国际结算理论·实务·案例双语教材chapter 6 Collection.pdfVIP

Chapter 6 Means of Int’l Settlement Collection Definition Principal (seller/exporter) Remitting bank (principal’s/ seller’s bank) Collecting bank Parties Payer (buyer /importer) Presenting bank Agent in case of need Means of Int’l Clean Collection (D/P，付款交单) Classification of Collection Collection Documentary (D/A，承兑交单) Collection Uniform Rules for Collection Collection Order The Endorsement of Collection 6.1 Definition After the exporter has shipped the goods, he presents the draft and documents to his bank with his collection instruction. The bank will collect the proceeds on behalf of him. 6.2 Parties  Principal (seller/exporter/payee/drawer)  Remitting bank (principal’s/ seller’s bank/payee of the collection bill/endorsee) Collecting bank (importer’s bank/endorsee or payee of the collection bill)  Payer (buyer/importer/drawee)  Presenting bank Agent in case of need 1. Principal ( 委托人) The principal is usually the exporter who entrusts the collection items to the bank. The principal consign the bank to receive the amount of the draft from overseas debtor, can also be called drawer . The liability of the principal : Ship the goods in accordance with the contract; Entrust the handling of a collection and hand over the documents in accordance with contract; Fill in the collection order; Deliver a complete and correct package of documents in time 2. Remitting bank （托收行） This is the bank that accept the entrustment of the principal and achieve the collection by its overseas correspondent. Such a bank i