payment in international trade.pptVIP

Chapter 11 Payment in international trade 11.1 Bill of exchange 11.2 Modes of payment 11.3 Payment clause in a contract 11.1 Bill of exchange 1.The definition of bill of exchange 2. Parties to a bill of exchange 3. Requisite items to a bill of exchange 4. Classification of the bill of exchange 5. Handling a bill of exchange 6.The function of bill of exchange 1.The definition of bill of exchange P118 2. Parties to a bill of exchange汇票的当事人 a. The drawer: 出票人 b. The drawee: 付款人 c. The payee: 受款人 A bill is drawn by us on you payable to them. BILL OF EXCHANGE No.09-7019 Beijing, 20th Sep. 2010 Exchange for USD8,040.00 At 30 days D/P sight of this FIRST of Exchange (Second being unpaid) . Pay to the order of BANK OF COMMUNICATIONS the sum of US DOLLARS EIGHT THOUSAND AND FORTY ONLY Drawn under Metropolitan Bank ,L/C No.0319, dated:6th sep.2010 To Metropolitan Bank Ltd. Spencer’s building humdinger Road Karrachi-Pakistan 　　　　　　 For: NCUT 　　　　　　　　　　　　　　　　　　　　 XIEZHAOYANG 3. Requisite items Bill of Exchange, Exchange for/draft Unconditional Amount Tenor Payer: drawee Drawer Payee Date of Issue Place of Issue Place of payment Exercise: Making up a bill of lading Date:24 Nov.,2011 amount:GBP21787.00 tenor: at 45 days after sight/date drawer: China National Animal By-products Imp. Exp. Corp., Beijing Branch, Beijing drawee: Bank of Atlantic, London payee: the order of China National Animal By-products Imp. Exp. Corp., Beijing Branch, drawn clause: issuing bank :Bank of Atlantic, London ; issuing date :31 Oct.,2011, L/C No. 1162/02 BILL OF EXCHANGE No.28-TA2406 Exchange for At sight of this FIRST of Exchange(Second being unpaid) . Pay to the sum of Drawn under To