跟单信用证MT700常见项目.PPT

Unit Nine Letters of Credit TEXT… Payment plays an important role in foreign trade. It is often complicated. The mode of payment for each transaction is to be agreed upon between the two trading parties at the time of placing an order. The most often adopted mode of payment in our foreign trade is Letter of Credit. After contract or confirmation is signed by buyers and sellers, the buyers should open a letter of credit, according to the payment clause in the contract, usually one month before the time of shipment. 信用证的主要内容… Description of L/C: Form of L/C No. of L/C Amount Date of Issue Validity and Place of Expiry Parties’ Name and Address 信用证的主要内容… Clause of Draft : Drawer Drawee Tenor Draw under Description of Goods Name of Commodity Quality Quantity Packing Shipping Mark Unit Price Amount 信用证的主要内容… Clause on Shipment Date of Shipment Port of Shipment Port of Destination Modes of Shipment Partial Shipment Transshipment Clauses on Documents Special Clauses/Conditions Warranties of Issuing Bank Specimen letter 1: Letter of Credit 1（信用证1）P.P.191 LETTER OF CREDIT BANK OF BOSTON THE FIRST NATIONAL BANK OF BOSTON POST OFFICE BOX 1763 BOSTON, MASSACHUSETTS 02105 USA CONFIRMED IRREVOCABLE LETTER OF CREDIT No.9753 Gentlemen, We hereby authorize you to draw at sight on BANK OF BOSTON, MASACHUSETTS, U.S.A up to aggregate amount of $… （Say… DOLLARS ONLY IN U.S.A. CURRENCY）, from the account of Asia-American Oil Tools and Services, Ltd, Chiwan, Shenzhen, P.R.China. Drafts under this Confirmed Irrevocable Letter of Credit must bear on their face the words “Drawn Under Bank of Boston, Massachusetts, Letter of Credit number 9753, dated August 15, 1992” The sight draft is to be for a maximum amount of … of 85% of the total amount of Contract Price … under Contract No. OT1179 dated July 27, 1992, accompanied by the following: -Three (3) copies of seller’s invoice -Clean on Board Ocean Bill of Lading -Packing list -Certificate of quality and quantity