Many Banks in Europe now carry accounts in Renminbi with the bank of Chinese, Beijing. They are in a position to openletterofcredit and effect payment in Renminbi.
现在欧洲有许多银行与北京的中国银行都有人民币帐户往来，他们能够开立信用证并且用人民币支付。
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We'll open an irrevocable letterofcredit in your favor within 10 days from the date of the contract.