内容正文:
Documentation and Payment
UNIT 13
Case Lead-in
PART 1
Reading
PART 2
Sample Conversations
PART 3
Case Lead-in
Part 1
A Chinese export company A received the relevant L/C stipulating “Insurance Policy in duplicate covering ocean marine cargo clauses FPA, Risk of Breakage and Transshipment Risk”. A arranged the transport from the port of shipment to the port of destination directly without transshipment and didn’t insure the goods against Transshipment Risk. When A presented documents and required for negotiation immediately after the shipment within the validity of L/C, the bank dishonored his draft. Why did the bank dishonor the draft? How would A deal with it?
The major purpose of documentation is to provide a specific and complete description of the goods so that they can be correctly processed for transport, payment, credit, insurance, import duties, etc. It is not a simple job to make all documents errorless because the requirements differ from country to country, so exporters should check all the documents carefully before these documents are presented and maintain conformity among all the documents relating to the same transaction.
Reading
Part 2
Documentation and Payment
It is very important for the parties to prepare the documents and collect foreign exchange safely. Making out documents for settlement of foreign exchange can be divided into three steps: documentation, presentation of documents and settlement of foreign exchange.
Chinese
Reading
Part 2
制单与结汇
准备单据并安全收回外汇非常重要。制单结汇可以分为三个步骤:制单、交单和结汇。
English
Reading
Part 2
Importance of Documentation
Trade documentation and related procedures are an important component of international trade. They help the traders identify goods in terms of description, value and ownership. They allow the tracking of cargoes so that the importers and exporters know where their shipments are and when they will arrive at the final destination. Trade documents are also an important evidence of customs clearance and are