自考国际商务英语lesson10.pptVIP

International Business English Lesson 10 International Payment Business Knowledge (1) The complexity of payment in international trade A. Risks faced by the exporter and importer Political factors 政治因素, commercial factors, geographical factors, etc (2) Two methods of payment used under certain conditions A. Cash in advance or partial cash in advance B. Open account (3) The draft (bill of exchange) A. Definition B. Sight draft and Usance draft (tenor draft or term draft) Clean draft and documentary draft (4) Documentary collection A. Documents against payment (D/P) a. D/P at sight b. D/P after sight B. Documents against acceptance (D/A) Trade Terms 1. Debtor 债务人 2. Debit 借方 3. Financial standing 财务状况= financial status = financial strength 4. Credit worthiness 资信可靠状况 5. Periodic payments 分阶段付款 6. Cash in advance 预付现金 7. Draft 汇票:= Bill of exchange. It is an unconditional order to a bank or a customer to pay a sum of money to someone on demand or at a fixed time in the future. 8. Drawer 出票人: The person who draws the draft (usually the exporter) 9. Drawee 受票人: The person to whom the draft is drawn. 10.Payee 收款人、领款人: The person receiving the payment. 11.Sight draft 即期汇票: The draft calls for immediate payment on presentation to the drawee. 12.Usance draft 远期汇票=Term draft = Tenor draft: The draft is payable at a later date on presentation to the drawee. 13.Clean draft 光票: The draft without documents 14. Documentary draft 跟单汇票: The draft is accompanied by the relevant documents. 15. Documentary collection 跟单托收: It is means of ensuring that the goods are only handed over to the buyer when the amount shown on a bill of exchange is paid or when the customer accepts the bill as a contract to pay by a specified date. 16. Open account 记账交易 17. D/P 付款交单: Documents against payment 18. D/A 承兑交单: Documents against acceptance 19. D/P at sight 即期付款交单 20. D/P after sight 远期付款交单 21. Title to the goods 货物所有权 22. Ownership to the goods 货物所有权 23. Insurance policy 保