信用证常用英语词汇整理【精简3篇】

繁花入梦分享2017-03-04 01:41:49 次阅读

信用证常用英语词汇整理篇一

In the world of international trade, letters of credit, also known as credit letters or simply LCs, play a crucial role in ensuring smooth transactions between buyers and sellers. As a buyer, having a comprehensive understanding of the commonly used English vocabulary related to letters of credit is essential. In this article, we will provide you with an extensive list of key terms and phrases that you may frequently encounter when dealing with LCs.

1. Applicant: The buyer or importer who requests the issuance of a letter of credit from the issuing bank.

2. Beneficiary: The seller or exporter who will receive payment under the letter of credit.

3. Issuing Bank: The bank that issues the letter of credit on behalf of the buyer.

4. Advising Bank: The bank, usually located in the seller's country, that advises the beneficiary of the letter of credit's existence.

5. Confirming Bank: A bank, usually located in the seller's country, that adds its confirmation to the letter of credit, guaranteeing payment to the beneficiary.

6. Irrevocable Letter of Credit: A letter of credit that cannot be modified or canceled without the agreement of all parties involved.

7. Revocable Letter of Credit: A letter of credit that can be modified or canceled at any time by the buyer or the issuing bank.

8. Sight Letter of Credit: A letter of credit that requires payment to be made immediately upon presentation of the necessary documents.

9. Usance Letter of Credit: A letter of credit that allows for deferred payment, usually with a specified maturity date.

10. Expiry Date: The date when the letter of credit expires and is no longer valid for presentation.

11. Shipping Documents: The documents required by the letter of credit, such as the bill of lading, commercial invoice, packing list, and insurance certificate.

12. Bill of Lading: A document issued by the carrier or their agent acknowledging the receipt of goods and serving as evidence of the contract of carriage.

13. Commercial Invoice: A document issued by the seller that provides a detailed description of the goods, their value, and other relevant information.

14. Packing List: A document that provides a detailed breakdown of the contents of each package included in the shipment.

15. Insurance Certificate: A document that confirms that the goods are insured during transit.

16. Pre-shipment Inspection: An inspection of the goods conducted by a third-party inspection agency to ensure compliance with the agreed-upon specifications.

17. Complying Presentation: The fulfillment of all the terms and conditions specified in the letter of credit, allowing the beneficiary to receive payment.

18. Non-complying Presentation: The failure to meet one or more of the terms and conditions specified in the letter of credit, resulting in the rejection of documents and potential non-payment.

19. Transferable Letter of Credit: A letter of credit that allows the beneficiary to transfer all or part of the payment to a third party.

20. Back-to-Back Letter of Credit: A letter of credit that is issued based on an existing letter of credit, allowing an intermediary or middleman to facilitate the transaction.

By familiarizing yourself with these commonly used terms and phrases related to letters of credit, you will be better equipped to navigate the complexities of international trade. Remember, a clear understanding of the language used in LC transactions is essential for ensuring successful and profitable trade relationships.

信用证常用英语词汇整理篇二

As a seller or exporter engaged in international trade, understanding the commonly used English vocabulary related to letters of credit is crucial for ensuring smooth transactions and receiving timely payment. In this article, we will provide you with a comprehensive list of key terms and phrases that you may frequently encounter when dealing with LCs.

1. Applicant: The buyer or importer who requests the issuance of a letter of credit from their bank.

2. Beneficiary: The seller or exporter who will receive payment under the letter of credit.

3. Issuing Bank: The buyer's bank that issues the letter of credit on behalf of the applicant.