chapte6 terms of payment重点.pptVIP

Chapter 6 Payment Terms;Main content;Difficulty in payment of international transaction;Payment instruments of international trade;一、Draft/ Bill of Exchange;（二）Parties involved;;Samples ;;（四）Types of drafts;3.Time of payment Sight/demand bill即期汇票 Time/Usance bill远期汇票 According to tenor, a bill of exchange may either be paid at sight on presentation or be required to be paid at a later date, such as: 见票后若干天付款 Pay at 30 days after sight. 出票后若干天付款 Pay at 30 days after date of draft. 运输单据日后若干天付款 Pay at 30 days after date of B/L. 指定日期付款 Pay at 10th July,2004.;4.按承兑人不同 commercial acceptance draft商业承兑汇票 由商业企业或个人承兑的远期汇票 banker’s acceptance draft银行承兑汇票 由银行承兑的远期汇票;（五）The use of draft;1、出票 Issuance;To order 指示性抬头 such as “to order” “pay to the order of ABC Co. Ltd.” It can be negotiated or transferred to anther party after endorsement by the payee. To bearer 持票人或来人抬头 It does not need the endorsement for transfer.;2、提示 presentation;3、承兑 Acceptance;4、付款 payment;5、背书 Endorsement;6、贴现 Discount;7、拒付 Dishonor;8、追索 Recourse;二、本票 Promissory Note ;（二）Main parities ;;（三Types ; Differences between draft and PN; 本票出票人是主要债务人， 汇票承兑前，出票人是主要债务人， 承兑后，承兑人是主要债务人; ;三、支票 Cheque, Check;;（二）支票的种类;Methods of payment;Three methods;Remittance 汇付;二、Parties involved;三、Types ;（一）电汇 Telegraphic Transfer(T/T);信汇和电汇的一般业务程序：;（二）票汇 Remittance by Banker’s Demand Draft(D/D);features;（三）信汇 Mail Transfer(M/T) Definition: made between banks by mail The buyer gives money to a local bank which sends a trust deed for payment to its correspondent bank at the seller’s end by mail and entrusts it to pay money to the seller. 汇出行应汇款人的申请，将信汇委托书或支付通知书通过邮政信件寄给汇入行，授权解付一定金额给收款人 features : it is slow it is cheaper;Collection;二、Parties involved;三、types of collection;（二）Documentary Collection It is a means of ensuring that goods (title documents) are only handed over to the buyer by the collecting bank when the