Payment(结算方式)

1、 Remittance(汇付汇付/汇款汇款)lBasically, there are four main parties concerned, including: Remitter Payee Remitting Bank (Importers Bank) Paying Bank (Expoters Bank) It has three types of remittance: Telegraphic Transfer (T/T) Mail Transfer (M/T) Remittance by Banks Demand Draft (D/D)1. The t/t business pr

2、ocesses ： Remitter Remitter(importer)(importer)Remitting Remitting BankBank Paying Paying BankBank Payee Payee(exporter)(exporter)the direction of fundthe letter of attorneyprepaid debit noticepaymentreceiptt/t advicet/t advicet/t receiptExplain:fill in the application, pay to the remitting bank; ta

3、ke back the receipt; give the letter to paying bank, authorize the paying bank to pay to the payee; after checking the secret, the paying bank send the advice to the payee; seal at the receipt, give it to the paying bank;pay fund to the payee; post the notice to the remitting bank Remitter(importer)

4、Remitting BankPaying Bank Payee(exporter)The direction of fund票汇业务流程图票汇业务流程图send the draftprepaid debit noticeCompared with the process of t/t and m/t, Compared with the process of t/t and m/t, there are some differences as follows:there are some differences as follows:2.The d/d business processpaym

5、entpayment presentation presentation of draftof draftsight draftm/t application m/t application form;payform;payExplain:fill in the application, pay to the remitting bank; open the sight draft, give it to the remittersend the draftpresent the draft (it is transferable)pay to the payeepost the notice

6、 to the remitting bank3.the table of three way of remittingWay Payment of toolsCostSafetySpeed UsablerangeT/Ttelex/swifthighmuchsaferfastwidelyusedM/T attorney of m/tmoderate mormal slowseldomusedD/D sight draft/promissory notelowlessthansaferveryslowfew peopleusedlCollectionCollection A collection

7、means an arrangement whereby the A collection means an arrangement whereby the seller draws a draft on the buyer and authorizes seller draws a draft on the buyer and authorizes its bank to collect the money from the buyer.its bank to collect the money from the buyer.托收是出口人在托收是出口人在货物货物装运后，开具以进口方为付装运后

8、，开具以进口方为付款人的款人的汇票汇票（随附或不（随附或不“随附随附货运货运单据单据），委托），委托出口地银行通过它在进口地的分行或出口地银行通过它在进口地的分行或代理行代理行代出代出口人收取货款一种口人收取货款一种结算方式结算方式。 According to URC 522According to URC 522当事人当事人(Parties)出口商出口商进口商进口商出口方银行出口方银行进口方银行进口方银行委托人委托人付款人付款人托收行托收行提示行提示行代收行代收行l按出口商开具汇票是否随附货运单据分为按出口商开具汇票是否随附货运单据分为和和 l光票托收光票托收只凭汇票，只凭汇票，l跟单托收跟

9、单托收()托收汇票托收汇票(Collection Bill / Draft)Exchange for HKD21,500.00 Tianjin,15 Apr.2005D/P At sight of this first of Exchange （Second of the same tenor and date unpaid) pay to the order ofThe Industrial and Commercial Bank of China the sum ofHongkong dollars twenty one thousand five hundred onlyDrawn ag

10、ainst shipment of 22 bales of pongee from Tianjin to Hongkong for collectionTo Sunlight Garments Company, 314 Locky Road For Tianjin Textile Import and Hongkong. Export Corporation,Tianjin signature Mamager付款交单与承兑交单的异同付款交单与承兑交单的异同两种托收两种托收方式方式性质性质资金流向与支付资金流向与支付工具的传递方向工具的传递方向汇票的种类汇票的种类相同点相同点托收方式托收方式 交

11、单依据交单依据付款时间付款时间委托人承担的委托人承担的风险风险付款交单付款交单承兑交单承兑交单Letter Of Credit(1) Definition of L/C(2) Clients(3) Characteristic of L/C(4) Process (1) Definition of L/CA letter of credit is the written promise of a bank to act at the request and on the instructions of the applicant and to undertake payment to the beneficiary in the amount specified in the credit, provided that the beneficiary complies with the terms and conditions of the cr