国际结算report.docVIP

Report On The Use of D/A Report from : Li Long Sheng(李龙盛) International Business and Trade ,Class Four（08国贸四班） 08250601450 CASE The Use and risks of D/P In february, 20XX, Company A, from China, signed an export contract with Company B which is from UK, by means of D/P 120 days After Sight. However, after instructing Bank C from China to sent out the documents, Company A didnt receive the payment yet in August. Therefore, Bank C instructed Bank D, from UK, to withdraw all the documents by the instruction of Company A. Unfortunately, only after the calling back of Bank D