国际结算(杨娟著)英文课件7.pptVIP

* 议付行（Negotiating bank） Negotiation means the purchase by the nominated bank of drafts and documents under a complying presentation, by advancing or agreeing to advance funds to the beneficiary on or before the banking day on which reimbursement is due to.（UCP600） Negotiating bank can be advising bank or confirming bank * Letter of Hypothecation(L/H 质押书) When sth happened, the N.B. has the right to deal with the documents, even sell the goods. When dishonored by the issuing bank, it has the right of recourse to the beneficiary; Obtain the reimbursement from the issuing bank * 付款行（Paying/accepting bank） It is a bank nominated or authorized by the issuing bank. Once it has been established that the documents are of no discrepancy, it will pay at maturity or incur a deferred payment undertaking without recourse. * Paying Bank’s Legal rights (1) The paying bank is usually the issuing bank’s sister bank or correspondent bank under an agent agreement with issuing bank. The paying bank may refuse to pay if the credit amount exceeds line of the agreement between the paying bank and the issuing bank. (2) The paying bank may refuse to pay if the documents presented do not comply with terms and conditions of the credit. * Paying Bank’s Legal Liability (1) The paying bank is obliged to check documents and effect payment after signing an agent agreement with the issuing bank. (2) The payment of paying bank is final and it has no right of recourse to the presenter of documents. The paying bank will be responsible for its own action if the issuing bank refuses to accept documents with discrepancies. * 偿付行（Reimbursing bank） A bank named in credit from which the paying bank, accepting bank or negotiating bank may request cover after paying or negotiating the documents. the reimbursing bank shall not examine the documents the reimbursing bank may refuse to pay if the issuing bank has not enough deposits. * 6. 3 Contents and form of a L/C 6.3.1 The form of iss