exportpayment.ppt

International Settlement Instrument Bill of Exchange (汇票) Promissory Note (本票) Cheque (支票) Characteristics of Bills Negotiability (流通性) Requisite in form （要式性） Non-cause （无因性） Presentment （提示性） Returnability （返还性） Bill of Exchange Also referred to as the draft It is an unconditional order in writing, signed and addressed by the drawer (the exporter usually) to the drawee ， requiring the drawee to pay the drawer a certain sum of money at sight or at a fixed or determinable future time. Types of Draft a. Sight bill （即期汇票） time bill （远期汇票） If the draft is payable at sight on presentation, it is a sight or demand bill. If the drawee is required to pay the bill at a later time, it is a time or usance bill. b. Clean bill （光票汇票） documentary bill（跟单汇票） A bill of exchange, which accompanies with shipping documents is called documentary bill, whereas is called clean bill. c.?Commercial bill (商业汇票) banker’s bill（银行汇票） It is commercial bill when the drawer is a commercial firm. When the drawer is a bank, it is a bankers’ bill. 　　远期付款一般有四种：　　(1)见票后××天付款，填上“at ×× days after sight”，即以付款人见票承兑日为起算日，××天后到期付款。　　(2)出票后××天付款，填上“at ×× days after date of draft”，即以汇票出票日为起算日，××天后到期付款，将汇票上印就的“sight”划掉。　　(3)提单日后××天付款，填上“at ×× days after date of B/L”，即付款人以提单签发日为起算日，××天后到期付款。将汇票上印就的“sight”划掉。　　(4)某指定日期付款，指定×年×月××日为付款日。例如“On 25th Nov. 2011”，汇票上印就的“sight”应划掉。这种汇票称为“定期付款汇票”或“板期汇票”。 Acceptance (承兑) Acceptance: the payer engages, by signing his name across the face the bill the that will pay when it falls due. The drawee agrees to pay on the due date and signs the bill expressing his agreement, he is called acceptor. A signature alone of the drawee on the front of the instrument is an acceptance. Parties Concerned Drawer (出票人) Drawee （受票人） Payer (付款人) Payee (收款人) Remitting Bank （寄单行） Collecting Bank （代收行） Promissory Note A financial instrument that is negotiable and contains an unconditional promise signed by the person making the note to pay a certain sum o