国际结算笔记3.ppt

Chapter 4 Documents in International Settlements introduction of documents classifications financial documents: bills of exchange, promissory notes and checks; mercantile documents: commercial invoice, transport documents, insurance policies and other documents. the importance of documents Chapter 4 Documents in International Settlements In international settlements, all relevant parties deal with documents, not goods. Banks pay against documents; Exporters receive payment by handling over the required documents; Importers pay by virtue of documents. The documents called for by a payment method differs according to the nature of the transaction, the goods and the countries of exporters and importers, etc.. Chapter 4 Documents in International Settlements functions Evidence for the exporter to fulfill the sale contract; representation of the goods; financing means. Requirements: accurate, complete, timely, tidy requirements for making documents (Article20b); requirements for signatures in documents; requirements for the number of original documents and copies (article20c); Requirements for authentication (article20d) requirements for issuance date (article22). Chapter 4 Documents in International Settlements Classifications basic documents: commercial invoice, bill of lading, insurance policy or certificate additional documents: packing list, certificate of origin, inspection certificate, cable copy, and so on. Chapter 4 Documents in International Settlements Commercial invoice Definition A commercial invoice is the key accounting document describing the commercial transaction between the buyer and the seller, which gives details of the goods, service, price, quantity, settlement terms and shipment. functions ⅠIt is evidence for the importer to check goods and make payment. Chapter 4 Documents in International Settlements ⅡThe commercial invoice is the basis for the importer’s Customs identification, classification, duty/tax assessmen