第十二讲 支付工具和手段.pptVIP

1. Instrument of Payment ---- 2. Modes of Payment Types of draft （2）提示（Presentation） 持票人向付款人出示汇票要求承兑或付款的行为称作提示。付款人见到汇票叫见票（Sight）。提示可以分为两种：①付款提示（Presentation for Payment）。②承兑提示（Presentation for Acceptance）。 2 Remittance and Collection 1. Remittance Here means the transfer of funds from one party to another among different countries. Parties related to a remittance Remitter: requests its bank to remit, usually the buyer. Payee or beneficiary: the addressee of the remittance, usually the seller. Remitting bank: the bank transferring the funds at the request of the remitter. Paying bank: the bank entrusted by the remitting bank to make payment to the beneficiary. (2) Ways of remittance ① Remittance by airmail (M/T): To transfer funds by means of a payment order, a mail advice or a debit order. ② Remittance by cable/telex/SWIFT (T/T): Instructions from the remitting bank to the paying bank are transmitted by wire or through the SWIFT system.  ③ Remittance by bankers demand draft (D/D): A bankers draft drawn by a bank on its overseas bank is used as an instrument for effecting transfer of money. The draft must be physically transferred to the payee, and the payee must then present the draft for payment. (3) Application of remittance ① Open account sales The buyer is trusted to pay the seller after receipt of goods. The seller and the buyer are related entities or where there is a history of transactions between the parties. ② Payment in advance sales The seller will not ship the goods until the buyer has remitted payment to him. All shipping documents, including title documents are handled directly between the trading partners. The role of banks is to effect a clean payment to the seller as required. 2. Collection A payment arrangement whereby a bank acts on behalf of a seller fo