《国际金融》10.pptVIP

Lesson 10 International Trade Documentary Collections Learning Objectives Procedures of Documentary collections Advantages and disadvantages of documentary collections Parties involved in a documentary collection Forms of documentary collections Documentary Credit Procedure 期末考试要求以及评分标准 翻译部分（20分）：要求：1.每个同学英文原文的内容不得少于A4两页，如果页中有图表或者空白部分，应酌情补足；５分2.翻译稿不要求打印（即打印稿件没有加分）；3.使用机器翻译的，一经查实，以不及格论处；答辩时对译文内容一问三不知的，同上；4.每位同学必须用铅笔划出至少5处在翻译过程中觉得有困难，拿不准的地方；划出三处自己翻译得比较满意的地方；８分5.对文中出现的专业名词、术语，请用色笔标注，并做到正确翻译、理解清楚、概念准确　７分答辩表现（10分）：回答正确８分；英文方式可获得加分１－５分；基础知识测试（10分）：　　　　两种方式选择：１．我给出知识点列表，但考试时不允许携带任何笔记；（相当于闭卷）２．不给知识点列表，允许同学携带Ａ４大小笔记一页（只能书写一面，相当于半开卷）　　　　评分标准：解答正确８分；英文方式可获得加分１－５分 * * Documentary collections Procedure 1. The exporter will issue instructions to his banker (remitting bank) as to how the transaction is to be handled 2. The remitting bank encloses the bill and documents with its own detailed instructions (from the lodgement by the exporter) to the collecting bank Importer Exporter 1. Sale Contract 3. The overseas collecting bank will arrange ‘presentation’ of the Bill of Exchange to the buyer The exporter retain control of goods until payment or at least promise of payment is received based on the use of a Bill of Exchange Bill of Exchange, or draft, is a cheque that the exporter draws on the importer’s bank account Before it is valid, the importer must sign it, thereby signifying acceptance to pay 2 types of Bill of Exchange - ‘on demand’/at sight, or at term Document against Payment (D/P) - at sight instructions will be to release documents after payment the seller instructs that the draft be presented on arrival of the goods (goods by sea come later after documents) the collecting bank will send the funds to the remitting bank where, they will be credited to the exporter’s account Documents against Acceptance (D/A) - at term (after sight) Normally a term draft will be drawn at 30, 60 or 90 days after sight or at a specific date Once the draft is ‘accepted’ by the