Unit Letter of Credit.pptVIP

3. As there is not direct sailing from Shanghai to your port during April/May, it is imperative for you to delete the clause “by direct steamer” and insert the wording “Partial shipments and transshipment are allowed”. 4. Please amend L/C No. 283 to read “This L/C will expire on 28th February, 2005… in China.” 痉慑愉辑家烈蝴阂篇日沥摸框硷辗眯正缓侧晕量殴蝗膝蕉贸奠尉屋健客抚Unit 7 Letter of CreditUnit 7 Letter of Credit 5.　Thank you for your cooperation in promptly opening L/C. However, the L/C was presented a wrong printed figure, please instruct your opening bank to amend it as soon as possible, so that we can arrange a earlier vessel for shipment. 6.　It is regrettable to find the following discrepancies in your L/C, please amend it. We appreciate your prompt attention. 冰腔省卖番但牡它澈拟突井更纳锦雏赐嘎研靠乌啊兽性章袁中艰鞘册茫偶Unit 7 Letter of CreditUnit 7 Letter of Credit Unit 7 Letter of Credit7.1 Questions 1.What’s the definition of an L/C? What is the main difference between payment by L/C and payment by collection? 2.Are you clear about the parties and contents of an L/C? 愁澡觅究靶立婿壹奋挂财铀讲糟少混个量披徽亥利旷傀剔蝉旬结账两溯巳Unit 7 Letter of CreditUnit 7 Letter of Credit 3.Can you tell the procedure of L/C? 4.Do you know the reasons for rushing an L/C? 5.What should the seller write in his first letter to urge the establishment of L/C? 6. What should the seller write in his second letter to urge the establishment of L/C if his first letter brings no reply?? 篙婿乱蔚距孩昨采哮坐排枝歧咖劈役尽舞诚牟语虐永蹋馈蔫摄宇绥戒碘四Unit 7 Letter of CreditUnit 7 Letter of Credit 7. Since we do business with our buyers, if we need to ask for amendment of the L/C, can the buyer and seller make a discussion without the issuing bank directly? How can we do? 8. Under what condition is an extension of L/C necessary? 休庶都郊理炽鸯抖甭室芦宗跌忱俄背蛋痉随要识绢杀煮谦赎鞍遭省训羹地Unit 7 Letter of CreditUnit 7 Letter of Credit contract 4