(国际经济与贸易英文版课件）Chapter_11International Trade Payment.ppt

Learning Objectives 1. To learn the most commonly used instruments of payment – bills of exchange, promissory notes and cheques. 2. To learn the methods of payment in international trade – remittance, collection, letter of credit and bank guarantee. Instruments of Payment Nowadays, non-cash payment are widely adopted in international trade. Under non-cash payment, negotiable instruments to be commonly used as payment instruments are bills of exchange promissory notes cheques, among which bills of exchange are the most widely used ones. Instruments of Payment 1. Definition --票据的定义