Sometimes called a performance letter of credit, which is issued to guarantee performance under the contract.

有时也称为履约信用证，用于保证合同规定的履行。

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This performance bond will become operative only after receipt in opener's bank of an irrevocable operative letter of credit.

此履约保函只在收到开证行不可撤销的有效信用证后方才生效。

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With the soft terms of the letter of credit the buyer can also cheat the seller's margin, pledge payment, performance payments, issuing fees.

买方凭借信用证软条款还可以骗取卖方的保证金、质押金、履约金、开证费等。

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