国际结算上课讲义

国际结算Translation1.无追索权的 without recourse2.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.After 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.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.creditedB. debitedC. increasedD. decreasedNostro account 往账，我行在他行开立的存款账户2.if a bill 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 maturityAt days/month(s) after date出票后若干天、月付款3.A(n)______ is a financial document.A.bill of exchangeB.bill of ladingC.insurance policymercial 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 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 which 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.Documents against acceptanceB.Documents against paymentC.Clean collectionD.Acceptance D/P8.The principal is generally the customer of a bank who prepares documentation andsubmits them to the_____ bank with a collection order for payment from the buyer (drawee).A.remittingB.collectingC.presentingD.correspondent9. 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 (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 bank’s account in the books of anoverseas bank,denominated in 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 document.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 in voices, transport documents of title or other similar documents, 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 banker’s credit?A.Letter of creditB.D/PC.D/AD.T/T15._____is a compromised method between open account and cash in advance.A. Letter of guaranteeB. remittanceC. treasury billsD. 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 is 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 bank’s vostro account will be creditedC.the London bank’s nostro account will be creditedD.either A or B18.Which type of collection offers 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 preparesdocumentation and submits them to the_____ bank with a collection order for payment from the buyer (drawee).A. remittingB. collectingC. presentingD. correspondent20. If the credit stipulates shipment on or about December 18,2012,then the date ofon board bill of lading may be_____A. December 28, 2012B. December 12, 2012C. December 18, 2012D. B or C1. Please state the simplified remittance diagram2. Please state the difference between documents against payment and documentsagainst acceptance3. Please state the simplified D/A diagram4. Please illustrates the documents against payment transaction flow.5. Compare with the back-to-back L/C and transferable L/C, explain their similarityand differenceSimilarities:1. Both of them have middle men and second beneficiaries. And middle mancan 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 bymiddle men.Differences:1. Transferable L/C involves an applicant, a issuing bank, a letter of creditwhile back-to-back L/C involves two applicants, two issuing banks, twoletters of credit.2. Transferable credit: the original issuing bank takes responsibility for the creditBack-to-back credit: the original issuing bank doesn’t take responsibility forthe new credit.3. Transferable credit: the credit can’t be transferred without the expresscontent ofissuing bank.Back-to-back credit: the new credit can be opened by middle men withoutthe original bank’s consent and even w ithout prior notice to the originalbank4. Transferable credit: the middle man becomes the first beneficiary from the beneficiaryBack-to-back credit: the middle man becomes the applicant from thebeneficiary.6. Explain the role of commercial invoices1.The commercial invoice is the key accounting document describing the commercial transaction between the buyer and the seller. It is a document giving details of goods, service, price, quantity, settlement terms and shipment.2.It make it is convenient for importers to check whether the delivered goods iscorresponded to the contract.3. It can be viewed as accounting basis for importers and exporters.4. It can be basis of calculating customs duty for export place and import place.mercial invoice can be used to be the basis of payment to take the place ofdraft.（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。