Opening an L/C
Dialogue 1
-Hello!Is this Bank of China?This is Sam Oven speaking,could you help me?
-Hold on,please.I'll call the person to talk with you.
-Hello.Can I help you?
-Hello.this is Sam Oven.I want to open a Letter of Credit.
-Oh,what kinds of credit do you want to open?
-What are the kinds of Letter of Credit?
-There are several ways of division.For example,we may divide Letter of Credit into documentary Credit and clean Credit according to whether it is attached to shipping documents or not.And the former one is frequently used in international trade.
-International trade?OK,now on mentioning L/C hereinafter,we refer to documentary credit.
-Certainly.And all credit must state whether they are irrevocable or revocalbe.The irrevocable L/C could not be modified or cancelled within its validity term unless the consumed parties of the L/C are unanimously agreed to do so.
-Oh,I think the irrevocable L/C is more suitable for me.Could you help me to open it?
-Sure,will you come over here?I'll open it for you.
-Thanks.See you later.
-See you then.
Dialogue 2
-Hello,may I speak to Chen Yang?
-Speaking.
-This is Charles,General Bank.Thank you for your timely L/C sent to us.
-That's all right.That's what we should do to promote our comperation.
-Yes.However,we have observed that it is the practice of your bank to mail only the original copy of your credit,with no other copy to follow.
-We have done it in this way for two years.Is there anything wrong?
-Everything is OK.Chances are that the original might fail to reach us,as the possibilities of miscarriage or having gone astray during transmission.
-Do you have a solution?
-We would suggest that your good bank should send us the original and a copy of the credit issued by first airmail and have another copy sent by next airmail,so that its final arrival might be better ensured.
-Thank you for your suggestion.I'm expecting a better cooperation between us.Bye-bye.
-Bye-bye!
Dialogue 3
-Hello,may I speak to Catherine?
-Wait a minute!I'll connect you to our manager.
-This is Catherine speaking.
-This is Juliet,Bank of China.First ,I want to inform you the total unused balance of L/C No.2368 is $33,695.00.
-Thank you for your informing.
-What's more,the beneficiaries telephoned me that their production ws delayed by the bad weather.They are not certain to settle the shipment on the latest date of shipment.
-When can they be ready for the shipment?
-They need about another 10 days.So they want an extension of your L/C 2368.
-OK,I'll contact the seller and ask for their consent.I'll notify your good bank as soon as possible.
-Thank you for your cooperation.Good-bye!
-Bye-bye.
Dialogue 4
-Good afternoon,Mr.Zhou.
-Good afternoon,Mr.Xing,Sit down,please.
-We received your L/C,dated Jan.31,2002 for $20,000.00.We want an impediment in it.
-What's that?
-We want the sentence"Signed by the steamship agent"deleted.
-Oh,let me see.The purpose of this request is not clear to us,since in the past,in all our credits through you,the same expression was used and there was no difficulty in negotiating the documents.
-Yes,but this time we want the bill of lading be signed by means of chop instead of the usual manual signature.
-I see.And that is the usual practice in china for bills of lading to be signed.We have no objection to complying with your wishes.
-Thank you very much.We look forward to our further cooperation.Bye-bye!
-Bye!
Dialogue 5
-Hello,Miss Shen,how are you?
-Hello,I'm fine,thank you.and you?
-I'm fine ,thanks.Our claiming of Reimburse was refused yesterday by Scotia Bank.
-Why was it refused?
-They said they were supposed to reimburse the payment whose tenor was before Feb.22,2002.
-We have changed the tenor to May 1,2002.
-But they said they didn't receive any information.
-Yes,that was our mistake.I'll send our amendment this afternoon,and you can get your reimbursement tomorrow.
-I hope you send this kind of message in time.It will make our cooperation better.
-Yes,we will try our best to avoid this kind of mistake.Thank you for your reminding and patience.
-You are welcome.Bye-bye!
-Bye.
Dialogue 1
-Hello!Is this Bank of China?This is Sam Oven speaking,could you help me?
-Hold on,please.I'll call the person to talk with you.
-Hello.Can I help you?
-Hello.this is Sam Oven.I want to open a Letter of Credit.
-Oh,what kinds of credit do you want to open?
-What are the kinds of Letter of Credit?
-There are several ways of division.For example,we may divide Letter of Credit into documentary Credit and clean Credit according to whether it is attached to shipping documents or not.And the former one is frequently used in international trade.
-International trade?OK,now on mentioning L/C hereinafter,we refer to documentary credit.
-Certainly.And all credit must state whether they are irrevocable or revocalbe.The irrevocable L/C could not be modified or cancelled within its validity term unless the consumed parties of the L/C are unanimously agreed to do so.
-Oh,I think the irrevocable L/C is more suitable for me.Could you help me to open it?
-Sure,will you come over here?I'll open it for you.
-Thanks.See you later.
-See you then.
Dialogue 2
-Hello,may I speak to Chen Yang?
-Speaking.
-This is Charles,General Bank.Thank you for your timely L/C sent to us.
-That's all right.That's what we should do to promote our comperation.
-Yes.However,we have observed that it is the practice of your bank to mail only the original copy of your credit,with no other copy to follow.
-We have done it in this way for two years.Is there anything wrong?
-Everything is OK.Chances are that the original might fail to reach us,as the possibilities of miscarriage or having gone astray during transmission.
-Do you have a solution?
-We would suggest that your good bank should send us the original and a copy of the credit issued by first airmail and have another copy sent by next airmail,so that its final arrival might be better ensured.
-Thank you for your suggestion.I'm expecting a better cooperation between us.Bye-bye.
-Bye-bye!
Dialogue 3
-Hello,may I speak to Catherine?
-Wait a minute!I'll connect you to our manager.
-This is Catherine speaking.
-This is Juliet,Bank of China.First ,I want to inform you the total unused balance of L/C No.2368 is $33,695.00.
-Thank you for your informing.
-What's more,the beneficiaries telephoned me that their production ws delayed by the bad weather.They are not certain to settle the shipment on the latest date of shipment.
-When can they be ready for the shipment?
-They need about another 10 days.So they want an extension of your L/C 2368.
-OK,I'll contact the seller and ask for their consent.I'll notify your good bank as soon as possible.
-Thank you for your cooperation.Good-bye!
-Bye-bye.
Dialogue 4
-Good afternoon,Mr.Zhou.
-Good afternoon,Mr.Xing,Sit down,please.
-We received your L/C,dated Jan.31,2002 for $20,000.00.We want an impediment in it.
-What's that?
-We want the sentence"Signed by the steamship agent"deleted.
-Oh,let me see.The purpose of this request is not clear to us,since in the past,in all our credits through you,the same expression was used and there was no difficulty in negotiating the documents.
-Yes,but this time we want the bill of lading be signed by means of chop instead of the usual manual signature.
-I see.And that is the usual practice in china for bills of lading to be signed.We have no objection to complying with your wishes.
-Thank you very much.We look forward to our further cooperation.Bye-bye!
-Bye!
Dialogue 5
-Hello,Miss Shen,how are you?
-Hello,I'm fine,thank you.and you?
-I'm fine ,thanks.Our claiming of Reimburse was refused yesterday by Scotia Bank.
-Why was it refused?
-They said they were supposed to reimburse the payment whose tenor was before Feb.22,2002.
-We have changed the tenor to May 1,2002.
-But they said they didn't receive any information.
-Yes,that was our mistake.I'll send our amendment this afternoon,and you can get your reimbursement tomorrow.
-I hope you send this kind of message in time.It will make our cooperation better.
-Yes,we will try our best to avoid this kind of mistake.Thank you for your reminding and patience.
-You are welcome.Bye-bye!
-Bye.
