第九章 外贸函电..ppt

Chapter Ⅸ Payment Terms （Non-L/C Payment） In this chapter, you will learn: 1.Different methods of payment; 2.Non-L/C Payment method; 3. Set phrases , useful sentence patterns in writing letters on payment. Learning Objectives Introduction Payment is an important part in the inter- national trade. Generally ,there are three major payment methods: remittance, collection and letter of credit. 1.Remittance It means one party (usually the buyer) re- mits a certain sum of money to another usual- ly the seller) in different countries through banks . Remittance includes: Telegraphic transfer(T/T) and Demand Draft (D/D). And Mail Transfer(M/T) used to be one of remit- tance, but now is rarely used. In fact, in international payment T/T is commonly used. 2. Collection It is another kind of payment methods in international trade. It means that the exporter entrusts his bank to collect payment from the importer. Collection can be divided into documentary collection (shipping documents attached to the draft drawn by the exporter) and clear collection (only draft without any shipping documents).The former is often used in international trade while the latter is occasionally used. And there are two types of documentary collection, i.e. documents against payment(D/P)and documents against acceptance (D/A).Compared with D/A, D/P is more safe. 3. Letter of Credit It is relatively reliable and safe method of payment. But because of much expense and time in opening a credit, now it is often replaced by other payment methods. ? Lesson Fifteen   (A) Proposing to Change Payment Terms (B) T/T Payment (C) Reply from the Buyer Words and Expressions 1.payment (n. u.)（paying or being paid） 付款；支付方式； (n.)[C] (sum of money paid or to be paid)支付的款项 terms of pay