In simple terms,a credit is a document which provides payment to a seller of goods upon proof of the seller's compliance with requirements set forth by the document.A letter of credit is normally issued by a bank(which represents the purchaser-importer-of goods) to the exporter of goods.The exporter may then draw payments from the letter of credit upon submitting proof to the bank that the details of the purchase transaction have been strictly complied with.
ps:
this paragraph is about the explanation of L/C(letter of credit 信用证)作者: 糖宝贝 时间: 2011-1-9 12:39
In simple terms,a credit is a document which provides payment to a seller of goods upon proof of the seller's compliance with requirements set forth by the document.A letter of credit is normally issued by a bank(which represents the purchaser-importer-of goods) to the exporter of goods.The exporter may then draw payments from the letter of credit upon submitting proof to the bank that the details of the purchase transaction have been strictly complied with.简而言之，信用是买方给卖方提供的及时付款的一种保证。信用卡一般是由银行发行，表示由买方付款给卖方的。卖方可以拿签字的信用单提交给银行，用以收款交易的证据作者: waihaiss 时间: 2011-1-11 09:59
