新商务英语理论与实务 教学课件 蒋景东situation 6 Task 5.pptVIP

Situation 6 International Trade Task 5 International Payment Task 5 International Payment ? Objectives 1. Grasp the frequently used instruments of international payment. 2. Grasp the terms of international payment. Task 5 International Payment I Pre-reading Pair work: Discuss the following questions with your partner. 1. What are the main instruments of payment in your daily life? 2. Are they suitable in the international trade in your opinion? 3. What is the main term of payment in the international trade to your knowledge? Why? 4. How many payment methods are there about international trade? 5. How many aspects do the contents of an L/C mainly contain ? Task 5 International Payment II Case study of the task Negotiation About Payment Terms Company A in China intends to export 5000 tons of peanuts to Company B in Japan. Company A requires L/C payment while Company B insists in taking terms of D/A. The two parties are bargaining on this. Questions: 1. What is an L/C? What is D/A? 2. Do you know the principles about payment terms? What are they? 3. Why do the two companies insist on different opinions? Task 5 International Payment III Text International Payment No international transaction can be said to be successful until payment has been received for the goods delivered overseas, and the proceeds have been safely credited to the exporter’s account. Compared with payments arrangements for domestic transactions, international payment agreements are much more complicated and difficult. Task 5 International Payment Instruments of Payment There are different means of payment including draft, promissory note, check, credit card and cash, etc. Cash and credit card are rarely used for large transactions in international trade. The common instruments of international trade are draft, promissory note, and check, among which draft is the most frequently used one. Task 5 International Payment 1. Draft / Bill of Exchange A draft is an