Glossary entry

Portuguese term or phrase:

abertura de carta de crédito

English translation:

issuance of a letter of credit

Added to glossary by Valter Miranda
Jun 18, 2009 14:48
14 yrs ago
11 viewers *
Portuguese term

abertura de carta de crédito

Portuguese to English Bus/Financial Finance (general)
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Proposed translations

+1
33 mins
Selected

issueance of a letter of credit

I my experience, a letter of credit is "issued" by the bank and (with less certainty on my part, "opened" by the buyer. The answer will depend on the context but I think Patricia hit the right one since the word in your sentence is not "emitir".

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Note added at 3 hrs (2009-06-18 18:26:54 GMT)
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Oops. Typo! Should be "issuance" and not "issueance"
Peer comment(s):

agree Luciano Gomide Varela : Ainda penso que "issuance" seria o termo mais apropriado para empréstimos e câmbio. As LCs emitidas por bancos nada mais são do que linhas de crédito disponibilizadas para demanda do cliente.
2 hrs
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4 KudoZ points awarded for this answer. Comment: "Obrigado Alex! É o termo mais adequado para o caso"
+8
3 mins

open a Letter of Credit

#
A Basic Guide to Exporting - Methods of Payment
After the exporter and buyer agree on the terms of a sale, the buyer arranges for its bank to open a letter of credit that specifies the documents needed ...
www.unzco.com/basicguide/c12.html - Cached - Similar -
#
Letter of credit fees
Buyer's Letter of Credit Fees Exporters often are not fully aware of the credit implications and cost involved for the buyer in opening a letter of credit. ...
www.creditmanagementworld.com/letterofcredit/lcinternationa... -

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SUSTA ~ Southern United States Trade Association
After the exporter and customer agree on the terms of sale, the customer arranges for its bank to open a letter of credit. Delays may be encountered if, ...
www.susta.org/export/pricing.html - Cached - Similar -
#
Documents required to open a Letter of Credit | Letter of Credit Forum
Documents required to open a Letter of Credit. Sat, 03/07/2009 - 03:03 — mic60. Hi LC Experts,. I am going to open an LC for the import of machine worth ...
letterofcreditforum.com/content/documents-required-open-letter-credit -
Peer comment(s):

agree Maria José Tavares (X)
0 min
Muito 'brigada
agree Isabel Maria Almeida
25 mins
Muito obrigada
agree aoliveira09 (X)
35 mins
Muito obrigada
agree Marlene Curtis
1 hr
Thanks!
agree Salvador Scofano and Gry Midttun
2 hrs
Thanks!
agree Luiz Vasconcelos
3 hrs
Muito 'brigada
agree Vitals
5 hrs
Muito 'brigada
agree rhandler
7 hrs
Muito 'brigada
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