国际支付5单元-托收.ppt

5.8 The Collection Order The collection order is the key document prepared by the seller specifying the terms and conditions of the documentary collection. It must be prepared with great care and precision as the banks are only permitted to act upon the instructions given in the order and not on instructions from past transactions or verbal understandings. On the following page is a sample collection order(p.45) and below are notes for key provisions of the document. The payment period as agreed with the buyer The name and address of the buyer The buyers bank Instructions, if any, about what to do with the accepted bill of exchange Notation concerning payment of charges for the documentary collection Notation/instructions for the lodging of a protest in the event of nonacceptance or nonpayment Instructions for notification of agent or representative in the buyers country 5.9 Important Principles Regarding the Role of Banks It is important to note that documentary collection procedures are not infallible绝对可靠的. Things can and do go wrong. Since banks act as intermediaries between buyers and sellers, both look to the banks as protectors of their interests. However, while banks have clear cut responsibilities, they are also shielded from certain problems deemed to be out of their control or responsibility. Several instances: Banks act upon specific instructions given by the principal (seller) in the collection order. Sellers instructions left out of the collection order by mistake or omitted because weve always done it that way dont count. The principal, therefore, should take great care in preparing the collection order so that it gives complete and clear instructions. Banks are required to act in good faith and exercise reasonable care to verify that the documents submitted APPEAR to be as listed in the collection order. They are, however, under no obligation to confirm the authenticity of the documents submitted. Banks are not liable nor can they be held accoun