国际结算(双语)第九章：福费廷 chapter9 Forfaiting.pptxVIP

International Settlement;Chapter9 Forfaiting;9.1 Evolution and development of Forfaiting; 2. Definition of Forfaiting:According to the Oxford Dictionary of Finance, forfaiting is “a form of debt discounting for exporters in which a forfeiter accepts at a discount and without recourse promissory notes, bills of exchange, or letters of credit received from a foreign buyer by an exporter. ;3. Basic conditions: the forfaiting must be based on a real trade contract and this contract must be lawful; the exporter must have a legal person status, have the license to run import and export, have a do