Unit 0-2Documentary Credit.pptVIP

二、The contractual arrangement under a L/C operation 1. The sales contract between beneficiary and applicant. 2. The application between issuing bank and applicant. 3. The documentary credit between beneficiary and issuing bank. 三、Advantages and Disadvantages of L/C (一) Advantage 1. Once conforming documents are presented to the negotiating bank, beneficiary will be sure to secure negotiation, and therefore speeds up his funds turn over. 2. The burden of bankroll is more balanceable than collection. 信用证业务中常见的费用 1、出口地银行:通知费、议付费 ( 验单费 ) 、邮费、电报费、保兑费 2、进口开证行:开证费、电报费、修改费、不符点费、承兑费