A: Now let's discuss terms of payment, OK?
B: Yes, please.
A: For overseas deliveries, we only accept L/C, so we have to request that you open an L/C.
B: Oh, that's customary in all international trade. I think I can arrange that. No problem.
A: We accept a confirmed, irrevocable L/C.
B: Do you accept a revolving L/C?
A: Sometimes we accept that kind of L/C. But to be sure, we need a confirmed, irrevocable L/C.
B: OK.
A: Our company name: Dingxin Industries, Shanghai, China, in our favor.
B: OK. Please make sure that the shipment isdispatched in July.