国际贸易Lecure11.pptVIP

Lecture11.Payment of Goods(2) Contents Key points Patterns of payment 1.Remittance(汇付)—commercial credit (1)M/T(Mail transfer) (2)T/T(Telegraphic transfer) (3)D/D(Banker’s demand draft) 2.Collection(托收)---commercial credit 3.Letter of credit(信用证) 4.Factoring(出售应收账款) 5.Forfeiting(包买票据) Financing credit I. Patterns of payment(付款的方式） 1.Remittance(汇付) (1)Meaning of remittance Remitting bank transfers funds directly to the payee on the request of remitter(出票人) (2)4 parties involving in the remittance Remitter(出票人,付款人): the person remitting the payment(importer in exporting-importing trade ) Payee/Beneficiary(收款人): the person collecting the payment(exporter) Remitting bank(汇出行):entrusted by the remitter to remit the payment I. Patterns of payment(付款的方式） (4)Paying bank(汇入行):correspondent bank or agent bank to pay for the exporter (obligee/payee /beneficiary ) 2.Three basic ways to transfer payment to abroad (1)Remittance by airmail—Mail transfer(M/T信汇) (2)Remittance by cable/telex/SWIFT—telegraphic transfer(T/T电汇) (3)Remittance by banker’s demand draft(D/D票汇) I. Patterns of payment(付款的方式） 2.Three basic ways to transfer payment to abroad (1)Remittance by airmail—Mail transfer(M/T信汇) Process: Remitter(Importer)付款人 Hand over application fund by a check(1) Turning back the stub回执单（2) Remitting bank (汇付行) Payee(Exporter) 收款人 Paying bank (汇入行） Mail transfer Advice(信汇通知书）(4) Send instruction（委托书） for remittance(3) Debit memo（借款通知单）(7) Singing a receipt(5) Paying(6) Difference Between M/T T/T:using telecommunication (2)Remittance by cable/telex/SWIFT—telegraphic transfer(T/T电汇) SWIFT(Society for worldwide Inter-bank Financial Telecommunication)环球同业银行金融电讯协会 Advantages: (1)Safety (2)high speed (3)Low expense (4)automation I. Patterns of payment(付款的方式） (3)D/D(Banker’s demand draft)票汇 Remitter(Importer)付款人 Hand over application fund by a check(1) Issuing draft(2) Remitting bank (汇付行) Payee(Exporter) 收款人 Paying bank (汇入行） Verifying p