Glossary entry

English term or phrase:

internal protective Stand-by letter of credit

French translation:

lettre de crédit stand-by à des fins de garantie/couverture interne

Added to glossary by Bernard Moret
Aug 28, 2014 10:30
9 yrs ago
1 viewer *
English term

internal protective Stand-by letter of credit

English to French Bus/Financial Finance (general) Stand-by Letter of credit
Banque émet une lettre de crédit aux conditions suivantes (sachant que le donneur d'ordre est une sté US, bénéficiaire est une sté FR):

UNDER THE GLOBAL RULES SET FOR INTERNAL PROTECTIVE SBLCS AND UNDER OUR FULL RISK AND RESPONSIBILITIES, PLEASE ISSUE A BANK GUARANTEE/STANDBY LETTER OF CREDIT ON OUR BEHALF IN YOUR STANDARD FORMAT/BELOW FORMAT.

INITIAL EXPIRY DATE OF OUR PROTECTIVE: [WITH AUTO-RENEWAL EXTENSION CLAUSE] PLS SPECIFY THE EXACT EXPIRY DATE OF YR PROTECTIVE

FUNDS UNDER THIS PROTECTIVE STANDBY LETTER OF CREDIT ARE AVAILABLE TO YOU AGAINST OUR RECEIPT OF YOUR TESTED TELEX/CABLE OR AUTHENTICATED S.W.I.F.T. DEMAND FOR PAYMENT

Merci.
Change log

Aug 28, 2014 10:52: Emanuela Galdelli changed "Term asked" from "INTERNAL PROTECTIVE Stand-by letter of credit " to "internal protective Stand-by letter of credit "

Sep 1, 2014 15:49: Bernard Moret Created KOG entry

Proposed translations

2 hrs
Selected

lettre de crédit stand-by à des fins de garantie/couverture interne

une suggestion
https://www.belfius.be/corporate/FR/ProduitsServices/Commerc...

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Note added at 2 heures (2014-08-28 12:40:20 GMT)
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.....La lettre de crédit stand by peut être utilisée à des fins multiples

couverture des achats de marchandises
garantie de soumission
garantie de restitution d'acompte
garantie de bonne exécution
garantie de rachats de risques (assurance)
garantie pour des appels de marges (marchés financiers)
garantie de remboursement de prêts.....
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4 KudoZ points awarded for this answer. Comment: "Merci."
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