国际结算.docx

1、国际结算Translation1.无追索权的 without recourse 2.投标保函Tender Guarantee3.备用信用证 stand-by credit4.托收出口押汇collection bill purchased5.善意持票人 bona-fide holder6.信托收据Trust receipt7.承兑交单documents against acceptance8.拒付通知notice of dishonor9.循环信用证Revolving Credit10.空白背书 blank endorsement1.Acceptance for honor 参加承兑2.Afte

2、r sight 见票即付3.Short form bill of lading 简式提单4.Mail remittance 信汇5.Countermand of payment 止付6.Clearing bank 清算银行7.Proforma invoice 形式发票8.Subsequent holder 后手9.Disclosed factoring 公开保理10.Shipping mark 唛头1.CIF 到岸价2.Advance payment 预付款3.Correspondent bank 代理银行4.Test key 密押5.Confirmed letter of credit 保兑

3、信用证6.Subsequent endorser 后手7.Direct guarantee 直接担保8.Deferred credit 延期付款信用证9.Insurance certificate 保险证书，小保单10.Clean bill of lading 清洁提单1.原产地证书 certificate of original2.经常账户 current account3.金融单据 financial document4.参加承兑人 acceptor for honor5.商业发票 commercial invoice6.承兑交单 documents against acceptance7

4、.账户关系8.贷记通知 credit advice9.电汇 telegraphic transfer10.银行信用 the reputation of the bankMultiple Choice1.If bank of china instructs bank of America to pay a sum of USD1,000,000.00 to Midland, its nostro account will beA.credited B. debited C. increased D. decreased Nostro account 往账，我行在他行开立的存款账户2.if a b

5、ill is payable “60 days after date”, the date of payment id decided according toA.the date of acceptanceB.the date of presentationC.the date of the billD.the date of maturity At days/month(s) after date出票后若干天、月付款3.A(n)_ is a financial document.A.bill of exchange B.bill of ladingC.insurance policyD.c

6、ommercial invoice“Financial Documents” means bills of exchange, promissory notes, cheques, or other similar instruments used for obtaining the payment of money.“Commercial Documents” means invoices, transport documents of title or other similar documents, or any other documents whatsoever, not being

7、 financial documents. 4.The party to whom the bill is addressed is called the _A.drawerB.draweeC.payeeD.drawer5.To the importer, the fastest and safest method of settlement isA.letter of creditB.cash in advanceC.open accountD.collectionOpen account business 赊账业务Payment after Arrival of the Goods whi

8、ch is adopted in international trade is usually effected by remittance too, and is advantageous to importer6.Which of the following is based on commercial credit?A.letter of creditB.bank letter of guaranteeC.collectionD.insurance7.Which type of collection offers greatest security to the exporter?A.D

9、ocuments against acceptanceB.Documents against paymentC.Clean collectionD.Acceptance D/P8.The principal is generally the customer of a bank who prepares documentation and submits them to the_ bank with a collection order for payment from the buyer (drawee).A.remittingB.collectingC.presentingD.corres

10、pondent9.A letter of credit is_A.a formal guarantee of paymentB.a conditional undertaking to make paymentC.an unconditional undertaking to make paymentD.a two bank guarantee of paymentThe documentary credit跟单信用证 or letter of credit is an undertaking(保证) issued by a bank for the account of the buyer

11、(the applicant) or for its own account, to pay the beneficiary the value of the draft and/or documents provided that the terms and conditions of the documentary credit are complied with完全符合. 10.From the point of view of a Chinese,_is our banks account in the books of an overseas bank,denominated in

12、foreign currency.A.a vostro accountB.a nostro accountC.a mirror accountD.a record account11. If a bill is payable “120 days after date”, the date of payment id decided according toA.the date of acceptanceB.the date of presentationC.the date of the billD.the date of maturity12. A(n)_is a commercial d

13、ocument.A.bill of exchangeB.bill of ladingC.promissory checkD.check“Financial Documents” means bills of exchange, promissory notes, cheques, or other similar instruments used for obtaining the payment of money.“Commercial Documents” means invoices, transport documents of title or other similar docum

14、ents, or any other documents whatsoever, not being financial documents. 13.The party to whom the bill is addressed is called the_A.drawerB.draweeC.payeeD.payer14. Which of the following is based on bankers credit?A.Letter of creditB.D/PC.D/AD.T/T 15._is a compromised method between open account and

15、cash in advance. A. Letter of guarantee B. remittance C. treasury bills D. Documentary collection16.The various methods of settlement all involve the same book keeping记账. The onlyDifference isA.the method by which the overseas bank is advised about the transferB.the method by which the beneficiary i

16、s advised about the transferC.the speedD.the beneficiary17.If a London Bank makes a payment to a correspondent abroad,_A.it will remit the sum abroadB.the foreign banks vostro account will be creditedC.the London banks nostro account will be creditedD.either A or B18.Which type of collection offers

17、the greatest security to the importer?A.Documents against acceptanceB.Documents against paymentC.Clean collectionD.Acceptance D/P19. The principal is generally the customer of a bank who prepares documentation and submits them to the_ bank with a collection order for payment from the buyer (drawee).

18、A. remittingB. collectingC. presentingD. correspondent 20. If the credit stipulates shipment on or about December 18,2012,then the date of on board bill of lading may be_ A. December 28, 2012 B. December 12, 2012 C. December 18, 2012 D. B or C 1. Please state the simplified remittance diagram 2. Ple

19、ase state the difference between documents against payment and documents against acceptance 3. Please state the simplified D/A diagram 4. Please illustrates the documents against payment transaction flow. 5. Compare with the back-to-back L/C and transferable L/C, explain their similarity and differe

20、nceSimilarities: 1. Both of them have middle men and second beneficiaries. And middle man can get price difference by keeping business secrets. 2. Middle men bear the cost.3. The amount, unit cost, shipment date on letters of credit can be amended by middle men. Differences:1. Transferable L/C invol

21、ves an applicant, a issuing bank, a letter of credit while back-to-back L/C involves two applicants, two issuing banks, two letters of credit.2. Transferable credit: the original issuing bank takes responsibility for the creditBack-to-back credit: the original issuing bank doesnt take responsibility

22、 for the new credit. 3. Transferable credit: the credit cant be transferred without the express content ofissuing bank. Back-to-back credit: the new credit can be opened by middle men without the original banks consent and even without prior notice to the original bank4. Transferable credit: the mid

23、dle man becomes the first beneficiary from the beneficiaryBack-to-back credit: the middle man becomes the applicant from the beneficiary.6. Explain the role of commercial invoices1.Thecommercialinvoiceisthekeyaccountingdocumentdescribingthecommercialtransactionbetweenthebuyerandtheseller.Itisadocume

24、ntgivingdetailsofgoods,service,price,quantity,settlementtermsandshipment.2.Itmakeitisconvenientforimporterstocheckwhetherthedeliveredgoodsiscorrespondedtothecontract.3. Itcanbeviewedasaccountingbasisforimportersandexporters.4. Itcanbebasisofcalculatingcustomsdutyforexportplaceandimportplace.merciali

25、nvoicecanbeusedtobethebasisofpaymenttotaketheplaceofdraft.（1）商业发票是全部单据的中心，是出口商装运货物并表明是否履约的总说明。（2）便于进口商核对已发货物是否符合合同条款的规定。（3）作为出口商和进口商记帐的依据。（4）在出口地和进口地作为报关缴税的计算依据。（5）在不用汇票的情况下，发票替代汇票作为付款的依据。 7. Compare with the Stand by L/C and L/G, explain their similarity and differenceSimilarities: 1.They both have

26、 standby characteristics. 2.When present documents, they both need to present claims statement.Differences:1.L/G and standby L/C are restricted by differences international conventions.L/Gs international convention is Standby L/Cs convention is .1.According to , the right of claim for the beneficiar

27、y under the L/G items is non-transferable, while there are some provision and clauses about transferable rights in , which means that standby L/C is allowed to transfer,. 2.L/G has counter guarantee to guarantee, while standby L/C has no such items.3.The obligation of L/G is Primary obligation or se

28、condary obligation, while standby L/C always has primary obligation.相同之处： 1、两者都是备用性质的。2、在要求提交的单据方面，都要求提交索偿声明。 不同之处： 首先，保函与备用证受到不同的国际惯例的约束。 保函的国际惯例有见索即付保函统一规则（国际商会458号出版物）。 备用证的国际惯例如前所介绍是国际备用证惯例ISP98。 其次，见索即付保函统一规则（国际商会458号出版物）规定保函项下受益人索赔的权利不可转让；而国际备用证惯例ISP98中订有备用证受益人的提款权利转让办法的有关条款，意味了备用证是允许转让的。 第三，保

29、函有反担保作保证。备用证方式下无此项目。 第四，保函有负第一性付款责任的，也有负第二性付款责任的，而备用信用证总是负第一性付款责任的。 8. Please state the difference between Draft and Check1.A bill of exchange may be payable at sight or at future day，check must be paid at sight 2.A bill of exchange may be drawn upon any person, whereas a check must be drawn upon a

30、banker.3.Unless a bill is payable on demand, it is usually accepted, whereupon the acceptor is the primarily liable party. A check need not be accepted for it is payable only on demand and the drawer is the party primarily liable.4.A bill must be presented for payment when due, or else the drawer will be discharged. A check must be presented for payment within a reasonable time or within a certain time. Such as 30 days according to the regulations of the country concerned. The drawe