Page 57 - Business English Book 2

Lesson 7 Letter of Credit

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A : What’s the required payment method?
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B : (Letter of Credit/international transactions)______________________.
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A : When is the payment due?
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B : (60 days)______________________________________________________. .
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A : I will arrange a Letter of Credit. Do you have any preference as
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an advising bank?
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______________________HSBC Korea.
B : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ H S B C K o r e a .
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_________________ HSBC as the advising bank, it

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_____________________.

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A : Bank of Netherlands is our bank. .
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I I will have them draft out a Letter of Credit in favor of your firm. .
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A : I will get to it.
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Let’s practice the other side of dialogue.
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B : What’s the required payment method?
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A : We accept only Letter of Credit for any international transactions. .
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A : It needs to be made within 60 days from the date on the invoice. .

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B : I will arrange a Letter of Credit. Do you have any preference as
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A : Our main bank is HSBC Korea. So if you appoint HSBC as the
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advising bank, it will be convenient for us. .

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