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Letter of credit in a sentence

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Sentence count:179+1Posted:2017-09-07Updated:2020-07-24
Similar words: line of creditget the better ofbetter offbe better offletter of intentcreditcreditscreditedMeaning: n. a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit. 
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31. A letter of credit is often confused with a bank guarantee, which is similar in many ways but not the same thing.
32. Documentary letter of credit is universally applied in modern international trade. It is called the 'life blood of international commerce'.
33. Box 6: Customer's Number, Letter of Credit Number, and etc. may be included if required.
34. But as of this date, we still have not received your covering letter of credit.
35. The bank has made out an irrevocable letter of credit.
36. The only term of payment we can accept is 100 % irrevocable documentary letter of credit.
37. Time of delivery is within 3 month after receipt of the purchase order, down payment or irrevocable confirmed letter of credit, as well as clarification of all technical details.
38. The letter of credit in the international trade is one most important receipts and disbursements way.
39. The bank in Ecuador will instruct its agent bank in the United States to establish a letter of credit.
40. Documents issued earlier than the opening date of Letter of Credit shall not be acceptable.
41. This letter of Credit is subject to the Uniform Customs and Practice for Documentary Credits (1983 Revision), International Chamber of Commerce, Publication No. 400.
42. The analysis of the issues and risk in the Domestic Letter of Credit.sentencedict .com
43. The thesis first reviews the definitions of a standby letter of credit given by the international government and America, and then concludes the definition.
44. It grew from the traditional commercial letter of credit, and inherited the characteristics of the letter of credit, independence principle and strict compliance standard and so on.
45. This performance bond will become operative only after receipt in opener's bank of an irrevocable operative letter of credit.
46. We insisted on payment by a confirmed, irrevocable letter of credit.
47. Total: 5050 $ Settlement term: Confirmed and irrevocable letter of credit at sight Shipment term: Ship in 3-4 weeks after receiving credit The quoted price should be confirmed by us at last.
48. Compelled with the normal letter of credit and the letter of indemnity, the standby letter of credit is a kind of bank guarantee in the letter of credit form essentially.
49. This letter of credit the usance drafts drawn under according to be negotiated at sight basis.
50. We intimate to you that we have issued a commercial letter of credit.
51. We have instructed our bank to open an irrevocable documentary letter of credit in your favor ( in favor of you ).
52. As soon as we receive the sale note, we letter of credit in your favour.
53. For a tiny scal of bads on advertised promotion, we feel it unwhispered to HAs a letter of credit opened since the charges resulting tITe since be to increase we cost account.
54. May I withdraw money against the letter of credit here?
55. In the letter of credit only coverage for all marine risks was requested.
56. Therefor, according to TIC and contractual specifications, they need to add this provision to the letter of credit.
57. The payment of this contract is via By Irrevocable, transferable , at sight letter of credit(L/C).
58. Please be advised that our imported goods are normally paid by the Sight Letter of Credit, which we assume will be approved by you.
59. Payment should be made by irrevocable and confirmed letter of credit.
60. A letter of credit is a written payment instrument issued by a bank at the request of a customer . It will be sent to the exporter to make shipment and prepare the documents specified in the L/C.
More similar words: line of creditget the better ofbetter offbe better offletter of intentcreditcreditscreditedon creditaccreditcreditordiscredittax creditcredit cardaccreditedcreditablecredit linecreditworthystore creditcredit limitcredit unioncredit bureaucredit crunchcredit ratingcredit reporta matter ofcredit balancediscreditableaccreditationcreditor nation
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