L.C信用证..

单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,Letter of Credit,(,L/C,),C,o,n,t,e,n,t,s,1,An Overview of L/C,2,Procedures of L/C,3,Types of credit,4,Key Issues under L/C,1.,An Overview of L/C,Among various ways of payment in international trade,L/C is the most commonly used means of payment,because it is reliable and safe.,1.1 Definition of L/C,A L/C is a written undertaking书面承诺 by a issuing bank开证银行given to the seller/beneficiary卖方/受益人at the request,and on the instruction,of the buyer/applicant买方/申请人to pay at sight or at a determinable future date up to a stated sum of money,within a prescribed time limit and against stipulated documents凭规定的单据which were complied with the terms and conditions of the credit.,1.,2,Contents of a L/C,1.Type of the credit信用证类型,2.Credit number信用证号码,3.Place and Date of issue签发地点和日期,4.Date and place of expiry到期日期和地点,5.Applicant开证申请人,6.Beneficiary受益人,7.Advising bank通知行,8.Amount of credit信用证的金额,9.Nominated bank and credit availability,指定银行和可用信用证,10.Partial shipment分批装运,1.,2,Contents of a L/C,11.Transshipment转运,12.Insurance clause保险条款,13.Shipment address装运地,1420.Documents need to be presented,需要提交的文件,21.The latest date for presentation of the documents提交文件的最近日期,22.Advising instruction建议,23.Bank to bank instruction银行对银行指令,24.Number of pages页数,25.Signature签名,1.,3,Parties involved in a L/C,Applicant or opener,Issuing bank or opening bank开证行,Advising bank,Beneficiary,Negotiating bank议付行,Confirming bank保兑行,2.,Procedures of L/C,Seller/,B,eneficiary,Advising bank,/,D,esignated bank,Buyer/,A,pplicant,Issuing,bank,Shipping,company,contract,application,and cash,deposits,opens a L/C,advise L/C,examine and require an amendment,(修正案),prepare,documents,payment,Forwards documents and claiming reimbursement,examine documents and ask the buyer to redeem,pick up goods,2.,Procedures of L/C,Step 1:,A buyer and a seller enter into a sales contract providing payment by a documentary credit,.,Step 2:,The buyer instructs the issuing bank to issue a documentary credit in favor of the seller,.,Step 3:,The issuing bank opens a documentary credit according to the instructions of the applicant,.,2.,Procedures of L/C,Step 4:,The issuing bank asks another bank,usually in the country of the seller,to advise and perhaps also to add its confirmation to the documentary credit,.,Step 5,：The seller examines the documentary credit,and requires,an amendmen,t,of the credit if necessary.,Step 6:,The seller examines the documentary credit and prepares for the required documents.,2.,Procedures of L/C,Step 7:,The seller presents his documents to the advising bank for settlement,.,Step 8:,The negotiating bank forwards documents to the issuing bank,claiming reimbursement as agreed between the two banks,.,Step 9:,The issuing bank examines the documents and reimburses the negotiating bank,.,Step10:,The buyer redeems the documents and picks up the goods against the documents,.,3.,Types of credit,1.According to the attaching of documents,1)Clean光票credit,2)Documentary跟单credit,2.According to the revocability可撤销of credit,1)Revocable credit 2)Irrevocable credit,3.According to the transferability可转让of credit,1)Transferable credit,2)Non-transferable credit,4.According to the adding of confirmation,1)Confirmed保兑credit 2)Unconfirmed credit,5.According to the time of payment,1)Sight credit 2)Usance or time credit,3.,Types of credit,6.According to the method of payment,1)Sight Payment即期付款credit,2)Deferred payment延期付款credit,3)Acceptance承兑credit,4)Negotiation议付credit,7.According to the credit amount to be used revolvingly,1)Automatic自动式循环,2)Semi-automatic半自动式循环,3)Non-automatic非自动式循环,8.Other credits,1)Red clause预支credit,2)Back to back背对背credit,3)Reciprocal对开credit,4.,Key Issues under L/C,4.1 Urging Establishment of,L/C,load.,The structure,of,writing a letter urging establishment of L/C:,1.,Open the letter in a positive way.For example,in the first paragraph the seller usually informs the buyer that the goods are ready for dispatch or that the shipping space has already been booked.,2.,Politely push the buyers to open the L/C without delay,either by referring to the stipulations of the contract or by reminding the buyers of the seriousness of not opening the L/C in time.,3.,Express expectations and ask the buyers to take immediate action.,Sample Letter,Dear Sirs:,With regard to 150 metric tons of chemical fertilizers under S/C No.005,we have got the goods ready for shipment on schedule as contracted.As the date of shipment is drawing near,we wonder whether you have opened the relevant L/C for the first 75 M/T for shipment during May/June.Please open the L/C as soon as possible so as to enable us to execute your order smoothly.,In order to avoid subsequent L/C amendment,please see to it that the L/C stipulations are in exact accordance with the contract terms.,Your prompt reply will be appreciated.,Yours faithfully,4.,Key Issues under L/C,4.2,L/C,Amendment&Extension,load,The structure,of,writing a letter ask