Unit 7 支付.pptVIP

Unit 7 支付 Terms of payment I Aims Requirements Enable students to know about terms of payment: D/A, D/P, L/C Help students to learn and master key words, phrases and sentence patterns about terms of payment. Help students to learn and master additional sentence patterns about terms of payment II Contents Studying the letters about terms of payment What are D/A, D/P and L/C? Additional sentence patterns III Focus on Difficulties Key words, phrases and sentence patterns D/A, D/P and L/C Additional sentence patterns Step 1. Introduction The final result of all business activities should be to recover the value of goods supplied or services rendered. If payment is not ensured, then all will be meaningless. The method of payment for each transaction is to be agreed upon between the two trading parties at the time of placing an order. The most often adopted method of payment in our foreign trade is Letter of Credit. Under Letter of Credit way, after contract or confirmation is signed by buyers and sellers, the buyers should open a Letter of credit according to the payment clause in the contract, usually one month before the time of shipment. Step 1. Introduction The main methods of payment in international business are as follows: 1. Method of payment 1） Kinds of payments with times （1）Payment before delivery 交货前付款 （2）Payment as delivery 交货时付款 （3）Payment after delivery 交货后付款 Step 1. Introduction 2）Ways of payment （1）A Transfer / Remittance 汇款 Mail Transfer M/T 信汇 Telegraphic Transfer T/T 电汇 Banker`s demand draft D/D 票汇 Step 1. Introduction （2）Collection 托收 Documents against payment D/P 付款交单 Documents against Acceptance D/A 承兑交单 Step 1. Introduction （3）Letter of Credit L/C 信用证 Irrevocable Letter of Credit 不可撤销信用证 Confirmed Letter of Credit 保兑信用证 Divisible Letter of Credit 可分割信用证 Transferable Letter of Credit 可转让信用证 Sight Letter of Credit 即期信用证 Time Letter of Credit 远期信用证 Anticipatory Letter of Credit 预支信用证 Revolving Letter of