chapter4Letterofcredit.ppt

chapter 5 Letter of credit;Main contents;1. Definition;;What does honour mean?;What does Complying presentation mean? ;;*;TOO MANY L/C’S;;2. Characteristics of a L/C;3. Parties to Letter of Credit;*;;4. Procedures of documentary credit operation;*;*;3. Contents of an L/C;Items concerning transportation; Items concerning documents required;Items concerning commercial practice;5. Types of Letter of Credit;Other types:;6. Checking and Amendment of letter of credit;7. Amendment of Letter of Credit;Some knowledge about UCP;信用证统一惯例的沿革 《跟单信用证统一惯例》（Uniform Customs and Practice for Documentar