Translation "letter Of Credit"

[69_68iou1]

Hi,

Can any one help me explain to a thai what a "letter of credit" means please?

I will be providing a letter of credit to a thai to show that I have the funds available.

so if some one can help by replying with the meaning in thai script so I can print it out it would be a great help as the online dictionaries seem only to look up single words.

Many thanks

[yoot]

"letter of credit" meansหนังสือที่ธนาคารแห่งหนึ่งมีไปถึงธนาคารอีกแห่งหนึ่งให้จ่ายเงินในจำนวนที่ระบุไว้แก่บุคคลที่ระบุไว้

But for doing business in Thailand, we use the same term as in English เลตเตอร์ออฟเครดิต or just use the short form of it " L/C". People who used to dealing business should understand.