Letter of Credit 1 信用证.pptVIP

International Business Documentation By Chen Yang Today’s Schedule Review Letter of Credit 国际贸易付款方式 货款 收付 结 算 票 据 支 付 方 式 汇票、本票、支票 汇付、托收、 信用证 Definition of Letter of Credit A standard, commercial letter of credit (LC) is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking. The Usage of Letter of Credit The letter of credit can also be source of payment for a transaction, meaning that redeeming the letter of credit will pay an exporter. Letters of credit are used primarily in international trade transactions of significant value, for deals between a supplier in one country and a customer in another. The Parties to a Letter of Credit Applicant (开证申请人):是向银行申请开立信用证的人，一般是进口方。 Beneficiary（受益人）:是信用证上所指定的信用证金额的收款人，一般为出口方。 The Parties to a Letter of Credit Opening Bank / Issuing Bank （开证）:是接受开证申请人的要求和指示开立信用证的银行，一般是进口地银行。 Advising Bank/Notifying Bank（通知行）:是受开证行的委托，将信用证转交出口方的银行，一般是出口地银行，且通常是开证行的代理行。通知行只证明信用证的真实性，不承担其他义务。 The Parties to a Letter of Credit Negotiating Bank（议付行):是根据开证行授权买入信用证项下单据的银行。议讨行一般为通知行或其他指定的银行，对受益人有票据追索权。 Paying Bank / Drawee Bank （付款行）：是信用证规定履行信用证付款责任的银行，一般是开证行。付款行一经付款，不得向受益人行使追索权。 议付的概念 议付是信用证的一种使用方法。它是指由一家信用证允许的银行买入该信用证项下的汇票和单据，向受益人提供资金融通。又被称为“买单”或“押汇”。买入单据的银行就是议付行。如果开证行发现单据有不符信用证要求的情况存在，拒绝偿付，则议付行有向受益人追索的权利。 The Parties to a Letter of Credit Confirming Bank（保兑行）:是根据开证行的请求，在信用证上加具保兑的银行，对受益人承担首先付款责任，一经付款，就无权向受益人追索。 Reimbursing Bank（偿付行）：是接受开证行委托或授权向议付行偿付货款的银行。偿付行只负责付款而不受理单据，不审单。 Export Letter of Credit Cycle Class activity -1 Look at your book, page 42 4mins to think about: “how to explain this cycle very clear?” You could explain it to you partner. Class activity – 2 Look at the pic. on the blackboard. Try to finish all the blanks Class activity – 3 Enhancing the knowledge of the Cycle of L/C transcations 开证申请人 （进口人） 受益人 （出口人） 开证行 (付款行) 通知行 （议付行） 汇票和货运单据寄给开证行 提出申请开立信用证 开立信用证 寄交通知行 审核后，信用 证交给出口人 备齐货运单据 开出汇票提出议讨 核对单据无误后， 付款给议付行(偿付) 通知进口人 付款赎单 签