed our bank, Bank of China, Beijing Branch, to open a confirmed, irrevocable letter of credit for USD108,000 in your favor, valid until May 2007. • As our usual practice goes, we require payment by confirmed and irrevocable letter of credit. However, in consideration of our friendly relations, we are, as an exceptional case, prepared to accept D/P sight terms. • We suggest payment by T/T or drawing on us at 90 days’ sight. • The letter of credit shall remain valid for negotiation in China until the 15th after the aforesaid time of shipment.

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