Similar words: line of credit, get the better of, better off, be better off, letter of intent, credit, credits, credited. Meaning: 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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61. In many cases , reinsurers use bank letter of credit facilities to provide security for ceding companies.
62. Payment will be made by paying your sight draft under our irrevocable letter of credit.
63. As to the terms payment we usually require letter of credit draft.
64. And to propose preventive measures to the letter of credit payment system can be more complete.
65. Our terms of payment is confirmed and irrevocable letter of credit.
66. We hereby request you to open by cable an irrevocable sight Letter of Credit for the amount of...in our favor, with which we can execute the above order according to the original schedule.
67. About paying condition, we demand a letter of credit to underbondgenerally , the demand bill being not allowed to cancel , being based on pays.
68. Our usual terms of payment are by confirmed , irrevocable letter of credit in our favour, reaching us one month ahead of shipment.
69. Before shipment, the exporter usually there are two ways to obtain financing: an advance of credit or letters of credit and terms of said red, said green packaging terms of credit or letter of credit.
70. The letter of credit is subject to the uniform customs and practice for documentary credits of the international chamber of commerce.
71. So it is very important to make it clear about the legal relationship between code of letter of credit settlement and marine law.
72. We still intend to use letter of credit as the term of payment.
73. We have opened a Letter of Credit No.1288 to the extent of U.S. $ 5 ,[www.Sentencedict.com] 800.
74. We have opened the covering letter of credit with the Bank of China, Beijing Branch.
75. SELLER issues 2% PB to activate buyer's Non transferable letter of credit as agreed on contract.
76. Ecclestone, who was talking to the Press Association, said no contract had been issued because he had yet to receive a guarantee or letter of credit that he would be paid.
77. The letter of credit has extraordinary status as a settlement instrument of payment in international trade.
78. I am sorry to say the only term of payment we can accept is100% irrevocable documentary letter of credit.
79. By the way, how's the letter of credit allocation working out?
80. Export loan under mortgage of documents and negotiation are two kinds of financing methods under negotiation letter of credit.
81. Ship within one week receiving Letter of Credit from Yokohama to Dalian.
82. By 100% Confirmed, Irrevocable and Sight Letter of Credit to remain valid for negotiation in China until the 15th day after shipment.
83. Letter of credit must be a reputed Bank acceptable to our Bankers payable at sight.
84. A letter of credit is a banker's guarantee that payment will be made on presentation of all the required shipping documents .
85. It is understood that the letter of credit covering the abovementioned goods will be established immediately.
86. By 100 % irrevocable documentary letter of credit at sight.
87. Well, Mr Schmidt(Sentencedict.com), you must be aware that an irrevocable letter of credit gives the exporter the additional protection of the banker's guarantee.
88. This standby letter of credit is neither assignable nor transferable.
89. OK, Eddy. So you'd prefer a trust fund to the standby letter of credit facility.
90. When I open letter of credit with a bank, I have to pay a deposit.
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