(国际贸易实务课件)支付方式3.ppt

* UCP 600 – Revised Rules for Letters of Credit Buyer Issuing Bank Advising / Negotiating Bank Negotiable Documents Goods Services Letter of Credit UCP How a Letter of Credit Works??? Seller * UCP 600 – Structure (39 Articles): Article 1: Application of UCP Article 2: Definitions Article 3: Interpretations Article 4: Credits v. Contracts Article 5: Documents v. Goods, Services or Performance. Article 6: Availability, Expiry Date and Place for Presentation. Article 7: Issuing Bank Undertaking. Article 8: Confirming Bank Undertaking. Article 9: Advising of Credits and Amendments. Article 10: Amendments. * UCP 600 – Structure (cont): Article 11: Teletransmitted Pre-Advised Credits/Amends. Article 12: Nomination. Article 13: Bank-to-Bank reimbursement Arrangements. Article 14: Standard for Examination of Documents. Article 15: Complying Presentation. Article 16: Discrepant Documents, Waiver and Notice. Article 17: Original Documents and Copies. Article 18: Commercial Invoice. Article 19: Transport Doc… Two Different Modes of Transportation. Article 20: Bill of Lading. * The life of a Typical Banker’s Acceptance Mr. Jones (Importer) Mr. Susuki (Exporter) Japan Bank 1. Purchase Order 5. Shipment of Cars 3. L/C 7. Shipping documents Time Draft American Bank Draft Accepted (B/A Created) 8. Payment - Discounted Value of B/A Money Marker Investor 15. B/A Presented at Maturity 16. Payment - Face Value of B/A 13. Payment-Discounted Value of B/A 12. B/A 4. L/C Notification 6. Shipping Documents Time Draft 9. Payment-Discounted Value of B/A 9. Payment - Face Value of B/A 6. Shipping Documents 10. Signed Promissory Note for Face Value of B/A 2. L/C Application Prior to B/A Creation At and just after B/A Creation At maturity date of B/A * Common Documents of D/C: Draft Transport Document (B/L) Commercial invoice Insurance policy or certificate Packing list Certificate of origin, Certificate of weight Beneficiary statements * When receives an L/C CHEC