第三章 汇款与托收.doc

第三章 汇款与托收EXERCISE ONEInternational exchangeGiving a brief account of remittancesPlease answer, fill the blanks in or make choice of the following questions:1. There are two main kinds of methods of settlements, namely (1) _ and (2) _.The remittances is that the funds flow in a _ direction to the payment instructions transmitted there-from.2. There are four parties in a remittance, i. e. (1) _ (2) _ (3) _ (4) _.3. The remittances which are handled by the home remitting bank are called _, while those are handled by foreign paying bank are called _.4. Remittance through a bank from one country to another may usually be made by one of the following methods:(1) _ (2) _ (3) _5. A customer would apply to a remitting bank at Beijing for the outward remittance of GBP1,250.00 to a payee at London , he has provided for USD account with that bank remaining a balance of USD25,000.00. Please calculate how much the bank will draw in USD out of the customers account.Exchange rate: GBP/CNY: 13.6762/13.6797USD/CNY: 8.2753/8.2789_Suppose Bank of China, Tianjin would be the remitting bank of the above remittance, they have:(1) a branch office-Bank of China, London(2) an account bank-National Westminster Bank Ltd., London(3) a correspondent-Barclays Bank Ltd., London Please select one of the above three banks which will be more applicable to a paying bank._EXERCISE TWOTelegraphic transferPlease answer, fill the blanks in or make choice of the following questions:1. The telegraphic transfer is a remittance, at the request of a remitter, effected by an authenticated _ or _ or _- sent by a remitting bank to a paying bank in another country instructing the latter to pay a certain sum in money to a designated payee of the remittance. 2. Tele-graphical payments in USD should be made through three channels: (1) _ (2) _ (3) _3. Remitting bank: Bank of China, TianjinPaying bank: Bank of China, LuxemburgDate of cable: 9 JuneTest: 2563Ref No.: 208TT219Amount: USD1,660.00Payee: Marie Clauda Dumont, Luxemburg, account No. 0-1647295/550 with Banque International du Luxemburg Message: PayrollRemitter: Crystal Palace Hotel, TianjinCover: Debit our H. O. accountFM:_TO:_DATE:_TEST _OUR REF _NOT ANY CHARGES FOR USPAY:_TO:_FOR CREDITING ACCOUNT NO. _ OF_MESSAGE _ORDER _COVER _4. Remitting bank: Bank of China, TianjinPaying bank: midland Bank Ltd., LondonDate of cable: 10 JuneTest: 3561Ref No.: 208TT099Amount: GBP54,420.00Payee: Anglo International Co. Ltd., London account No. 36998044 with Midland Bank Ltd. Message: Contract No. 201541Remitter: Tianjin International Trust & Investment Corp., TianjinCover: Debit our H. O. accountFM:_TO:_DATE:_TEST _OUR REF _NOT ANY CHARGES FOR USPAY:_TO:_FOR CREDITING ACCOUNT NO. _ OF_MESSAGE _ORDER _COVER _5. MT 100 CUSTOMER TRANSFER DATE: 981206SENT TO: BKCHCNBJ200 BANK OF CHINA, TIANJIN: FM: 04HSBCHK25264HONGKONG AND SHANGHAI BANKING CORPORATION, HONGKONG: 20: TRN: TT-HKH315064BACP:32A: VALUE DATE/CUR CODE/AMTDATE: 9811206 CURRENCY CODE: CNY AMOUNT: 6,859.58: 50: ORDERING CUSTOMER: ARTHUR ANDERSEN AND CO.: 57s: “ACCOUNT WITH” BANK:BANK OF CHINA, TIANJIN BR., TIANJIN, CHINA: 59: BENEFICIARY CUSTOMER TIANJIN INTERNATIONAL TAXATION CONSULTING BUREAU: 70: DETAILS OF PAYMENT: PAYMENT TO RENT AND TAX FOR NOV. 1998: 71A: DETAILS OF CHARGES: BENEFICIARY: 72: BANK TO BANK INFORMATION: IN COVER SETTLE THRU OUR CNY A/C 111-01081 WITH YOUR BEIJING HEAD OFFICEIn accordance with above SWIFT Message Type 100, please write a cable text of remittance._6. Please the question and fill in the blanks.8 Mar., 2003, CHINA NAT. METALS & MINERALS I/E CORP. presented the following remittance application to remitting.汇出汇款申请书(代支款凭证)APPLICATION FOR OUTWARDREMITTANCE致：中国农业银行 广州 分行TO:THE AGRICULTURAL BANK OF CHINA 日期 DATE: 2003年3月8日兹委托贵行办理下列汇款。I/We hereby request you to effect the following remittance.X电汇 信汇 票汇 付款地点T/T M/T D/D Drawn on:银行编号（查询时请引述）Ref No. TT96785收款人Beneficiarys nameUnited Trading CompanyHong Kong币别及金额Curr.& Amt.HK Dollars 20,000.00及地址& address70 Wing Tai Road, Chai Wan Hong Kong账号A/C No.0709166060322-8银行填写栏BANK USE ONLY收款银行Beneficiarys BankPO SANG BANK LTD.汇率(Rate)及地址& addressHONG KONG等值人民币Equivalent in ￥汇款人By order ofCHINA NAT. METALS & MINERALS I/E CORP.手续费(Commission)附言Details of PaymentCOMM. UNDER S/C NO. CT0011-01邮电费(Postage & Cable)其它费用(Other Charges)合计国外银行的一切费用由我方/收款人负担（如无说明由收款人负担）。汇款全过程均以电传形式通知。All foreign banks charges are to be borne by us/payee(if not specified, all charges are to be borne by payee). All parties in the channel are advised by telex.请付敝账(debit my/our account)，账号(a/c No.)兹附支票(enclose my/our cheque)，号码为(No.)付款行(Drawn on)X现金支付(I/We pay cash herewith)。 联系电话(TEL) 83738789 申请人签章 张 青 Applicants Stamp&Signature_经办:： 会计： 复核： 记账： Method of remittance Remitter Beneficiary Amount Message Charges for HHK/CNY=105.53/91(buying rate)， HHK/CNY=109.46/87(selling rate) ，how much did remitter surrender to remitting bank? Banks remission？ What does .remitter pay attention to under the current foreign exchange control system?7. Cable/telex in T/T（1）Fill the following forms.Outward remittanceFM: HONGKONG AND SHANGHAI BANKING CORPORATION LTD. HONG KONGTO: THE AGRICULTURAL BANK OF CHINA GUANGZHOU DATE: 8TH JUNETEST 2876A OUR REF TT200498 PLS PAY HKD34000. VALUE 8 JUNE TO ACCOUNT NO. 764583934-128 FAVOUR PRECISION PHOTO EQUIPMENT LTD. JINXING BUILDING 22 GUANGZHOU MESSAGE COMM. UNDER S/C NO. 87364 ORDER COVER WE HAVE CREDITED YOUR ACCOUNT WITH US. Inward remittancePCBCCNBJBOFAUS3N MT100 CUSTOMER TRANSFERTRANS. REF :20: 180TT09266VAL/CUR/AMOUNT :32A: 990712 USD31,681.00ORDERING CUSTOMER :50: United Prosperity Enterprise, Inc, Tortol; British Virgin IslandsORDERING BANK :52: Midland Bank Ltd., LondonACCOUNT WITH :57A: BK OF CHINABENEFICIARY :59: Huayu Engine Manufacturing Co. Ltd.DETAILS OF PMT :70: Contract GH680-23DETAILS OF CHARGES :71A: BENBANK TO BANK INF :72: REIBURSE WITH BK OF NKY NY Inward remittanceFM: BANK OF AMERICA, NEW YORKTO: INDUSTRIAL AND COMMERCIAL BANK OF CHINA，GUANGDONG BRANCHDATE: 14TH , OCTTEST 87593 OUR REF TT10908-04 PLS PAY USD38000. VALUE 14, OCT. TO GUANGDONG CEREALS OIL N FOODSTUFFS I/E GROUP CORP. VIA A/C NO. 310910079 BEING PROCEEDS UNDER S/C NO. CT89768 ORDER WIN FOOD CO. LTD. COVER CREDITED YOUR H.O. ACCOUNT cable审核内容OneTwo Three Remitting bank Paying bank Date Test and Ref. No. Amount, value date Beneficiary Message Remitter Cover（2）8 Mar., 2003, Agricultural Bank of China, Guangzhou accepted CHINA NAT. METALS & MINERALS I/E CORP.s application. Remitting bank is PO SANG BANK LTD. , HONG KONG，remitting bank has HKD account in paying bank, charges for beneficiary. FM: _ TO: _DATE_TEST: _OUR REF NO._NO ANY CHARGES FOR USPAY_VALUE_TO_FOR CREDITING ACCOUNT NO. _ MESSAGE_ORDER_COVER_（3）Agricultural Bank of China used SWIFTM/T100 cable to paying bank: PO SANG BANK LTD., HONG KONG。TO:FM:MT100 CUSTOMER TRANSFER:20 TRANS. REF NO. : _ :32A VAL/CUR/AMOUNT : _ :50 ORDERING CUSTOMER : _:52A ORDERING BANK : _:53A SENDERS CORRESPONDENT: _:54A RECEIVERS CORRESPONDENT: _:56 INTERMEDIARY BANK : _:57A ACCOUNT WITH BANK : _:59 BENEFICIARY : _ :70 DETAILS OF PAYMENT : _:71A DETAILS OF CHARGES : _ :72 BANK TO BANK INFORMATION: _EXERCISE THREEMail transferSection 5 Bankers demand draftPlease answer, fill the blanks in or make choice of the following questions:1. The mail transfer is a remittance, at the request of a remitter, effected by a _- or _ sent by the remitting bank to the paying bank authorizing the latter to notify and pay a certain sum in money to the payee of the remittance.2. Date of payment order: 9 June, 199-Paying bank: Bank of China, New YorkIn cover please debit our account with you.Ref. No. 208MT0212Payee: Wou International Co. account No. 132 2189 with Texas Commerce Bank, Houston TexasAmount: USD8,124.00Remitter: Crystal Palace HotelRemitting bank: Bank of China, TianjinPlease fill in a form of payment order to make remittance by M/T.BANK OF CHINATianjinPAYMENT ORDER Date: _,_,_ To No. of payment orderTo be paid or credited toAmountAmount in words:_By order of Message: You are authorized to debit our account with you. We have credited your A/C with us. Funds remitted to you via For BANK OF CHINA signatures 3. Remitting bank: Industrial and Commercial Bank of China, Shangdong fill the following payment order。Date :15th Sept., 2002；Paying Bank: Hongkong and Shanghai Banking Corp. Ltd., Hong Kong; Ref No. MT28376;Amount: HKD30,000.00；Cover: Please debit our A/C with you；Message: Commission under S/C NO.FB9768；Payee: Win Food Company, Ltd., Hong Kong； Remitter: Shangdong Cereals Oil & Foodstuffs I&E Group Corp. Industrial and Commercial Bank of China ShangdongPAYMENT ORDER Date: _,_,_ To No. of payment orderTo be paid or credited toAmountAmount in words:_By order of Remarks You are authorized to debit our account with you. We have credited your A/C with us. Funds remitted to you via Industrial and Commercial Bank of China 5.18 Mar., 1999, Bank of China examine the following payment order from the Bank of China, Hong Kong. 中国银行香港分行BANK OF CHINA, HONG KONG BRANCH下列汇款，请即解付，如有费用请内扣。 日期15, March, 1999 , Guangzhou我已贷记你行账户。 此致TO BANK OF CHINA, GUANGZHOU敬礼Please advise and effect the following payment less your charges if any. In cover, we have credited youraccount with us.信汇号码No. of Mail transfer收款人To be paid to金额AmountMT992568Ruiqi Garment Co. Ltd., Guangzhoua/c No. 34568-113HKD200,000.-大写金额Amount in Words: H.K. Dollars Two HundredThousand 附言: Being Proceeds under S/C汇款人 Message No. 99CC03026By order of Universal Garment Imp. & Exp. Co.Hong Kong 中 国 银 行 香 港 分 行BANK OFCHINA, HONG KONG Remitting bank Paying bank Beneficiary Remitter Amount and currency Message Cover6. Banks demand draft in D/D.1 June, 2002, Wiletecc Co., Ltd., Hong Kong presented a banks demand draft to Bank of China, New York, Bank of China examined the following draft. BANK OF CHINAThis draft is valid for one No.1256679 year from the date of Issue Amount USD20,000.00 Guangzhou, 15th, May, 2002Pay to the order of Wiletecc Co., Ltd.,New York the sum of U.S. Dollars Twenty Thousand OnlyTo Bank of China 410 Madison Avenue New York BANK OF CHINA 110017 GUANGZHOU中国银行 Remitting bank Paying bank Beneficiary Remitter Amount, currency Tenor of draft How does Drawer bank deal with the remitters application for missed the draft? Central draft, yes or no?EXERCISE FOURGiving a brief account of collectionTerms of delivery of documents under documentary collectionsTransport documents, interest, charges and othersPlease answer, fill the blanks in or make choice of the following questions:1. Collection means the handling by banks of documents in accordance with instructions received in order to (1) obtain payment and/or _or(2) deliver documents against _and /or against acceptance.2. Financial documents mean _, promissory notes, cheques, Commercial documents mean _, transport documents , documents title or other similar documents. 3. There are three kinds of collections, namely:(1) _ collection;(2) _collection;(3) _collection;4. Clean collection means collection of financial documents not accompanied by _.5. Documentary collection means collection of (1) financial documents accompanied by _, or(2) commercial documents not accompanied by _.6. Because the documents under direct collection are remitted by the _ directly to the collecting bank, they are not routed through the _ bank, so direct collection is not incorporated in the URC NO. 522.7. ICC Publication No. 522 says that the collection form attaching with the documents under direct collection must indicate that:(1) the collection is subject to _and(2) the collection is to be treated by the _- bank as though it was received from the _ bank.8. How many parties are there in a collection?(1) _( or seller) (2) _(3) _bank/_bank (4) _( or buyer)9. The collection which is to be handle by the exporters remitting bank is called _, its abbreviation is _ while that is to be handled by the importers collecting bank is called _, its abbreviation is _.10. The responsibility of the principal is that the party must prepare the _ in his application to ensure the terms for the delivery of documents are clearly and unambiguously stated.11. The responsibilities of the banks are that banks are only permitted to act upon the instructions given by the principal in the _ and in accordance with _.12. URC 522 says charges to be collected indicating whether they may be waived or not, and interest to be collected indicating rate of interest, interest period, basis of calculation (e.g. 360 or 365 days in a year). Look at the following two instructions for collection of interest charg