国际结算（英文版·第二版）许南-chapter3 Remittance.pptxVIP

RemittanceInternational SettlementChapter 3 3 Remittance 目录CONTENTSIntroduction of Remittance3.1Basic Parties to Remittance3.2Types of Remittance3.3Reimbursement of Remittance3.43.53.6Cancellation of RemittanceApplication of Remittance 3.1Introduction ofRemittance Remittance, as a frequently used payment method in international trade, refers to funds from one party to another among different countries.According to the flow direction of instrument and fund, remittance in broad sense can be classified into remittance in narrow sense and reverse remittance. 3.1 Introduction of Remittance 1.Remittance instrumentImporterExporterImporterExporterfund instrumentfund3.1 Introduction of Remittance2. Reverse Remittance 3.2Basic Parties to Remittance3.2.1 Remitter3.2.2 Remitting Bank3.2.3 Paying Bank3.2.4 Payee 3.2 Basic Parties to Remittance3.2.1 RemitterRemitter is also called the payer. It is a person who requests his bank to remit funds to the payee or the beneficiary a foreign country. 3.2.2 Remitting BankRemitting Bank is the bank that transfers funds at the request of remitter to its correspondent or branch in another-country and instructs the latter to pay a certain amount of money to the beneficiary.3.2.1 Paying BankPaying bank the bank that is entrusted in the payment instruction order by the remitting bank to pay a certain amount of money to the payee or the beneficiary.3.2.2 PayeePayee is also called the beneficiary. It is the person who is addressed to receive the remitting fund 3.3Types of Remittance3.3.1 Telegraphic Transfer(T/T)3.3.2 Mail Transfer (M/T)3.3.3 Demand Draft (D/D)3.3.4 Filling of a Remittance Application Form3.3.5 Comparison of Telegraphic Transfer, Mail Transfer and Demand Draft 3.3.1 Telegraphic Transfer(T/T)Telegraphic transfer means the remitting bank sends its payment order to the paying bank by cable/telex/SWIFT. It is the most efficient and safest way to transfer funds. 3.3.1 Telegraphic Transfer(T/T)The procedures of telegraphic transferR