《外贸英语函电教程》课件Unit 6 Letter of Credit

Unit

6LetterofCreditEnglishCorrespondenceforInternationalTradeObjectivesTowriteanemailtourgethebuyertoopentheL/C1TounderstandtheemailnotifyingthesellertheopeningoftheL/C2To

write

an

email

to

notifythebuyertoamendtheL/C3Activities

Whattodo?01UrgingtheestablishmentofL/C02NotifyingtheopeningofanL/C03ProposingamendmentstoL/C04Languagepractice05Activity1Whatto

do?I.Readthefoursituationsbelowandtalkwithyourpartneraboutwhattheimporterortheexportershoulddoineachsituation.Matchthesituationswiththechoicesinthelist.Situation1TheimporterandtheexporterhaveagreedtodobusinessonL/Ctermsand

the

importer

has

just

established

the

relevant

L/C

through

the

Bank

of

China,

NewYorkBranch.Whatshouldtheimporterdo

next?B.TheimporternotifiestheexporteroftheopeningoftheL/C.Activity1Whatto

do?Situation2TheimporterandtheexporterhaveagreedtodobusinessonL/CtermsandtheshipmentistobeeffectedinMay.ThegoodsarereadyforshipmentanditisalreadyApril,buttheexporterhasn’treceivedtherelevantL/C.Whatshouldtheexporterdo?Situation3The

exporter

has

received

the

draft

L/C.

After

careful

checking,

the

exporterhasfoundthatthespellingofthebeneficiary’snameiswrong.Whatshould

the

exporter

do?A.TheexporterurgestheimportertoopentherelevantL/C.C.TheexporternotifiestheimportertoamendtherelevantL/C.Activity1Whatto

do?Situation4TheimporterandtheexporterhaveagreedtodobusinessonL/Ctermsand

the

shipment

is

to

be

effected

in

May.

The

exporter

doesn’t

receive

the

relevant

L/CuntilthemidofMay.ItisimpossibletoeffectshipmentinMayas

stipulated

inthePOsinceitistoolate.Whatshouldtheexporter

do?D.TheexporteraskstheimportertoextendtherelevantL/C.Activity2UrgingtheestablishmentofL/CI.

Supposeafriendborrowed1,000YuanfromyouinJanuaryandpromisedtorepayyouinJune,butitisSeptembernowandyouhaven'tgotthemoneyback.Textamessagetoyourfriendtoaskhimtorepayyouthemoney.Talkwithyourpartneraboutthemajorcontentsofyourmessage.

Contents:Reminding

your

friend

of

the

fact

that

1,000

Yuan

was

borrowed

and

hepromisedtorepayinJune.Emphasizingthefactthatthreemonthshavepassedbutnomoneyrepaid.Statingthatyouareinurgentneedofthe

money.Askingforrepaymentassoonaspossible.Activity2UrgingtheestablishmentofL/CII.ReadtheemailofurgingtheimportertoopentherelevantL/Cbelow.Thefourparagraphsaredisordered.Putthemintotherightorder.Activity2UrgingtheestablishmentofL/CFrom:tony@To:smith@Subject:Re:OpeningL/CforPONo.

123DearMr.

Smith,

The

shipment

date

is

approaching.

We

wish

to

remind

you

to

open

the

L/C

so

thattheshipmentcanbeeffectedwithinthestipulated

time.We

hope

to

receive

your

draft

L/C

within

the

next

week

in

order

to

avoid

the

delayof

shipment.In

order

to

avoid

subsequent

amendments

and

delay

in

shipment,

please

see

to

itthat

the

L/C

stipulations

are

in

exact

accordance

with

the

terms

of

the

PO.With

reference

to

PO

No.

123,

we

wish

to

inform

you

that

the

goods

have

beenreadyforquitesometime,butwehavenotreceivedtherelevantL/Cupto

now.

Best

regards,

Tony

WangOrder:4132Activity2UrgingtheestablishmentofL/CIII.WriteanemailtourgetheestablishmentofL/Cbasedonthefollowinginformation.Thepresentdate:Aug.4th,20152.PONo.:3453.Termsofpayment:byirrevocableL/Catsighttobeestablished30daysbeforethemonthofshipment4.Thedateofshipment:September,2015Activity2UrgingtheestablishmentofL/CDearMr.Smith,Re:OpeningL/CforPONo.345WithreferencetoPONo.345,wewishtoinformyouthatthegoodshavebeenreadyforquitesometime,butwehavenotreceivedtherelevantL/Cuptonow.TheshipmentdateinSeptember,2015isapproaching.WewishtoremindyoutoopentheL/Csothattheshipmentcanbeeffectedwithinthestipulatedtime.Inordertoavoidsubsequentamendmentsanddelayinshipment,pleaseseetoitthattheL/Cstipulationsareinexactaccordancewithtermsofpayment:byirrevocableL/Catsighttobeestablished30daysbeforethemonthofshipment.WehopetoreceiveyourdraftL/Cwithinthenextweek.

Bestregards,TonyWangActivity3NotifyingtheopeningofanL/CReadtheemailbelowandunderlinewhatkindofinformationisincludedwhennotifyingtheopeningofanL/C.Activity3NotifyingtheopeningofanL/CFrom:smith@To:tony@Subject:Re:OpeningL/CforPONo.

123Dear

Tony,

We

are

glad

to

inform

you

that

we

have

opened

today

an

irrevocable

L/C

No.226311inyourfavorforUSD30,000withtheBankofChina,(HongKong)

Limited,….(followed

by

the

address)

valid

until

May

25th,

2012.

Bank

of

China,

Beijing

Branch….(followedbytheaddress)willbetheAdvising

Bank.

TheL/CauthorizesyoutodrawatsightontheBankaftershipmentismade.

Please

presentthefollowing

documents.1)SignedCommercialInvoiceinthree

originals2)PackingListin

triplicate3)FullsetofOriginalBillofLadingshowing“toorder”andblank

endorsed,marked“freightcollect”notifyingGlobalForwarder,246LinKongRoad,

Shatian,NewTerritories,HKSAR,Tel.××××××,Fax

×××××4)PhotocopyofCertificateofOriginissuedbythepublicauthoritiesof

China.

GlobalForwarderwillactasourforwardingagent.Theywilldealwithmaking

and

dispatchingshippinginstructions.Pleasecontactthemaboutshippingmatters

and

fax

us

once

the

goods

have

been

shipped.

We

shall

expect

your

consignment

by

June.

Yours

sincerely,

SmithInformationaboutL/Clikenumber,value,banks,etc.Documentsneeded.forwarderActivity4ProposingamendmentstoL/CReadthefollowingtwoemailsaskingfortheimportertomakeamendmentstotheL/C.What’sthedifferencebetweenthestylesofthetwoemails?Whichonedoyouprefer?Rewritetheotheronebasedonthepreferredstyle.Activity4ProposingamendmentstoL/CEmail1From:tony@To:smith@Subject:Re.:IssuestoreviseL/CNo.

226311DearMr.

Smith,

ThankyouforyourL/CdraftforPONo.123.Pleasefindourcomments

highlightedredintheattacheddraft

L/C.

WecouldonlyacceptL/Catsight.30daysisnotworkablefor

us.IsitpossibletoopentheL/CbySCBorJP

Morgan?We’dliketochangetheloadingportto

Yantian.PleaseextendthedeliverydateandthevaliditydatetoMarch31stand

April15th

respectively.

Others

are

OK.

Please

help

to

amend

them

and

open

the

original

L/C.

We

wish

toreceiveitwithinnextweekinordertoeffectshipmentintime.Thank

you.

Best

regards,

TonyActivity4ProposingamendmentstoL/CEmail2From:tony@To:smith@Subject:Re:L/CNO.12345issuedbyBarclay’s

BankDearMr.

Smith,

WeherebyacknowledgewiththanksthereceiptofthecaptionedL/Cforthe

amount

ofUSD2,500coveringyourOrderNo.215for

rapeseed.

ItappearsthattheamountofyourL/Cisinsufficient,asthecorrecttotalCIF

valueof

your

order

comes

to

USD

2,650

instead

of

USD2,500

with

a

difference

of

USD150.

Furthermore,whenwebookedyourorder,wemadeitclearthatdeliveryshould

bemadewithinonemonthafterthereceiptofyourL/C.Nowyouareallowingus

only

half

a

month.

As

you

may

be

well

aware,

it

is

impossible

for

us

to

get

the

shipment

ready

in

such

a

short

period

of

time.

In

view

of

the

above,

you

are

requested

to

increasetheamountofyourL/CbyUSD150,makingatotalofUSD2,650,andalso

toextendthetimeofshipmentto31st

October.Yourpromptattentiontothismatterwillbe

appreciated.

Yours

sincerely,TonyActivity4ProposingamendmentstoL/CThefirstletterisbetterforthefollowingreasons:1)Itusesthesimplerexpressionsandsentences.2)Ithighlightstheamendmentstheexporterrequires.3)Theformatisclearandeasytoread.Activity4ProposingamendmentstoL/CTheimprovedversionofthesecondletter:DearSirs,Re:IssuestoAmendL/CNo.12345ThankyouforyourcaptionedL/C(No.12345).Pleasefindourcommentshighlightedredintheattachment.Theamendmentsareasfollows:TheamountshouldbeUS$2650insteadofUS$2500.PleaseextendtheshippingdatetoOct.31stasyourL/Creachedushalfamonthlate.PleaseextendthevalidityoftheL/CtoNov.15th.OthersareOK.HopetoreceiveyouramendedL/Cwithinnextweek.

Cheers,TonyKeystoLanguagepracticeI.TranslatethefollowingtermsintoEnglish.1.开立信用证2.修改信用证3.延展信用证4.信用证草本5.信用证正本

open/establishtheL/CamendtheL/CextendtheL/CL/CdrafttheoriginalL/CKeystoLanguagepracticeI.TranslatethefollowingtermsintoEnglish.6.信用证条款7.信用证有效期 8.采购/销售合同条款 9.不符点 10.在合同规定的时间内

L/Cterms/stipulationsvalidityoftheL/CPO/S.C.termsdiscrepancywithinthestipulatedtimeKeystoLanguagepracticeI.TranslatethefollowingtermsintoEnglish.11.以我方为受益人 12.安排装运 13.推迟装运 14.提前装运 15.将装运期延展到4月1日16.我方在此提醒/通知贵方

inourfavoreffectshipmentdelayshipmentadvanceshipmentextendtheshippingdatetoApril1stWewishtoremind/inform/notifyyou…KeystoLanguagepracticeII.Translation:fromEnglishtoChineseAccordingtothestipulationsofS/CNo.2035,youshouldestablishthecoveringL/CbeforeApril20th.2.YoumustexpeditethecoveringL/C,otherwiseweshallbeunabletoeffectshipmentbeforetheendofthismonth.3.The1,000piecesofsilkscarfarescheduledtobeloadedontoS.SWhiteCloudonApril11.PleaseexpediteyourL/CtotheendofApril.根据第2035号销售合同的规定，你方应该在4月20日之前开立相关信用证。你必须加速相关信用证的开立，否则我们将无法在本月底前装运。1000条丝巾预计于4月11日被装上白云号轮。请将信用证延展至4月底。KeystoLanguagepracticeII.Translation:fromEnglishtoChinese4.WithregardtoL/CNo.808,wehavealreadyinstructedtheopeningbanktoextendthedatesofshipmentandvaliditytoMay15thandMay30threspectively.5.Weherebyconfirmthedraft.Pleasehelptoopentheoriginalone.6.We’dliketochangetheloadingporttoYantian.关于第802号信用证，我们已经指示开证行分别将装运日期延展至5月15日，信用证有效期延展至5月30日。我们在此确认草稿件。请尽快开立正本。我们打算把装运港改为（深圳）盐田港。KeystoLanguagepracticeII.Translation:fromEnglishtoChinese7.Ourbankrefusestoacceptthesedocumentsduetothediscrepancy.8.Allbankcharges,includingdiscrepancyfeeandanywirecommissionwillbedeductedfromtheproceeds.9.TheshipmentcoveredbyyourL/CNo.598hasbeenreadyforquitesometime,buttheamendmentadvicehasnotyetarrived,andnowanextensionof15daysisrequired.由于不符点的问题，我方银行拒绝接受这些单据。所有的银行费用，包括不符点费用和一切电汇的手续费，都会在付款内扣。第598号信用证项下的货品已经备妥多时了，但是信用证的修改通知至今未到，所以现在需要将信用证展期15天。KeystoLanguagepracticeII.Translation:fromEnglishtoChinese10.Wehavecabledtoday,askingyoutoamendyourL/CNo.3429asfollows:今天我们发了电报，要求你方将第3029号信用证修改如下。KeystoLanguagepracticeIII.Translation:fromChinesetoEnglish1.请尽快修改信用证，以便我们安排装运。2.我们已经开出以贵方为受益人的信用证，特此通知。3.由于还没有收到信用证的修改通知，请将船期和信用证有效期分别延展至8月10日和8月25日。PleasemakeamendmentsoftheL/Cassoonaspossiblesothatwemayarrangeshipment.We