张茂荣《国际结算》2.Negotiable instruments.pptVIP

The rules for calculating the due date of a bill It definitely indicates in UCP600 that the words “from” and “after” exclude the date mentioned when determining a maturity date of payment. The month on a bill is the calendar month. The half month on a bill is calculated as 15 days. Calculate the month first, then calculate the half month. If the paying date is a non-business day, the bill should be paid on the succeeding business day. * 6. A fixed amount of money The amount certain in money must be clearly expressed in both words and figures and the two amounts must be the same. A discrepancy between the sums in words and figures BEA: the sum in words will be used Some countries: the smaller one Others: the instrument invalid * 一定金额的货币 必须支付一定金额的货币，否则票据无效。 所谓一定金额，意指任何人都可以计算出来或可以确定的金额。 汇票除了写明应付的确定金额外，有时还可： 1. 带有利息。 2. 分期付款。 3. 支付等值其他货币。 The amount with interest BEA: If the amount of the interest is uncertain, the bill will be invalid. The Uniform Law: Only sight bill and the bill payable at a fixed time after date could indicate the interest. If the amount of the interest is uncertain, the part of the interest is invalid, but the bill is still valid. NIL of PRC: similar stipulation with the Uniform Law for Exchange and Promissory Notes of Geneva of 1930. * “Pay to … the sum of US dollars one thousand plus interest.” “Pay to … the sum of US dollars one thousand plus interest at 6% p.a. (per annum/ per year).” (uncertain period) “Pay to … the sum of US dollars one thousand plus interest at 6% p.a. from the date hereof to the date of payment.” * About instalments on a bill BEA: Indicating payable by instalments on a bill is acceptable. But the amount by instalments must be certain. Uniform Law for Bills of Exchange and Promissory Notes of Geneva of 1930: unacceptable Others: unacceptable * Samples “Pay to the order of ABC Co. the sum of one thousand US dollars by installments.” “At 30 days after date pay to the order of ABC Co. the sum of one thousand US