Chapter 11 Payment
Uesful Expression
- We would like to remind you that the delivery date is approaching and we have not yet received the covering letter of credit.
- We would be grateful if you would expedite the establishment of the L/C so that we can ship the order on time.
- In order to avoid any further delay, please make sure that the L/C instructions are in accordance with the terms of the contract.
- Please change the price term to CIF Shanghai, China.
- Transshipment is to be allowed.
- Please move faster on this amendment to avoid the delay in shipment.
- We've extended the shipment and validity dates of the L/C to October 15 and 31 respectively.
- We've instructed our bank to issue a confirmed, irrevocable L/C in your favor.
- We've opened an irrevocable L/C No.GB418 through the Citi Bank, NY.
- CIF到岸价 FOB离岸价
Exercises
- Mr. Smith will make a note of Mr. Sanchez's request for consular invoice.
- Payments should be made by sight draft.
- Payment by L/C is our method of financing trade in chemicals.
- If D/A is possible, it will help ease the licensing problem.
- Mr. Yin could agree to D/P terms.
- 90% of the credit amount must be paid against the presentation of documents.
- You don't say whether you wish the transaction to be in cash or on credit.
- We have opened an L/C in your favor in the amount of HKD 20,000.
- The deal will be done on the basis that payment is made in advance, in installment on delivery.
- The check will soon fall due.
- As usual, for the value of the goods we are drawing on you at 60 days in favor of the Bank of China and trust you will accept our draft upon presentation.
- We regret to learn from our bankers that you refuse to pay our draft without giving any reasons.
- We are drawing on you at sight and sending the documents through the BOA for collection.
- Reference is made in your letter of December 15 and ours of November 30.
- We consider it advisable to make it clear in the first place.
- We hope that this trial shipment will turn out to your entire satisfaction and will lead to more business.
- It appears that the stipulations in the L/C are not in agreement with the contract.
- Please advise us whether your buyers approve of the design.
- We are agreeable to your suggestion.
- We shall take delivery of the goods as soon as they are released from the customs.
- Letter One
We enclose an application from for documentary credit... open an irrevocable letter of credit for $1000 in favor of ... the credit to be valid until November 30.
...against shipment...used documents presentation of the following documents: bills of lading in triplicate, one copy of commercial invoice, packing list, certificate of insurance and certificate of origin. The company may draw at 60 days' sight for each shipment.
- Letter Two
We have considered your request for trial delivery...documents against acceptance terms, but regret to say that we cannot agree to your proposal.
As an exception the best...to offer you...
If you accept...reasonable price. ...in achieving a satisfactory volume of sale.
- Letter Three
As agreed we have...with documents... The draft has been made out of payment 30 days after sight, and the documents will be handed to you on acceptance.
- Sentences
- In the event of our acceptance of your letter, we shall open an irrevocable L/C in your favor, payable in China against shipping documents.
- As requested in your fax of December 15, shipment of 500 mts of soybeans will be effected under guarantee in the absence of the L/C amendment. Please, therefore, honor the draft accordingly.
- It will interest you to know that as a special sign of encouragement, we shall consider accepting payment by D/P during this sales-pushing stage.
- Your request for payment by D/P has been taken into consideration. In view of the small amount.
- The check for USD1,000 was returned by Chase Manhattan Bank for the reason of "non-sufficient funds".
- outstanding payment.