外贸函电培训第九单元.pptVIP

L/C Amendment Extension Points for attention: 1.letter of credit is a form of payment in foreign trade. In a business deal, the exporter usually requires the importer to open a L/C to enable the exporter to draw on a named抵押协议 bank when he presents his documents. 2.The L/C must state the maximum amount ,the duration of the credit, the term of draft and the shipping documents that are to be sent with the draft. 3.Care must be taken by the exporter in scrutinizing the credit to see if all the terms and conditions in the L/C can be complied with the contract and if not, amendments should be made well before shipment. Otherwise, the exporter must run the risk of his draft dishonored by the bank. 4.When the seller finds that there are some discrepancies in the L/C, the seller should send an advice to the buyer, asking him to make an amendment. Sometimes an unexpected situation with regard to supply, shipment, etc may arise. In this case, an amendment to the original L/C will also be required. 5.Not only can the seller ask for amendment to an L/C, but the buyer can ask for amendment if he finds something in the L/C that needs to be altered. The usual procedure is that the buyer should first obtain consent from the seller and then instruct the opening bank to amend the L/C. The request for L/C amendment is usually made by telex, cable, or fax. Structure of the Letter The letter in the book contains four parts: 1. Thanking/Informing the buyer for/or their opening of the L/C , and stating the impropriety in the L/C. 2. Explaining the reason for the need of amendment 3. Specific suggestions for amendment 4. Wishing the reader to send the amendment without delay. The First Part Thanking/Informing the buyer for/or their opening of the L/C , and stating the impropriety in the L/C. (对买方开立的信用证表示感谢/收到，同时指出不妥之处。） We have received your L/C … Thank you for your L/C… Your L/C No… has arrived. We are in receipt of your L/C No… With regard to your L/C… The Second Part Explai