L.C信用证公共课

L.C信用证公共课LetterofCredit(L/C)Contents1

AnOverviewofL/C2

ProceduresofL/C3

Typesofcredit4

KeyIssuesunderL/C1.AnOverviewofL/CAmongvariouswaysofpaymentininternationaltrade,L/Cisthemostcommonlyusedmeansofpayment,becauseitisreliableandsafe.1.1DefinitionofL/CAL/Cisawrittenundertaking（书面承诺）byaissuingbank（开证银行）giventotheseller/beneficiary（卖方/受益人）attherequest,andontheinstruction,ofthebuyer/applicant（买方/申请人）topayatsightoratadeterminablefuturedateuptoastatedsumofmoney,withinaprescribedtimelimitandagainststipulateddocuments（凭规定的单据）whichwerecompliedwiththetermsandconditionsofthecredit.1.2

ContentsofaL/C1.Typeofthecredit（信用证类型）2.Creditnumber（信用证号码）3.PlaceandDateofissue（签发地点和日期）4.Dateandplaceofexpiry（到期日期和地点）5.Applicant（开证申请人）6.Beneficiary（受益人）7.Advisingbank（通知行）8.Amountofcredit（信用证的金额）9.Nominatedbankandcreditavailability（指定银行和可用信用证）10.Partialshipment（分批装运）1.2

ContentsofaL/C11.Transshipment（转运）12.Insuranceclause（保险条款）13.Shipmentaddress（装运地）14—20.Documentsneedtobepresented（需要提交的文件）21.Thelatestdateforpresentationofthedocuments（提交文件的最近日期）22.Advisinginstruction（建议）23.Banktobankinstruction（银行对银行指令）24.Numberofpages（页数）25.Signature（签名）1.3PartiesinvolvedinaL/C

ApplicantoropenerIssuingbankoropeningbank（开证行）AdvisingbankBeneficiaryNegotiatingbank（议付行）Confirmingbank（保兑行）2.ProceduresofL/CSeller/BeneficiaryAdvisingbank/DesignatedbankBuyer/ApplicantIssuing

bankShippingcompany①contract②applicationandcashdeposits③opensaL/C④adviseL/C⑤examineandrequireanamendment(修正案)

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preparedocuments⑦payment⑧Forwardsdocumentsandclaimingreimbursement⑨examinedocumentsandaskthebuyertoredeem⑩pickupgoods2.ProceduresofL/CStep1:Abuyerandasellerenterintoasalescontractprovidingpaymentbyadocumentarycredit.Step2:Thebuyerinstructstheissuingbanktoissueadocumentarycreditinfavoroftheseller.Step3:Theissuingbankopensadocumentarycreditaccordingtotheinstructionsoftheapplicant.2.ProceduresofL/CStep4:Theissuingbankasksanotherbank,usuallyinthecountryoftheseller,toadviseandperhapsalsotoadditsconfirmationtothedocumentarycredit.Step5：Thesellerexaminesthedocumentarycredit,andrequiresanamendmentofthecreditifnecessary.

Step6:Thesellerexaminesthedocumentarycreditandpreparesfortherequireddocuments.2.ProceduresofL/CStep7:Thesellerpresentshisdocumentstotheadvisingbankforsettlement.Step8:Thenegotiatingbankforwardsdocumentstotheissuingbank,claimingreimbursementasagreedbetweenthetwobanks.Step9:Theissuingbankexaminesthedocumentsandreimbursesthenegotiatingbank.Step10:Thebuyerredeemsthedocumentsandpicksupthegoodsagainstthedocuments.3.Typesofcredit1.Accordingtotheattachingofdocuments1)Clean（光票）credit

2)Documentary（跟单）credit2.Accordingtotherevocability（可撤销）ofcredit

1)Revocablecredit2)Irrevocablecredit3.Accordingtothetransferability（可转让）ofcredit1)Transferablecredit

2)Non-transferablecredit4.Accordingtotheaddingofconfirmation

1)Confirmed（保兑）credit

2)Unconfirmedcredit5.Accordingtothetimeofpayment

1)Sightcredit2)Usanceortimecredit3.Typesofcredit6.Accordingtothemethodofpayment1)SightPayment（即期付款）credit

2)Deferredpayment（延期付款）credit3)Acceptance（承兑）credit

4)Negotiation（议付）credit7.Accordingtothecreditamounttobeusedrevolvingly

1)Automatic（自动式循环）

2)Semi-automatic（半自动式循环）

3)Non-automatic（非自动式循环）

8.Othercredits1)Redclause（预支）credit

2)Backtoback（背对背）credit3)Reciprocal（对开）credit4.KeyIssuesunderL/C4.1UrgingEstablishmentofL/CloadThestructureofwritingaletterurgingestablishmentofL/C:1.Opentheletterinapositiveway.Forexle,inthefirstparagraphthesellerusuallyinformsthebuyerthatthegoodsarereadyfordispatchorthattheshippingspacehasalreadybeenbooked.2.PolitelypushthebuyerstoopentheL/Cwithoutdelay,eitherbyreferringtothestipulationsofthecontractorbyremindingthebuyersoftheseriousnessofnotopeningtheL/Cintime.3. Expressexpectationsandaskthebuyerstotakeimmediateaction.SleLetter

DearSirs:

Withregardto150metrictonsofchemicalfertilizersunderS/CNo.005,wehavegotthegoodsreadyforshipmentonscheduleascontracted.Asthedateofshipmentisdrawingnear,wewonderwhetheryouhaveopenedtherelevantL/Cforthefirst75M/TforshipmentduringMay/June.PleaseopentheL/Cassoonaspossiblesoastoenableustoexecuteyourordersmoothly.

InordertoavoidsubsequentL/Camendment,pleaseseetoitthattheL/Cstipulationsareinexactaccordancewiththecontractterms.

Yourpromptreplywillbeappreciated.

Yoursfaithfully4.KeyIssuesunderL/C4.2L/CAmendment&Extensionload,,,ThestructureofwritingaletteraskingforL/Camendmentorextension:1.AcknowledgereceiptoftheL/Candthankthebuyerforopeningit.2. Pointouttheproblempolitelyandaskthebuyertomaketheamendmentaccordingly.Usually, detailedandcourteousexplanationsforsucharequestshouldbeprovided.3. Endtheletterinawaythatencouragesthe buyertotakeimmediateaction.SleLetterDearSirs,WearenowpleasedtoinformyouthatL/CNo.211issuedbytheDeutschBankforourS/Cno.005hasjustbeenreceived.However,uponcheckingtheclausesco