Page 65 - Business English Book 2
P. 65

Lesson 7                     Letter of Credit









                                W

                                                                         c
                                                                          o

                                                                      d


                                                                   a
                                                                     n
                                   e
                               .
                           k
                                                                                m
                                                                                  e
                                                                                   d
                         O
                                                                               r
                             y
                                                                           n
                                                                             f
                            a
                                                                              i
                                                                 e
                                                     I
                                            p
                                                      r
                                          o
                                                       r


                                               n
                                                 a
                                             e
                                                  n
                                                        e
                                                             a
                                       i
                                                               b
                                     w
                                                                l
                                                            c

                                                         v
                                        l
                                        l
                                                          o
                                                                                       /
                                                                                              a
                                                                                        C
                   A : Okay. We will open an Irrevocable and confirmed L/C against                t
                                                                                                 s
                                                                                           a
                                                                                                n
                                                                                               i
                                                                                      L


                                                                                            g
                   our order.
                   B : ( L/C, / dispatch) _____________________________________________.          .
                                                                           _
                                                                                            _
                                                                              _
                                                                        _
                                                                               _
                                                                                        _
                                                                                      _
                                                               _
                                                                _
                                                      _
                                                                                               _
                                                            _
                                                             _
                                                                         _
                                                                                             _
                                                                                       _
                                                                            _
                                                        _
                                                       _
                                                                                              _
                                                           _
                                                         _
                                                                             _
                                                              _
                                                                      _
                                                 _
                                                                                   _
                                                                                 _
                                                                                _
                                                                                                _
                                                                   _
                                              _
                                                                    _
                                                                                    _
                                               _
                                                                                     _
                                                _
                                                                                          _
                                                                     _
                                                                       _
                                                                                           _
                                                    _
                                                                 _
                                                     _
                                                   _
                                                                     e
                                                            w

                                                                          t
                   A : I called to let you know that we have established a L/C
                                                                       e
                              e

                                                                           a
                                  t

                                                                   v
                                                                         s

                                      l
                                                              e
                                                                  a

                                d
                                                                                          C
                                       e
                                                                 h
                                                                                        L
                                   o
                                                                                         /

                                          y
                                                 n
                                                       t
                                                    w
                             l
                                                                                h
                                                                              l
                                                  o
                          c
                                                                               s
                                           o
                                                                                  e
                                                                              i
                            a

                              l
                                                                                   d
                         I
                                                                                      a
                                        t

                                                          t
                                               k

                                                                            b
                                             u
                                                        h

                                                         a

                                             _
                                                                  _
                                              _
                                               _

                                                _
                                                  _
                                   e
                                                                   .
                                          _
                                                         _
                                                             _
                                                              _
                                                       _
                                       .

                                                           _
                                                          _
                                        _
                                                            _
                                                    _
                   B : That’s great. _______________________. And I will also
                                                   _
                                                                 _
                                    a
                                            _
                                                      _
                                           _
                                      t
                                                     _
                                                               _
                                                                    A

                                                                      n
                                                                            w
                                                                          I


                           a
                              ’
                                                                              l

                                                                               l
                                 g
                                                                                 a
                             t
                              s
                                                                                   s
                         T
                                                                                    o
                                                                        d
                                  r
                                                                                  l
                                                                              i
                          h

                                                                            n
                                                         t
                                         _


                                                                            n
                                                         t
                                                         t
                                                           a
                                                           a
                                        _
                                                           a
                                                                          h
                                                            n
                               _
                                                          r
                                                                           a
                              _
                                                          r
                                                                           a
                                                                           a
                                                          r
                                                                               s

                                             _
                                                                               s
                                                    t
                                                    t
                                                    t
                          _
                         _______________________ the transaction. Thanks.       . . .
                                                _
                                               _
                         _
                                                  _
                                                 _
                                              _
                                                       e
                            _
                                                                              k
                                                       e
                                                                            n
                                                       e
                                          _
                                                                              k
                           _
                                           _
                                                                               s
                                                     h
                                                                              k
                                                     h
                                                     h
                                                                      .
                                                                  t
                                   _
                                _
                                                                        T
                                                                c
                                                              s
                                                              s
                                 _
                                                                        T
                                                                   i
                                                                      .
                                                               a
                                                                  t
                                                               a
                                                                  t
                                                                      .
                                                               a
                                                                   i
                                                                        T
                                      _
                                                                   i
                                                              s
                                                            n
                                                                     n

                                                                   o
                                                                          h

                                                                          h
                                       _
                                                            n
                                     _
                                  _
                                                                     n
                                                                c
                                                                     n
                                                                c
                                                                   o
                                                                   o

                                                            f
                    Let’s practice the other side of dialogue.
                                                          o
                            a
                                           a
                                                                              r
                                                 n
                        W
                                                                   y
                                                                                 ?
                                              m
                   B : What form of payment method do you require?
                                                                    o
                                   m
                                                e
                                            y

                                                     m

                                  r
                          h
                                                                      u
                                                                               e
                                                   t
                                       f
                             t
                                                                         e
                                                               d
                                                                            u
                                                        t
                                         p
                               f
                                                                        r
                                                         h

                                                           o
                                                                           q


                                      o
                                o
                                                                o
                                                       e
                                                                              i

                                                            d

                                                            l
                                                           b
                                                 I
                                                                                                 o
                                                                           r
                                                                                       I

                                                                                  L


                                                                                           e
                                                             e
                                                                                   /
                                                                          i
                                               t
                                                                                                   u
                                                                     c
                                                                                    C
                                                  r
                                                        c
                                                                                         n
                                                     v
                                                                  d
                                                                                      .
                                                               a
                                                                 n
                                                      o
                                                                       n

                                                                              e


                                                         a
                                                   r
                                                                         f

                                                                      o
                                                                                                y
                                                                           m
                                                                                             d
                                                                                            e
                                                                               d
                                                    e
                                n
                              a
                                  o

                           e
                        W
                             c

                                    n
                                          c
                                             p
                                            e
                                           c
                                      y
                                     l
                                        a

                   A : We can only accept Irrevocable and confirmed L/C. I need you
                                                                                            f
                                                               5


                                       t
                                                                                             i
                                                             D
                                    o
                                                                                           r
                                   f
                                                                  0
                                     r

                                                                 0
                                                           S

                   to open one for the amount of USD 500,000 in favor of our firm.               .
                                                        f
                                                      o
                                                    t
                                            a

                                                         U
                                                                                              r
                                        h

                                          e
                   t
                                                                                               m


                                                                               v
                                                                              a
                             o
                                                                                       o
                                                                             f
                           n

                                                                                    o
                                                                                      f
                                                                                  r
                        p
                                                                                 o
                         e
                                                                      0

                                                                       0

                                                                    ,
                                                                    0
                    o
                                e
                                                                          n
                      o

                                                                          i
                                                                                         u

                               n
                                                   n
                                             m
                                                o
                                                 u
                                                      r
                                           p
                                                                                              i

                                                              b
                                                                        c
                                                          o
                                                                                 e
                                                     r
                              .
                                                             a
                                                                           n
                                W
                                                                                   d
                                                                         o

                                      i
                                                                     d
                                                                                      /
                                                               l
                                                        v


                                                                e

                                                                                           g
                                    w
                                         o
                        O
                                                                                       C
                                  e
                                                       e

                                                                                             a
                                                                   a

                                                                                     L
                                                                    n
                                        l
                                                                                          a

                                              n
                                                    I

                                                                            f
                             y
                                                                              r
                                                a
                           a
                                       l
                                                                                                  t
                          k
                   B : Okay. We will open an Irrevocable and confirmed L/C against
                                                                             i
                                                  n
                                             e
                                                                                               n
                                                                               m
                                                                                                 s
                                                           c
                   our order.

                                             c
                                                                   d

                                                                                             t
                                                                     i
                                                                                          e
                                                        ,
                                   a
                                                                               h
                                                                 n

                                                  e
                                                                                            n


                                                i
                            s
                                                                              t
                                                                                      i

                                                               a
                                    s
                                                                                      p
                                        e
                                                                                 e
                                                                         t

                                                v
                                                                        a
                                              e
                             o
                                                              c
                                                                            h
                                            e

                                                                          c
                                                     /
                               o
                   A : As soon as we receive L/C, we can dispatch the shipment.               .
                                      w
                          s
                                           r
                                                    L

                                                                                        m
                                                            e
                        A
                                                                     s
                                                                                    h
                                                          w
                                                                      p
                                n
                                                      C
                                                                                   s

                                                  o
                                                              e
                                                                                         /
                                                                                          C

                                      e
                                                                                       L
                                                            w
                                                                h
                          c
                              e
                             l
                                                                           b
                               d
                                                                         t
                                                                                 e
                                                                          a
                                                                              s
                            l
                           a
                                                n
                                                                             l

                                                                                h
                                                                              i
                                                                                  d
                                   o
                                                                   v
                                                                    e
                                                                                     a

                                     l

                                                                 a

                                                                       e
                                                                        s


                        I
                                  t

                                       t
                                         y
                                                        a
                                                       h
                                                          t
                                               k

                   B : I called to let you know that we have established a L/C
                                            u
                                                   w
                                           o
                                                      t


                                               m
                                  r
                                                                     w
                                                        t

                                          e
                        T
                                                                                    y
                                                                       i
                                                                        l
                                                       s
                                                                                              w
                                                         e
                                                                                       u
                                                                 d
                                      t
                                                               n
                                                                                            o
                                                                   I
                                   e
                                                                                     o
                                    a

                                                 e
                                             p
                                                                            s
                                                                                e
                                                                                l
                             ’

                                                                           l


                           a
                                                                             o
                             t
                                                    p
                                                                        l

                   A : That’s great. Keep me posted. And I will also let you know

                                g
                                           e
                                                                          a
                          h
                              s

                                                                                  t
                                                     o
                                       .

                                                                                         k
                                                          d

                                                             A
                                        K
                                                            .
                                                                                          n

                    h
                    h
                                                o
                     r
                                               t
                                  h
                              u
                              u
                                                i
                    h
                                                           k
                              u
                                       r
                                                i
                        u

                                             c
                                       r

                                                        a
                                                           k
                                  h
                                  h
                                                        a
                                                        a
                        u
                     r
                   t t t throughout the transaction. Thanks. . . .
                               t
                                                           k
                                                            s


                                                            s

                                           s
                         g
                               t
                         g
                     r
                         g
                                                            s
                               t
                                        a
                                 t
                                 t
                                 t
                                                o
                                                  n
                                           s
                                           s
                                                     T
                                                     T
                                        a
                                                     T
                                                       h
                                                       h
                                                       h
                                                o

                           h
                                      t
                                             c

                                            a


                                      t
                            o
                                         n
                                            a
                            o
                                      t
                                            a
                                        a
                           h
                                                         n
                                                         n
                           h
                                             c
                                               t
                                                  n
                                                         n
                                                   .
                                               t
                      o
                      o
                                                   .
                                                   .
                      o
                                       r
                                    e
                                    e
                                                  n
                                    e
                                         n
                        u
                                         n
                                                i
                            o
                                                      _
                                                                      _
                                                                _
                                                                                     _
                   B : (payment method)___________________________________________?
                                                                                        _
                                                                          _
                                                    _
                                                                        _
                                                                                           _
                                                                              _
                                                                             _
                                                                                                ?
                                                                                  _
                                                                                   _
                                                 _
                                                                   _
                                                                            _
                                                     _
                                              _
                                                                  _
                                                                                         _
                                                            _
                                                                                      _
                                                         _
                                                                 _
                                                                                            _
                                                                                    _
                                                                                             _
                                                                    _
                                                                         _
                                                             _
                                                                                 _
                                                       _
                                                   _
                                                                           _
                                                                                          _
                                                  _
                                             )
                                               _
                                                          _
                                                                                _
                                                           _
                                                              _
                                                                     _
                                                                                              _
                           e
                                                                                                   u
                             c
                                                                         f
                                                                                                y
                                                                              e
                                                                           m

                              a

                                                    e
                                                            l
                                                     v
                                                                           r

                                                                               d
                                            e
                                                                                                 o
                                                                                  L


                                                  r
                                                                                         n
                                                   r
                                                                          i
                                                                                    C
                                                                 n
                                                                                             d

                                                                     c
                   A : We can only accept Irrevocable and confirmed L/C. I need you
                                                 I

                                                                      o
                                                             e
                                                                                            e
                                    n

                                                           b
                                                                                      .
                                                        c

                                  o
                                               t
                                          c
                                             p
                                                                  d
                                                         a
                        W
                                           c
                                                                                       I

                                        a
                                                               a
                                n
                                     l
                                      y
                                                      o
                                                                                   /
                                                                       n
                                                                                           e

                                                                                           r
                                                                                         u
                                                                                      f
                                                                  0
                                                    t

                                            a
                                                                             f
                           n
                                    o
                                                               5
                      o
                                                                              a


                    o
                                                                               v
                                                           S

                                                         U
                                       t
                                                                                       o
                                                                                            f

                                     r

                                                                 0
                                                                      0
                                                 u
                                                                          i
                                        h
                                                o
                                                                                    o

                                                                                             i

                                                                          n
                                                                       0
                                e
                                                                                  r

                                                      o
                         e
                                                             D
                               n
                                                                                              r

                   t to open one for the amount of USD 500,000 in favor of our firm.             .
                                                                                 o
                                                                    ,
                                                                                               m
                             o
                                   f

                        p
                                                   n
                                                        f
                                                                    0
                                             m
                                          e

                                                                                        _
                                                                                    _
                                                                                  _
                   B : Okay. ________________________________________________________.          .
                                                _
                                                                                          _
                                                                                               _
                                                                                            _
                                                                                       _
                                                                                         _
                                                                                              _
                                                                                 _
                                                                                _
                                               _
                                                                                      _
                                                                                           _
                                                                                   _
                                             _
                                                    _
                                                                           _
                                                 _
                                     _
                                                        _
                                          _
                                                      _
                                  _
                                                               _
                                    _
                                                                  _
                                                                 _
                                                                   _
                                                       _
                                                                _
                                                                          _
                                                                    _
                                           _
                                                                        _
                                                         _
                                   _
                                                  _
                                            _
                                                           _
                                        _
                                                                      _
                                                          _
                                                                               _
                                                   _
                                                                              _
                                                                         _
                                 _
                                         _
                                                              _
                                                                            _
                                       _
                                                                       _
                                _
                                                            _
                                                                   d
                                                                                    h

                                                                     s

                                                        ,
                                                                                             t
                                                                     i
                                   a

                                      w
                                                              c
                                                  e
                                                                                        m
                                                          w
                                                                                          e
                                                            e
                                        e
                                              e
                                                                                            n

                                                                                      p

                                             c
                                                                                      i
                                                               a

                   A : As soon as we receive L/C, we can dispatch the shipment.               .
                                                                 n
                                    s
                                                v
                                                      C

                                                                                 e
                            s
                                                                        a
                                                                            h
                                                    L
                          s
                                                     /

                             o
                               o
                                                                         t
                                                                          c
                        A
                                                                              t


                                                                               h
                                                                      p
                                                i
                                            e
                                           r
                                n
                                                                                   s
                                                                           _
                                                                                               _
                                                                                       _
                                                              _
                                                                            _
                                                                                _
                                                    _
                                                            _
                                                         _
                                                                                         _
                                                           _
                                                                              _
                                                                               _
                                                                                        _
                                                             _
                                                                             _
                                               _
                                                                                           _
                                                _
                                                                                                _
                                                      _
                                                                                              _
                                                                   _
                                                                                      _
                                                                     _
                                                        _
                                                  _
                                                                                             _
                                                                                     _
                                                                    _
                                                                        _
                                                                                   _
                                                                       _
                   B : (establish) I called ____________________________________________
                                                     _
                                                                                 _
                                                                _
                                                               _
                                                                                            _
                                                                      _
                                                       _
                                                                         _
                                                                 _
                                                 _
                                                                                    _
                                          e
                                               m
                                                       s

                                           e
                   A : That’s great. Keep me posted. And I will also let you know
                                                         e
                                                     o
                                             p
                                                        t
                                        K
                                                    p
                                  r

                                                                     w
                                                                                    y
                             ’
                                                                           l
                                                 e
                                                                            s
                                   e
                                                                                     o
                                                                   I
                                                                       i
                                                                          a
                          h

                                                                                  t

                                                                        l
                                                                        l
                        T
                              s
                                g

                                       .
                                                            .


                                                                             o

                                                          d
                           a


                                                             A
                                                                                e
                                    a
                                                                 d
                                                                                       u
                                                               n
                                                                                l
                                      t

                             t
                                           s
                                            a
                                               t

                                                   .
                                                            s
                                                  n

                                      t
                                                         n
                                       r
                                        a
                                                           k
                   throughout the transaction. Thanks.
                                    e
                                                o
                                             c
                                                i
                                                     T
                                                       h
                                                        a
                                         n
                                 t
                                  h
                                                                                                                65
   60   61   62   63   64   65   66   67   68   69   70