Letter of Credit 信用证 国际结算 教学课件.pptVIP

Letter of Credit Review 1.Procedure A Credit must state whether it is available by sight payment, deferred payment, acceptance or negotiation. Under such a credit, the beneficiary (the drawer) is entitled to receive payment at once on presentation of his draft to the drawee bank or the issuing bank if drawn on the issuing bank, once the relevant documents have been checked and found to be in order. A negotiation credit assures that any bank negotiating the drafts will be duly honored by the issuing bank provided all the terms stipulated are complied with. 2.Time Credit If a letter of credit specifies that drafts are to be drawn at any length of time, such as 60 days, 90days or 180days, after sight, it is called a time or usance credt. Acceptance Credit and Deferred Credit 可转让信用证是指信用证的受益人(第一受益人)可以要求授权付款,承担延期付款责任对汇票承兑或议付的银行(统称为转让行),或当信用证是自由议付时,可以要求信用证中特别授权的转让银行,将该信用证全部或部分转让给一个或数个受益人(第二受益人)使用的信用证. 我方进口国外原料时，开立凭承兑交单的远期信用证，在出口成品时，要求对方开来即期信用证，这样原料到，我方在承兑信用证项下的远期汇票后，即可提取原料进行加工，待成品完工后，就用收到的出口货款偿付应付的到期原料费，可使外汇自相平衡，以达到先收后付，不垫外汇的目的。 ② Usance drafts drawn under this credit are to be negotiated at sight basis. Interest is for buyer’s account.本证下的远期汇票可按即期议付处理。利息由买方负担。 ③ Payment are to be made at sight basis. Discount charges, acceptance commission and stamp duty, if any, are for account of the applicant. 本证按即期付款处理。贴现费，承兑费和印花税（如果有），由申请人承担。 ④ The negotiating bank is authorized to negotiate the usance draft at sight for the face amount.议付行被授权对本证下的远期汇票按票面金额进行即期议付。 A transferable Credit is a Credit under which the Beneficiary (First Beneficiary) may request the nominated bank , specifically authorized in the Credit as a Transferring Bank, to make the Credit available in whole or in part to one or more other Beneficiary(ies) (Second Beneficiary(ies)). 6.2.5 Transferable credit可转让信用证 6.2 Types of Credit 信用证的种类 1. Definition applicant Issuing bank Secondary beneficiary Advising bank/ transferring bank First benefi