Chapter 8 payment terms 2012.11.07支付条款.ppt

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、支票 Cheque, Check;