Page 62 - Business English Book 2
P. 62
Lesson 7 Letter of Credit
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A : Did you need it for the amount of USD 250,000?
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B : ________________.
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A : Do you have a correspondent bank appointed?
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A : Okay, in that case, we will appoint one in seller’s country. .
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B : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .
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Let’s practice the other side of dialogue.
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B : I can help you with your application. What is the amount you
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A : I need it for USD 250,000.
Student Asking Questions
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A : How much do you require upfront?
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B : We require you to put down 80 percent of the face value as
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initial payment and service charge. .
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A : How much is your service charge?
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B : It is 1 percent of face value. Let’s fill out the application. . . .
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A : What do you mean by the beneficiary? Do you mean the seller?
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B : That’s correct. What’s the name of the seller?
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A : It is Lucky Transmissions.
B : The name of payer?
A : That’s Samho Trading.
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B : Did you need it for the amount of USD 250,000?
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A : Yes, I did.
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