单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级二级二级二级二级二级二级二级二级二级二级,第三级,第四级,第五级,*,Chapter 6 Letter of Credit,Learning Objectives:,Know the procedures of L/C establishment.,Understand how to urge the L/C establishment and how to request L/C extension.,Master the ways of L/C checking.,Learn how to request the L/C amendments.,1,.Advising the Establishment of L/C,Dear Sirs,Re:Advising the Establishment of L/C,Its a great pleasure to have reached an agreement on Excavator Type XXX with you two weeks ago.As we have required,you have to effect the shipment of the goods as soon as possible.Therefore we have already established our L/C No.XXX dated May 28 for Sales Confirmation No.XXX through the Bank of China，Beijing Branch,valid until July 12.Please make the shipment in time.,As to the quality and the performance of your products,we think it is necessary for you to keep them in exact accordance with the samples.Any inconsistency with the required quality and performance of the products will be detrimental to our future business.,Best regards to you.,Yours sincerely,2,.Urging the Establishment of L/C,Dear Sirs，,Re:Urging the Establishment of L/C,We wrote a letter to you on XX August to confirm having received your Order for XX sets of Drilling Machines Type XXX and we,accordingly,enclosed the original of our Sales Confirmation No.XXX,which stipulates the shipment should be made by the end of October and the L/C should reach us one month before the shipment date.Now the shipment date is approaching,but your L/C has not been received by us.We think your immediate attention should be called on to this matter.,Therefore,we have to write to you again for urging your establishment of the above-mentioned L/C in order to enable us to execute your order smoothly.,We thank you for your cooperation.,Truly yours,3,.Checking the L/C and Requesting Amendments to L/C,Dear Sirs,Re:L/C No.XXX Issued by Barclays Bank,London,We wish to acknowledge receipt of the above-mentioned L/C,covering your order for XX sets of Electronic Computers Type XX.After checking,we have found some discrepancies.Please amend the L/C as follows:,(1)The amount both in figures and in words should respectively be 12,480 and Say Pounds Sterling Twelve Thousand Four Hundred and Eighty Only.,(2)“Draft to be at sight should be instead of“at 60 days after sight.,(3)The port of destination should be“London instead of“Liverpool.,Your early fax amendment to the L/C will be highly appreciated.,Sincerely yours,4,.Granting Amendment to L/C,Dear Sirs,Re:Granting Amendment to L/C No.XXX,We are in receipt of your letter dated XXX and have to apologize to you for making mistakes in the captioned L/C,which are made due to the negligence of our new employee.,We now inform that we have already instructed our Bank to amend the relevant L/C by fax with the least possible delay.We believe our Bank would certainly pay its prompt attention to this matter when they have received our instructions.,As we are in urgent need of the goods,we hope this amendment of L/C will not effect your punctual shipment of the goods.,Lets express our apology to you again.We are expecting your favorable reply.,Truly yours,5,.Requesting Extension of L/C,Dear Sirs,Re:Requesting Extension of L/C,We thank you very much for your L/C No.XXX dated XXX,covering your order for Type XXX Children Bicycles.According to our Sales Confirmation,it is our duty to deliver the goods to you next month.But to our great regret,3 days ago,our No.2 Workshop was caught on fire.This fire disaster has destroyed our manufacturing equipment in the workshop and made our steel pipes deformed.As a result of this,we have to stop our production to repair our equipment and to buy new materials from the other supplier for manufacturing your bicycles.It is clear that we shall not be able to get our goods ready for shipment next month.Therefore,we request you to extend the shipment date to November 5 and the validity of your L/C to November 20.,Please amend your L/C immediately and accept our apology.,Truly yours,6,.L/C Checking and L/C Amending,The ways of checking the letters of credit in English according to the given Chinese Contract terms and the ways of asking the Buyers to amend the letters of credit in English.,参见教材P79,7,Sentences for Doing English-Chinese and Chinese-English Translating Practices:,1.In spite of our repeat requests,your L/C has not reached us up to now.Please open the credit by fax immediately to enable us to effect shipment in October.,尽管我方再三要求，你方信用证至今仍未收到。请立即用 开立信用证，以使我方能在10月发货。,2.We may accept deferred payment if the quantity is over 10,000.,如果数量超过10,000，我方可接受延期付款。,3.We suggest you to pay by bill of exchange at 30 days documents against acceptance.,我们建议你们以30天期承兑交单支付。(documents against acceptance可缩写为D.A.或D/A),4.Our draft on you at 60 d/s in favor of XX Corporation will be presented to you by Bank of China,Shanghai Branch and we would be grateful if you would kindly give it your protection。,我方开给你方的以XX公司为收益人的60天期汇票将由中国银行上海支行提呈你方。如