We shall open an irrevocable letter of credit in your favour, payable in Hongkong against shipping documents. 我方將開(kāi)立以你方為受益人的不可撤消的信用證在香港付款交單。
Credit means any arrangement however named or described that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honor a complying presentation. 信用證指一項不可撤銷(xiāo)的安排，無(wú)論其名稱(chēng)或描述如何，該項安排構成開(kāi)證行對相符交單予以交付的確定承諾。
