国际贸易实务(双语)PPT课件.pptVIP

2) The Parties to a Bill of Exchange A bill of exchange involves three parties: Drawer: The person who writes the order and gives directions to the person to make a specific payment of money. He is usually the exporter or his banker in import and export trade; usually, he is also a creditor of the drawee. Drawee: The person to whom the order is addressed and who is to pay the money. He is usually the importer or the appointed bank under a letter of credit in import and export trade. In addition, when a time bill has been accepted by the drawee, he becomes an acceptor who is the same person as the drawee. The drawer and the acceptor must be different persons. The relationship among these parties in a bill of exchange may be described as a triangle as above Payee Drawee Drawer Contents in Draft 1）Involved Parties 出票人 （Drawer） (Drawee) 受票人 = Payer (Payee) 收款人 3) Classification of Bill of Exchange (1). Commercial bill and Banker’s Bill According to different drawee, the bills of exchange can be classified into commercial bill and banker’s bill. If the drawer is a commercial concern, the bill is called a commercial bill. It is often used in foreign trade finance. If the drawer is a bank, the bill is called a banker’s bill. It is mainly used in remittance. (2). Clean bill and documentary bill In the transfer of the bill of exchange, if the bill of exchange is accompanied by shipping documents, it is a documentary bill, if not, it is a clean bill. In international trade, mostly it is the documentary bill that is used, occasionally the clean bill is used to collect payment in small or sundry charges，such as commission, interest, sample fee and cash in advance, etc. According to the time when the bill falls due, bills of exchange may be divided into sight (or demand) bill or a time (or usance ) bill. A sight bill demands immediate payment by the drawee at the sight of the bill. In case of a time bill, the drawee is required to accept it