2014国际贸易英文第七章.pptVIP

Chapter 6 International Payment Chapter Objectives Preview Case In 1992, a Guangxi exporting company signed an FOB contract with an importer in a Middle East country. The payment method was L/C at sight. Owing to a tight production schedule, the exporter asked to postpone the delivery. The importer agreed to delay the delivery on the condition that if the L/C expired before the delivery date the payment method would be D/P instead of L/C. The goods were subsequently delivered after the expiry date of the L/C. The importer refused to make payment claiming that the goods were missing. The export