(国际商务英语函)Unit 8 Letter of Credit.ppt

Unit 8 Letter of Credit Situational Introduction Mr. Zhang: A letter of credit is a bank payment arrangement where the bank undertakes to pay the letter of credit’s beneficiary upon presentation of acceptable documents. It is the most reliable and safe method of payment and it helps the trade with unknown buyers and gives protection to both sellers and buyers 信用证是一种通过银行进行的付款方式，籍此银行承担在收到恰当的文书材料时向信用证的收益人付款。它是一种最可靠最安全的付款方式，它能协助与陌生买方交易并保护买卖双方。 ObjectiveAfter learning this unit, students should be able to: 1.be familiar with the status of Letter of Credit in international trade as a mean of payment 2.know about the issuing process of L/C 3.master the various sentence structures of discussing the usage of L/C. Background Knowledg Payment plays an important role in international trade. It is often more complicated than payment in home trade. Clearly, the seller runs certain risks of non-payment if he delivers goods before payment has been made, and the buyer pays several months before he does not even see his goods. Thus both sellers and buyers are welcoming a certain payment method that is safe to both of the parties. In this unit such type of payment will be discusses which is Letter of Credit. Background Knowledge 付款这一环节在国际贸易中扮演着重要的角色，它往往比国内贸易要复杂的多。很显然，卖方如果在未收到货款之前就交货或买方在没见到货品之前就付款都需要冒一定的风险。因此买卖双方都希望能有一中对彼此都安全的付款方式。本章就是要学习这样一种方式；信用证。 Are you willing to pay before you actually see the product you want to buy? Are there any methods to avoid the risk of such purchase? What method of payment do you prefer if you were the buyer? What method of payment do you prefer if you were the seller? The issuing process of letter of credit is as follows: The issuing process of letter of credit is as follows: 1.买卖双方签订销售合同 2.买方申请开立信用证 3.开证行发信用证到通知行以供验证 4.通知行告知卖方已收到信用证 5.卖方发货 6.卖方提交材料从通知行处得到货款 7.开证行付通知行货款 8.开证行提交给买方单据以得到补偿 Mr. Zhang: Here let us have a look at a sample letter of credit to have a general idea about it. Canadian Commercial Bank Irrevocable Credit No.1234 Internati