商务英语写作教程（第三版）课件：LC payment

商务英语写作教程（第三版）L/CPaymentAdviceofL/CestablishmentIfthesellerandthebuyeragreeonL/Cpaymentterms,aftertheacknowledgementoftheorderandthesigningofthecontract,thebuyerwillarrangefortheopeningoftherelevantL/Cwithabank.AssoonastheL/Cisopened,thebuyerwillimmediatelynotifytheselleroftheestablishment.Thiskindofletterusuallyhasthefollowingstructure:TellthereaderthattherelativeL/Chasbeenopened,detailingthenameofthebank,L/Cnumber,amountanditsexpirationdateandsoon.Specifytheshippingdocumentsthatthesellerneedstoprepare.Showexpectationforthearrivaloftheorderedgoods.ExamplesTellthereaderthattherelativeL/Chasbeenopened,detailingthenameofthebank,L/Cnumber,amountanditsexpirationdateandsoon.Eg.Wewritetoinformyouthatwehavenowopenedanirrevocableletterofcreditinyourfavorfor$253,600withtheABCBank,London,validuntilDecember20,2006.Dearsirs,Wewritetoinformyouthatwehaveopenedtheconfirmed,irrevocableLetterofCreditNo.6782withtheBankofChina,London,validuntil21November.Theletterofcreditauthorizesyoutodrawadraftat60days’sightonthebankfortheamountofyourinvoiceaftershipmentismade.Beforeacceptingthedraft,thebankwillrequireyoutoproducethefollowingdocuments:BillsofLadingintriplicate,CommercialInvoice,PackingList,CertificateofInsuranceandCertificateofOrigin.Asthesellingseasonisdrawingnear,ourbuyersareinurgentneedofthegoods.PleasearrangeshipmentofthegoodsassoonastheL/Creachesyou.Wewouldliketostressthatanydelayinshippingourorderwillinvolveusingreatdifficulty.Ihopeyouwillletusknowatyourearliestconveniencethenameofthecarryingvesselandthedateofsailing.,Thankyouforyourcooperation.Yourssincerely,LettersofurgingL/CWhenurgingestablishmentofL/C,thesellershouldpointoutatthebeginningthatthegoodsorderedarereadybuttherelevantL/Chasnotyetcometohand.Then,thesellerwillprobablyremindthebuyeroftheconsequencesthedelayedL/Cmightleadto.Thelastparagraphistheseller’sexpectationforthebuyer’spromptattentiontotheL/C.ExamplesThesellershouldpointoutatthebeginningthatthegoodsorderedarereadybuttherelevantL/Chasnotyetcometohand.Eg.Withreferencetothe4,000dozenShirtsunderourSalesConfirmationNo.C215,wewishtodrawyourattentiontothefactthatthedateofdeliveryisapproaching,butwestillhavenotreceivedyourcoveringLetterofCredittodate.Then,thesellerwillprobablyremindthebuyeroftheconsequencesthedelayedL/Cmightleadto.Eg.Astheshipmentdatewillsoonfalldue,wemustpointoutthatunlessyourL/Cisreceivedbeforetheendofthismonth,weshallnotbeabletoeffectshipmentwithinthestipulatedtimelimit,andthatanyconsequentlosswillbeforyouraccount.Thelastparagraphistheseller’sexpectationforthebuyer’spromptattentiontotheL/CEg.WehopethisletterwillreceiveyourpromptattentionandtherequiredL/Cwillbeopenedwithoutanyfurtherdelay.Asthematterisurgent,weshouldbegratefulforyourearlyreplySupplementarysamplelettersDearSirs,Re:UrgingEstablishmentofL/CWithreferencetoourSalesContractNo.123covering2000dozenofThermosFlask,weregrettoinformyouthatwehavenotreceivedyourrelevantL/C,thoughyoupromisedtoestablishtheL/Cimmediatelyafterthesigningofthecontract.Accordingtothecontractstipulation,shipmentistobeeffectedbeforeNovember10,2003.PleasenotethatifyourL/Ccannotreachuswithinoneweek,weareafraidthatdeliverywillhavetobepostponed.PleasegivethismatteryourimmediateattentionandexpeditethecoveringL/Csothatwecaneffectshipmentwithoutanydelay.WehopetoreceiveyourL/Csoon.

Yourssincerely,DearMr.Jones:WithreferencetoourSalesConfirmationNo.825datedAugust10,2002,weregrettosaythatyourletterofcredithasnotyetreachedusuptothetimeofwriting.ThishascausedusmuchinconvenienceaswehavealreadymadepreparationsforshipmentaccordingtothestipulationsofthesaidSalesConfirmation.Youmustbeawarethatthetermsandconditionsofacontractoncesignedshouldbestrictlyobserved,failuretoabidebythemwillmeanviolationofcontract.IfyourefertoourSalesConfirmation,youwillseetheclausereading:"TheBuyershallestablishthecoveringLetterofCreditbefore30thAugust,2002,failingwhichtheSellerreservestherighttorescindthecontractwithoutfurthernotice."Thegoodsyouorderedhavebeenreadyforquitesometimeandthedemandoflatehasbeensogreatthatwefindithardtokeepthemforyouanylonger.However,inconsiderationofourfriendlybusinessrelations,wearepreparedtowaitforyourL/C,whichmustreachusnotlaterthanOctober5,2002.IfweagainfailtoreceiveyourL/Cintime,weshallcancelourSalesConfirmationandaskyoutorefundtousthestoragechargeswehavepaidonyourbehalf.Yourcooperationinthisrespectwillbeappreciated.Yourssincerely,

LettersconcerningL/CamendmentAletteraskingfortheamendmentorextensionoftheL/Cusuallyhasastructureasfollows:Atfirst,theletterthanksthebuyerfortheopeningoftherelevantL/C.Then,thesellertellsthebuyerthattherearesomediscrepanciesbetweenL/CandcontracttermsandtheL/Cneedstobeamended.Orforonereasonoranother,shipmentcannotbemadeontime,thesellerasksthebuyertoextendtheL/C.ThesellerspecifiesthespecificL/CamendmentrequirementsortheextendedshipmentdateandL/Cvalidity.Thelastparagraphshowstheseller’spositiveexpectationfortheL/Camendmentorextension.ExamplesAtfirst,theletterthanksthebuyerfortheopeningoftherelevantL/C.Then,thesellertellsthebuyerthattherearesomediscrepanciesbetweenL/CandcontracttermsandtheL/Cneedstobeamended.Orforonereasonoranother,shipmentcannotbemadeontime,thesellerasksthebuyertoextendtheL/C.Eg.1)WethankyouforL/CNo.394for20M/TofcrabsagainstS/CNo.EX55.Butmuchtoourregret,therearetwodiscrepanciesbetweentheL/CandtheS/C.2)WethankyouforyourL/CNo.256concerningourS/CNo.23,butregrettofindthattherearecertainpointswhichdonotagreewiththetermsofthesalescontract.

3)WethankyouforyourLetterofCreditNo.1432coveringthe2000unitsoflaserprinters.Wearesurethatgoodsofthebestqualitywillfindasteadymarketinyourarea.

Owingtotheheavycommitmentoftheorders,ourmanufacturerhastodelaythesupplyofyourorderNo.8797untiltheendofSeptember2006.ItisestimatedthatthegoodsaretobereadyforshipmentthroughS.S.“SilverSky”fromShanghaionoraboutOctober5.ThesellerspecifiesthespecificL/CamendmentrequirementsortheextendedshipmentdateandL/Cvalidity.Eg.1)Herebywelistthediscrepanciesbelowforyourattention:ItisstipulatedinourS/CNo.EX55thatshipmentshouldbemadeonorbefore31stofOctober,ButtheL/Cstates:“latestshipmentdate:20thofOctober,2006”.OurS/Cstates:Partialshipmentandtransshipmentallowed,whereastheL/Csaysthattransshipmentisprohibited.2)Weneedtorequestyoutomakethefollowingamendments:1.Thequantityshouldread:2000metrictons(5%moreorlessatSeller’soption).However,inyourL/C,“5%moreorlessatSeller’soption”isomitted.2.Partialshipmentandtransshipmentshouldbeallowed.3.ThelastshipmentdateshouldbeextendedtoendNovemberandthevalidityofthecredittoDecember15.3)ItwouldbeverymuchappreciatedifyoucouldextendtheshipmentdateofyourL/CtoOctober10andvaliditytoOctober25.Thelastparagraphshowstheseller’spositiveexpectationfortheL/Camendmentorextension.Eg.1)Wewouldlikeyoutomaketheabove-mentionedamendmentsimmediately.Wewon'tbeabletoshipthegoodsintimeiftheamendmentscometoolate.Wearewaitingforyourquickreply.2)WelookforwardtoyourextensionoftheL/C.SupplementarysamplelettersDearSir,WearepleasedtoinformyouthattheL/CNo.LRT802457issuedbyMetitaBankunderourS/CNo.GW2005x06hasjustbeenreceived.However,onexaminingtheclausescontainedintheL/C,weregretfullyfindthatcertainpointsarenotinconformitywiththetermsstipulatedinthecontract.Thediscrepanciesarelistedasfollows:1.thenameoftheapplicantshouldread“F.T.C.CORP”insteadof“F.T.C.CO”.Theletters“RP”aremissing.2.deletetheclause“partialshipmentsarenotallowed”.Itshouldbe“partialshipmentsar