外贸信用证常见条款的英文表述一（Letter of general terms for foreign trade credit）.doc

外贸信用证常见条款的英文表述一（Letter of general terms for foreign trade credit） L/C Clause letter of credit common terms and expressions Formally, a letter of credit is just an ordinary business letter. Its format and content are varied, and letters of credit opened by different countries and different banks are different. But the contents are basically the same, and can be divided into ten parts. (a), the parties in the credit stated in the text (THE PARTIES CONCERNING TO THE CREDIT) The applicant (The Applicant for the credit) In international trade, the L / C is opened by the importer to the bank. So the openers refer to the importer. Words and phrases used in letters of credit are often like this: Applicant/Principal/Accountee/ Accreditor / Opener At the request of......... Should..... Request By order of............ Press。。。。。 Instructions For account of......... By..... payment At, the, request, of, and, for...... Should..... Request Account of...... By... And by.... payment By, order, of, and, for, account, of......... Press... Instructions and... payment The beneficiary (The beneficiary) In international trade, the beneficiary is generally the exporter. A common word or phrase in a letter of credit: Beneficiary beneficiary In favour of...... By... Beneficiary In your favour...... In your favor Transferor......... The assignor (the first beneficiary of a transferable credit) Transferee......... Assignee (of the second beneficiary of the transferable credit) The issuing bank (The Opening Bank) The bank that opens the L / C should be called the issuing bank as requested by the applicant. Words and phrases that are common in a letter of credit are: Opening Bank Issuing Bank Establishing Bank Notification Bank (Advising Bank) The issuing bank is to send a letter of credit to the beneficiarys Bank in the locality of the beneficiary to which the letter of credit is sent. The bank is the advising bank. Words and phrases that are common in a letter of credit are: Advising Bank Not