- AhShingLv 59 years agoFavorite Answer
"LC信用狀" Letter of credit
A binding document that a buyer can request from his bank in order to guarantee that the payment for goods will be tranferred to the seller. Basically, a letter of credit gives the seller reassurance that he will receive the payment for the goods. In order for the payment to occur, the seller has to present the bank with the necessary shippiconfirming the shipment of goods within a given time frame. It is often used in international trade to eliminate risks such as unfamiliarity with the foreign country, customs, or political instability.ng documents
"不可取消信用狀" Irrevocable letter of credit
A letter of credit that cannot be cancelled. This guarantees that a buyer's payment to a seller will be received on time and for the correct amount.
2011-09-23 18:02:02 補充：
the necessary shipping documents confirming the shipment