Page 58 - Business English Book 2
P. 58

Lesson 7                     Letter of Credit










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                   B : Bank of Netherlands is our bank.         .
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                         I will have them draft out a Letter of Credit in favor of your firm.           .
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                   A : Great! As soon as we get the bill of lading, we will dispatch the


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                   product.
                   B : I will get to it.
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                   A : Keep me posted.      .
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                   B : (payment method)_____________________________________?
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                   A : We accept only Letter of Credit for any international transactions.              .
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                   B : When __________________________?
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                   A : It needs to be made within 60 days from the date on the invoice.                 .
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                   B : _____________________ Letter of Credit.      .
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                         _______________________________ an advising bank?
                         _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _   a n   a d v i s i n g   b a n k ?
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                   A : Our main bank is HSBC Korea. So if you appoint HSBC as the
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                                                             .

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                   advising bank, it will be convenient for us.       .
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                   B : Bank of Netherlands is our bank.         .
                         _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _   a   L e t t e r
                         _______________________ a Letter of Credit _____________________.
                                   s
                   A : Great! As soon as we get the bill of lading, we will dispatch the


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                   product.
                   B : __________________.
                   A : Keep me posted.
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