金融英语国际结算的一些纲要
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Contents I. Instruments A. A brief introduction 1. What s instruments? ① a broad sense: a commercial document of title; ② a narrow sense: a specific, negotiable security for the purpose of paying money signed by the drawer on it which is unconditionally agreed to pay a sum in certain by the himself or by another. E.g. if agreed to pay by the maker, it is promissory note; if agreed to pay by another, it may be a draft or a cheque. Contents I. Instruments A. A brief introduction 1. What s instruments? ① a broad sense: a commercial document of title; ② a narrow sense: a specific, negotiable security for the purpose of paying money signed by the drawer on it which is unconditionally agreed to pay a sum in certain by the himself or by another. E.g. if agreed to pay by the maker, it is promissory note; if agreed to pay by another, it may be a draft or a cheque. UK Customer: outward remittance in GBP--- how to record ? C ustomer AC Vostro AC Dr. GBP xxxx │ │Cr. GBP xxxx UK Customer: outward remittance in forCurrency--- how to record? C ustomer AC Nostro AC Dr. GBP xxxx │ │Cr. ForCurrency xxxx III. Means of payment P9--15 1. Cash in advance P9--10 2. Open account P10 3. Collection P10--12 4. Documentary credit P12--15 IV. Collection P15--30 1. Outward Documentary Collection P15--25 2. Inward Documentary Collection P25--30 V. Documentary letter of credit P30--58 (I). Concepts of the Documentary Credit P30--35 1. An overview P30 2. Stages of a Documentary Credit P30--31 3. Review of the Documentary Credit application & Security Agreement by the Issuing Bank P31--33 4. Utilization of the Documentary Credit P33 5. Common Sense Rules for the Beneficiary P33--34 6. Honoring the Obligation under the Documentary Credit P34--35 |
