第四章 国际汇兑.pdf

Chapter 4 remittance Chapter 4 remittance In this chapter, we will learn: In this chapter, we will learn: 1.Methods, parties and procedures of remittance 1.Methods, parties and procedures of remittance 2. Advantages and disadvantages of remittance. 2. Advantages and disadvantages of remittance. 3. Practice of remittance. 3. Practice of remittance. 4.The function of remittance in international trade. 4.The function of remittance in international trade. 4.1 general description 4.1 general description Definition: Definition: International remittance happens when a client International remittance happens when a client (payer) asks his bank to send a sum of money to (payer) asks his bank to send a sum of money to a beneficiary abroad by one of the transfer a beneficiary abroad by one of the transfer methods at his option. The beneficiary can be methods at his option. The beneficiary can be paid at the designated bank, which is either the paid at the designated bank, which is either the remitting bank’s overseas branch or its remitting bank’s overseas branch or its correspondent. correspondent. that is to say, when remittance is adopted in that is to say, when remittance is adopted in international trade, the buyer on his own international trade, the buyer on his own initiative remits money to the seller through a initiative remits money to the seller through a bank in accordance with the terms and time bank in accordance with the terms and time stipulated in the contract. stipulated in the contract. 4.1 parties concerned and methods 4.1 parties concerned and methods Parties involved in international bank remittance Parties involved in international bank remittance include the following: include the following: (1) The remitter(汇款人): the remitter is the (1) The remitter(汇款人): the remitter is the