Chaper 7国际贸易英文第七章.ppt

Chapter 6 International Payment 皋单颤抚秩硝苏价器刽炔烃烙阅识险县冷弧拔李碧诚窄锁辖翔孩窄梢拆垮Chapter 7国际贸易英文第七章Chapter 7国际贸易英文第七章 Chapter Objectives The importance of payment in international trade The function of different payment instruments The items in different payment instruments How to use different payment instruments How remittance and collection work State the stages involved in using a letter of credit 榷椽蒂皆澡码捣憎乳随料悉角萎就磷量疡款皑欠竣煌毅镐约递滑璃襄殉肥Chapter 7国际贸易英文第七章Chapter 7国际贸易英文第七章 Preview Case In 1992, a Guangxi exporting company signed an FOB contract with an importer in a Middle East country. The payment method was L/C at sight. Owing to a tight production schedule, the exporter asked to postpone the delivery. The importer agreed to delay the delivery on the condition that if the L/C expired before the delivery date the payment method would be D/P instead of L/C. The goods were subsequently delivered after the expiry date of the L/C. The importer refused to make payment claiming that the goods were missing. The exporter suffered a great loss. 紧绢喀抨污恫磋婉纽辙骗陵颁揽焙古产似触集翻乓毛搬槛烽河映仑厢实拖Chapter 7国际贸易英文第七章Chapter 7国际贸易英文第七章 6.1 Payment Instruments ＊ Currency ＊ Bill Bill of Exchange (Draft) Promissory Note Check (Cheque) 鹃窗擦蜗烷氯撒祸虽艾惩匆蚕昭管柠坤朵醉塞垛毙蔡窃货佐岗栗韶匙蓝公Chapter 7国际贸易英文第七章Chapter 7国际贸易英文第七章 Definition A bill of exchange is an unconditional order in writing, addressed by one person (the drawer) to another (the drawee) and signed by the person giving it. It requires the drawee to pay on demand, or at a fixed or determinable further time, a specified sum of money to, or to the order of , a specified person (the payee) or to the bearer. 6.1.1 Bill of Exchange 合爸沃燥搐峙邻沦优孤芍坞雀财危迄瞒怪粒箱桩寻剩陇滴刷棒骡偷招醚波Chapter 7国际贸易英文第七章Chapter 7国际贸易英文第七章 Note Parties of bill of exchange The drawer: the person who draws the bill and he is usually the exporter or his bank in import and export trade. The drawee (payer): the person who is to pay the money and he is usually the importer or the appointed bank under a L/C in import and