金融英语听说U

1、Unit 6Short DialoguesMultiple ChoiceDialog 1 W: Morning, sir! What can I do for you?M: Would you tell me about the documents needed for the documentarycollection business?W: All right. The documents needed for collection are the bill of lading,certificate of inspection, certificate of insurance, and

2、 a sight draft for D/Pand a usance draft for D/A.M: What should be stated in a bill of lading?W: Many items, of course. For example, unit price and amount of goods, portsof loading and destination, price and payment terms, latest shipment dateand validity of the L/C, the name and address of the ship

3、per and carrier.And in the space of consignee, you should write the words “To Order”instead of the importers name.Question: Which of the following is NOT mentioned as the documents needed for thecollection business? (C)译文 女： 早上好！先生。需要我们为您做些什么吗？男： 你可以给我讲讲托收需要哪些单据吗？女： 好。托收需要的单据有提单、检验证明、保险证明，如果是付款交单要有即

4、期汇票，如果是承兑交单要有远期汇票。男： 提单上应该写些什么呢？女： 当然有许多项目。例如，货物的单价和数量，装运码头和目的地、价格和付款条件、最迟装运日期和信用证的有效期、托运人和承运人的姓名和地址等。而且在收货人一栏，你应该填写“To Order ( 凭指示交货)”的字样，而不是进口商的姓名。Dialog 2 M: Hello, Madam! Ive checked the letter of credit you advised yesterday.Well, Ive found that some terms and conditions do not match the clause

5、sof the sales contract. I want to order the issuing bank to make someamendment. Could you help me, please?W: No problem, sir. But I dont think you have the right to give any orderto the issuing bank. Youd better inform the applicant of the matter andnegotiate with him, requiring him to give instruct

6、ions to his bank toamend the credit.M: All right. Thank you. Ill call him right away.Question: What are they talking about? (B)译文 男： 您好，女士。我已经检查了你们昨天通知我的信用证。嗯，我觉得有些条款与销售合约的条款不相符。我打算指示开证行进行修改。您能帮助我吗？女： 没问题，先生。但我认为您没有权利对开证行作任何指示。您最好把有关问题通知开证申请人，与他协商，要求他指示他的银行修改信用证。男： 好。谢谢。我马上给他电话。Dialog 3 W: Hello, Sm

7、ith Law Office.M: Hello, Madam! I want to have some advice from you. Ive got the noticeof dishonor from my remitting bank. What should I do if I want to sue thedrawee for the dishonor?W: Well, you can require the presenting bank to protest the bill. A notarypublic there will help you and issue a Dee

8、d of Protest. It will state thereason of dishonor and provide legal evidence of dishonor acceptable to acourt of law.Question: What can we learn from the conversation? (A)译文 女： 您好，史密斯律师事务所。男： 您好，女士。我希望得到您的建议。我收到托收行给我转来的拒付通知书。假如我要起诉受票人拒付，应该怎么办？女： 是这样，您可以要求提示行把票据做成拒付证书。那里的公证人会帮助您开立一份拒付证书。拒付证书会注明拒付的原因，

9、提供符合法律要求的且法庭可以接受的拒付证明。Dialog 4 M: Excuse me, Madam. Would you please tell me how to send an L/C to mysupplier in a foreign country after I apply for it?W: In banking practice, the issuing bank will send the L/C to its correspondentbank in the country of your supplier. The correspondent bank will ber

10、equired to advise the L/C to the named beneficiary. You know, the bank iscalled the advising bank.M: I see that the L/C is not sent through the post office.Question: Who will be responsible for the advice of the L/C to the beneficiary? (C)译文 男： 您好，女士。麻烦您告诉我怎么把我申请的信用证寄送给外国的供货商，好吗？女： 按银行惯例，开证行会把信用证寄送给

11、供货商所在国的代理行。开证行会要求代理行把信用证通知给受益人。您知道，代理行又叫做通知行。男： 我懂了，信用证不是经过邮局送递的。Short Answer QuestionsScripts & AnswersDialog 1 W: Excuse me, sir. Please insert the complete address and full name of thedrawee in the space here.M: OK. Thank you. Is it all right?W: Exactly correct, sir. Would you please state he

12、re the way of sending thenotice of dishonor in the event of non-payment or non-acceptance? Whichwould you prefer, by cable or by mail?M: Either by email or by fax, I think. Who on earth sends messages by mailnow? Here is my email address and fax number.Question: What do you think the bank will send

13、to the man by email or by fax accordingto the conversation?The notice of dishonor.译文 女： 不好意思，先生。请在这里填写受票人的地址和姓名的全称。男： 好。谢谢您。这样对吗？女： 完全正确，先生。请您在这里注明，如果发生拒付或者拒绝承兑，如何寄送拒付通知。您愿意用哪种方法，电报还是信件？男： 我想用邮件或传真。现在还有谁用信件传送消息？这是我的邮件地址和传真号。Dialog 2 W: Mr. Green, the beneficiary of the No. 675342 L/C has presented t

14、hedocuments to our bank for negotiation. What shall we do next?M: We will check the documents against the terms and conditions of the L/C.If they are OK, we will negotiate the documents at current discount rate.Then well send the documents to the issuing bank for reimbursement.W: I see. Thank you.Qu

15、estion: What kind of role does the bank play in the L/C business according to theconversation?The bank plays the role of a negotiating bank in the L/C business.译文 女： 格林先生，675342 号信用证的受益人已经向我行提示单据要求议付。我们应该怎么做？男： 我们要根据信用证的条款来核对那些单据。如果没问题，我们就按现行贴现率议付单据，然后把单据寄送给开证行要求偿付。女： 我明白了。谢谢您。Dialog 3 M: Hi, Jane.

16、Im told that the importer wants to open a revocable documentarycredit in favor of our company. Is that true?W: Exactly true. But I declined the request. You know that a revocable creditmay increase credit risk on our part. Wed better require him to open anirrevocable documentary credit.M: I cant agr

17、ee with you more. What about confirmation? Shall we requireour bank to add its confirmation to the credit?W: You are talking my language.Question: What kind of letter of credit will be issued according to the woman?An irrevocable confirmed documentary credit will be issued.译文 男： 嗨，简。我听说进口商要求开立以我们公司为

18、受益人的可撤销信用证。是真的吗？女： 千真万确。但我拒绝了。您知道可撤销信用证对我方会增加信用风险。我们最好要求他开立不可撤销信用证。男： 我完全同意。保兑呢？我们可以要求我们的银行对信用证加以保兑吗？女： 您说的就是我想的。Listening & SimulatingScripts & AnswersDialog 1 W: Excuse me, sir. Have you finished the collection order? All right, let mehave a check. Oh, sir, you forgot to state the instruct

19、ion of D/A or D/Phere.M: Is it critical to the collection?W: Absolutely important. Without D/P or D/A instruction, the collecting bankwill only release documents against payment according to URC522.译文 女： 先生，打扰了，您的托收申请表填好了吗？好，我检查一下。哦，先生，您忘记在这里写明“承兑交单”还是“付款交单”了。男： 这对托收重要吗？女： 绝对重要。没有填写“承兑交单”还是“付款交单”，根据

20、522 号托收统一规则，代收行只能按付款交单放行单据。Dialog 2 M: Would you mind telling me the advantage of deferred payment credit?W: Right you are, sir. If you are going to issue a deferred payment credit, youneed not pay stamp duty on the bill of exchange under the credit becauseno draft is required.M: Oh, I see. But ther

21、e will be risk on the part of the beneficiary since he willnot get his payment at maturity.W: Dont worry about the payment. The credit is a definite undertaking ofpayment given by the issuing bank.译文 男： 请给我讲讲延期付款信用证的好处，好吗？女： 好的，先生。如果您打算开立延期付款信用证，您就不必为信用证项下的汇票支付印花税，因为根本不需要汇票。男： 哦，我明白了。但对于受益人来说可能有风险，因

22、为到期他可能拿不到付款。女： 不用担心付款。信用证就是开证行给您的一个确定的付款承诺。Dialog 3 W: Sorry, Professor. A question puzzles me so much. Is there any distinctionbetween a standby L/C and a commercial L/C?M: Yes, of course. There is a simple method to tell the difference. Justremember that in the event of dishonor or default in paym

23、ent or defaultin the performance of contract, a standby L/C will be set off, otherwise acommercial L/C will be used and it is a method of payment in the ordinarytrade.W: I understand that the standby L/C is used as a guarantee in the transactionsand the guarantor is the issuing bank.译文 女： 对不起，教授。我有个

24、问题弄不清，备付信用证与商业信用证有区别吗？男： 当然有啊。有个简单方法来区分。只要记住，在发生拒付或者不能履行合约的时候，备付信用证才被启用，否则，在正常的贸易中，一般使用商业信用证作为付款手段。女： 我明白，在交易中，备付信用证被用作为担保，而担保人就是开证行。Long ConversationsConversation 1 Types of Letters of CreditScripts & AnswersW: Morning, Professor!M: Morning, Zhang! What are you reading?W: Oh, Im reading my text

25、book of International Settlement, Professor. Ive a testtomorrow. I have to review the subject. I want to get a top grade this time.M: Very good. Now Ill give you an oral test to see how much you have learnt about thecourse.W: Id love to, Professor. Please, Im ready.M: Well, would you tell me the typ

26、es of letters of credit?W: Oh! It is a big question, but Im sure I can give the answer. There are many types ofletters of credit. For example, we may divide letters of credit into documentary creditsand clean credits according to whether or not it is accompanied by shipping documents.And the former

27、one is frequently used in international trade.M: Well, you do tip-top. Go ahead.W: OK. All the letters of credits must state whether they are revocable or irrevocable, andirrevocable credits are usually acceptable in foreign trade, because the irrevocablecredits cannot be modified or cancelled witho

28、ut agreement of all the parties concerned.M: Too right you are! How about the transferable documentary credits?W: The t ransferable documentary credit is one that specif ically authorizes thebeneficiary to transfer part or whole of the benefits of the letter of credit to someoneelse. Thus an exporte

29、r abroad can arrange the shipment of goods after the importeropens a transferable credit in favor of the exporter, and then he may transfer thebenefits of the credit to the actual supplier or suppliers of the goods through atransferring bank.M: Are there any other types of credits?W: Yes, of course.

30、 Letters of credit may be classified into confirmed credits andunconfirmed credits according to whether or not a third bank adds its confirmationto the letter of credit. The third bank will only confirm payment for the irrevocablecredit at the request of the issuing bank. According to UCP600, the is

31、suing bankundertakes the primary payment, and the confirming bank undertakes the secondarypayment. It is generally stated in the advice of the letter of credit by the confirmingbank as “The credit is confirmed by us” or “We hereby add our confirmation to thiscredit”. Sometimes the confirming bank ma

32、y undertake the primary payment, and thewords will appear like this “This credit bears our confirmation and we undertake thatdocuments presented for payment in conformity with the terms of this credit will beduly paid on presentation.” Without such words in the advice of the letter of credit, it isa

33、n unconfirmed credit.M: Well done. Go on, please.W: In addition, depending on the time of payment, letters of credit can also be dividedinto sight credits and usance credits. The bill of exchange drawn under a usance creditis usually a usance draft and it must be accepted by the issuing bank or a no

34、minatedbank. So the usance credit is also named as an acceptance credit. There are alsopayment credits or negotiation credits just according to who will make payment onthe presentation of the credit. If it is stated to be payable directly by the issuing bankor some nominated bank, it is a payment cr

35、edit. If it is stated to be negotiated by theadvising bank or any other bank, it is a negotiation credit.M: Excellent. Youve really done well. Im sure youve made it. I would give you an “A” ifyou were my student.W: Thank you very much, Professor. You know, my dream is to become a banker.M: Come on!

36、Your dream will come true, Im positive.译文 女： 早上好，教授。男： 早上好，张同学。你在看什么书？女： 哦，我的国际结算课本，教授。明天有考试。我必须复习这门课。我希望这次可以拿个最好成绩。男： 很好。现在我就给你口试一下，看你学得怎么样？女： 太好了，教授。开始吧。我准备好了。男： 行。你能说说信用证的种类吗？女： 哦，这可是个大问题。但我肯定能答得出来。信用证有很多种类。例如，我们可以根据是否随附有运输单据，将信用证分为跟单信用证和光票信用证。前者常常使用于国际贸易中。男： 好，不错。继续。女： 好。所有的信用证必须注明是可撤销还是不可撤销。对外贸

37、易中通常接受不可撤销信用证，因为没有相关各方的同意，不可撤销信用证不能被修改或被撤销。男： 你说得太对了。说说可转让信用证吧？女： 可转让信用证特别授权给受益人将信用证的部分或全部权益转让给其他人。这样，进口商开立了以外国出口商为受益人的可转让信用证以后，他可以安排货物的装运，然后通过转让行把信用证的部分或全部权益转让给实际供货商或供货商们。男： 还有其他种类的信用证吗？女： 当然有。根据是否有第三家银行对信用证加以保兑，信用证分保兑信用证和无保兑信用证。第三家银行一般应开证行的要求只对不可撤销信用证加以保兑。根据600 号跟单信用证统一惯例，开证行承担付款第一责任，保兑行承担第二责任。保兑行

38、通常在信用证的通知书中写明“本信用证由我行保兑”或者“我行对此信用证加以保兑”等字样。有时，保兑行可能对信用证的付款承担主要责任，保兑行会使用这些语句：“我行承担本信用证的保兑责任，只要提示的单据与信用证条款相符，我行保证及时支付。”如果信用证通知书上没有这样的语句，那就是无保兑信用证。男： 太棒了。请继续。女： 此外，信用证按照付款时间可以分为即期信用证和远期信用证, 远期信用证项下的汇票一般是远期汇票，必须由开证行或者其他指定的银行承兑该汇票。所以远期信用证也被冠名为承兑信用证。信用证还根据对谁提示单据并获得付款而分为直接付款信用证和议付信用证。如果信用证注明由开证行付款或某指定银行付款，

39、这就是直接付款信用证。如果信用证注明由通知行或者任何银行议付，这就是议付信用证。男： 太好了。你答得的确不错。我确信你学会了。如果你是我的学生，我会给你一个“A”。女： 非常感谢，教授。您知道，我的梦想就是成为一名银行家。男： 加油。我肯定你的梦想会成真的。Conversation 2 The Procedure for L/C BusinessScripts & AnswersW: Hello, Johnson! How are you?M: Nothing really. What about you?W: Quite well. Im busy preparing for the

40、 final examination. Ive reviewed the whole bookof International Settlement.M: What you said reminds me of some problems in my study. I have an elective course thisterm. My homework is to tell something about the L/C business tomorrow. Would youlend me a hand?W: It is a pleasure, Johnson. Well, you k

41、now, a letter of credit is issued by the issuingbank to the beneficiary. Its the issuing banks undertaking to pay the beneficiary ifthe shipment has been made under the credit and all the documents presented arecomplying with the terms and conditions of the credit.M: So a letter of credit serves as

42、a conditional payment promise of the issuing bank. Am Iright?W: Exactly correct.M: Please give me an example to show the procedure of the operation of L/Cs.W: Suppose ABC is an export-oriented corporation in Beijing. XYZ is an import companywith good credit standing in the United State. They have co

43、ncluded a sales contract.The settlement of the transaction is to be made by the means of an irrevocable letter ofcredit. XYZ will ask its bank to issue an irrevocable letter of credit in favor of ABC tocover the contract. Now, we say ABC is the beneficiary, and XYZ is the applicant of theL/C, and th

44、e importers bank is the issuing bank.M: Now, will ABC receive the letter of credit directly from XYZ?W: Absolutely no. You see, a letter of credit is usually advised through the issuing bankscorrespondent in the place of the beneficiary. So the correspondent bank is calledadvising bank.M: What will

45、the advising bank do after receiving the L/C from the issuing bank?W: It will verify the authenticity of the letter of credit by some test key and see if the L/C istrue.M: It is the step of checking L/C. And then?W: It will send the original letter of credit to the beneficiary and keep the copy on f

46、ile.M: So ABC has got the promise of payment from the importers bank.W: Right. Now ABC starts to effect shipment of goods and prepare the required documents.M: Will ABC get the payment as soon as the shipment is effected?W: No. After the shipment, the beneficiary will draw a sight draft on the issui

47、ng bank andpresent the letter of credit together with the draft and all the required documents to theadvising bank in Beijing.M: What will the advising bank do now?W: The advising bank will review all the documents. If they are OK, the bank willnegotiate the documents according to the terms of the c

48、redit. In this case, the advisingbank acts as a negotiating bank.M: And then the issuing bank will pay the negotiating bank, right?W: Of course. The issuing bank will reimburse the negotiating bank if it makes sure that allthe documents presented are complying with the terms and conditions of the cr

49、edit.M: Is it the end of the business?W: No. The issuing bank will inform the XYZ of the arrival of the documents, and requirethe company to repay the proceeds to the bank. And then the documents will bereleased to XYZ and XYZ will get the goods from the shipping company against thedocuments.M: Oh,

50、the operation of an L/C is more complicated than what I thought.W: Exactly. We should be careful when we handle the credit business, especially we shouldbe prudent in observing the credit terms and documents, or there will be a loss for boththe customer and the bank.M: Yes, Ill keep it in mind. I th

51、ink Ive learnt a lot. It is a great help to my presentation.Thanks a million.W: You are welcome. See you later.M: See you.译文 女： 您好，约翰逊。过的怎么样？男： 差不多吧。您呢？女： 很好。我正在准备期末考试。我已经复习了国际结算整本书。男： 您这话使我想起了学习中的一些问题。这学期我有一门选修课。明天的作业是讲讲信用证业务。您能帮助我吗？女： 很高兴，约翰逊。哦，您知道，信用证是开证行开给受益人的。它是开证行付款给受益人的保证，条件是按照信用证的要求装运货物，并且提示

52、的单据与信用证条款相符。男： 所以信用证就是开证行的有条件的付款承诺。对吗？女： 完全正确。男： 请用例子说明信用证业务的操作步骤，好吗？女： 假如ABC 是北京的一家以出口为主的公司。XYZ 是美国的一家信誉不错的进口公司。他们签订了销售合约。打算用不可撤销信用证结算交易。XYZ 要求其银行开立以ABC 为受益人的不可撤销信用证来付款。现在，我们说ABC是信用证的受益人，XYZ 是开证申请人，进口商的银行是开证行。男： ABC 这时是收到XYZ 直接寄来的信用证吗？女： 绝对不是。您知道，信用证一般是通过开证行在受益人所在地的代理行通知给受益人的。所以代理行被叫做通知行。男： 通知行收到开证

53、行送来的信用证以后做什么呢？女： 它会使用某种密押核实信用证的真伪。男： 这就是审证吧。然后呢？女： 它会把信用证原件交给受益人，保留一份复印件存档。男： 这样ABC 就拿到了进口商银行的付款承诺。女： 对。现在ABC 开始组织装运，准备需要的单据。男： ABC 完成装运后就可以拿到付款吗？女： 不行。装运后，受益人会开立一张以开证行为受票人的即期汇票，然后把信用证、汇票和所有必需单据一起提示给北京的通知行。男： 通知行现在做什么呢？女： 通知行要审单。如果单据没问题，银行会按照信用证条款议付单据。这时，通知行充当议付行。男： 然后开证行就会付款给议付行，对吧？女： 当然啦。只要开证行确认提示

54、的单据与信用证的条款相符，它将偿付议付行。男： 就这些吗？女： 没结束呢。开证行要把单据已到的消息通知给XYZ，要求该公司付款赎单。然后XYZ 凭单据从装运公司得到货物。男： 哦。我觉得信用证业务的操作比我想象的复杂得多。女： 的确。我们处理信用证时千万要仔细，尤其是在审查信用证条款和单据时要谨慎。否则客户和银行都会遭受损失。男： 是。我会记住的。我感到今天学到了很多。这对我明天的演讲很有用。非常感谢。女： 别客气。再见。男： 再见。IV LecturesLecture 1 Documentary CollectionsScripts & AnswersAll right, class

55、. Lets begin to study the operation of documentary collections.A documentary collection can be defined as the collection of a specified sum of money froma buyer on behalf of a seller against delivery of certain documents.Documentary collections facilitate the settlement of foreign trade transactions

56、. Thecollection service provided by a bank involves little risk and appears to be the least expensive.Under the URC522, once the documents are passed to the bank by the exporter, the bank hasan absolute right over the goods through the title documents. The right includes releasingdocuments, protecti

57、ng, warehousing and delivering goods on behalf of the exporter.There are generally four parties involved in a documentary collection:The first party is the principal. He is usually the seller or exporter, who presents thedocuments to his bank together with collection instructions.The second party is the exporters bank. It is called a remitting bank since it sends the coll