《国际结算:理论·实务·案例(双语教材)》chapter 7 part2.pdfVIP

《国际结算:理论·实务·案例(双语教材)》chapter 7 part2.pdf

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《国际结算:理论·实务·案例(双语教材)》chapter 7 part2

Chapter 7 LetterLetter ofof CreditCredit PartPart 22 TypesTypes ofof letterletter ofof creditcredit Documentary Credits StandardStandard DocumentaryDocumentary CreditsCredits SpecialSpecial DocumentaryDocumentary CreditsCredits Irrevocable Credits TransferableTransferable CreditsCredits Confirmed Credits Back-to-back Credits Unconfirmed Credits ReciprocalReciprocal CreditsCredits Sight Payment Credits Anticipatory Credits Deferred Payment Credits Standbyy Credits AAccepttance CCreditdits Negotiation Credits StraightStraight CreditsCredits 11. IrrevocableIrrevocable CreditCredit (不可撤销信用证) An irrevocable documentary credit can not be cancelled without the arranggement of all parties to the credit. UnderUnder UCP600UCP600, allall lettersletters ofof creditcredit areare deemed to be irrevocable unless otherwise stated. Here, the importer’s bank gives a bindingg undertakingg to the supppplier provided all the terms and conditions of the creditcredit areare fulfilled.fulfilled. UndertakingUndertaking ClauseClause We (Issuing Bank) hereby issue the Irrevocable Documentary Credit in your favour. It is subject to the Uniform Customs and Practice for Documentary Credit (2006 Revision International Chamber of Commerce Publication No.600) and engages us in accordance with the terms thereof, and especially in accordance with the terms of Article 7a thereof. InIn casecase amendment(s)amendment(s) havehave beenbeen issuedissued under the L/C, a beneficiary’s certificate is toto bebe presentedpresented me

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