国际结算双语 LC Practice.ppt

Chapter8L CPractice Completionofthestandarddocumentaryissuanceform 1 接上页 GeneralPrinciple 1 Documentsmustcomplywith 1 theterms conditionsofLC 2 eachother amongdocuments WhodecideswhetherdocumentscomplywithLC Bankers GeneralPrinciple 2 Whatdobanksdowhenexaminingdocuments 1 ReadtheLCcarefully 2 ExaminedocumentsagainstLCpointbypoint 3 Examineotherdocumentsagainstinvoice 4 Examinedocumentsagainsteachother 5 Makecarefulnoteswhileexamining Someimportantprinciplestokeepinmindwhenexaminingdocuments 1 Bankerdealsonlywithdocuments notinapositiontoverifyauthenticityofcommodity 5 BankabidesbythestrictcomplianceofdocumentswithwithL C ItismewhodecideswhetherdocumentscomplywithLC 3 Bankisnotliablefortheauthenticity contentsorvalidityofofdocuments whicharecommercialpractice 4 BankisnotliablefortheactofthirdpartiesinL Coperations Liableforitsownnegligence DiscrepantdocumentstobetakenupbyIssuingBank Iffindingdiscrepantdocuments IssuingBankhasthefollowingoption 3ExportermayrequestIssuingBanktopresenttobuyeroncollection ExportCreditOperation 1 ReviewLC ExportCreditOperation 3 AdvisingBankwouldcollectadvisingfeesfrombeneficiaryandconfirmingfeesfromIssuingBank whocollectsfromapplicant Examinationofdocuments 1 Examiningadraft etc Examinationofdocuments 2 Examiningacommercialinvoice etc Examinationofdocuments 3 Examiningatransportdocument 接上页 4 Doesitcontaina cleanshippedonboardnotation 5 Wasitissuedwithin latestdateofshipment specifiedinLC 6 Isfullsetoforiginalbeingpresented 7 AretheyconsistentwithLCandotherdocuments 8 IsthefreighttermsconsistentwiththosestipulatedinLC 9 correctlysigned etc p 185 1 IsitcorrecttypeofinsurancedocumentsstipulatedinLC 2 IsthemerchandisedescriptionconsistentwiththatshowninLC 3 Isthe ofthesameasspecifiedinLC 4 IstheinsuredisasinLC Mostcommondiscrepanciesinexaminationofdocuments 1 1 Billqualified unclean B L L C CleanB L BillofLading 5casesshortshippedorContentsleakingorPackagingsoiledbycontentsorPackagingcontaminatedorGoodsdamaged scratchedorInsufficientpackaging 2 Noevidenceofgoodsactually shippedonboard L C Cleanonboardbilloflading Billof Lading PlaceandDateofIssueTokyo JUNE2 2003 Importerdoesnotwantdefectivegoods carrierwouldnotethedefectiveconditionsofgoodsonB Lwhenreceivingthemfromsellertodischargecarrier sduty Afterreceivinggoodsfromexporter carriermustarrangeshipment e g only2shipsgotoItalyfromXingang Tianjin oneforfirsthalfofamonth anotherfor2ndhalfofamonth ifexportermissesfirstone hewillhavetowaitfortheonein2ndhalfofthemonththoughB Lhasbeenissuedbycarrier Tourgeexporterdelivergoodsontime importermayrequire onboard B L thedateofwhichshouldnotbelaterthanthe latestshipmentdate inLC Thereshouldbeinthenotation Notclean ShippedonboardJune2 2003 Mostcommondiscrepanciesinexaminationofdocuments 2 3 Goodsshippedondeck BillofLading Ondeckatshipper srisk Ifship scabinisfull goodsorcontainerwereputondeck thereisriskofbeingspoiledbybadweatherorwashedawayfromdecktoseasbywavesand atshipper srisk meanstheriskisbornebyexporterhimself BanksunderLCtransactionwouldnotacceptB LwiththesewordsunlessotherwisestipulatedinLC 4 Presentationofinsurancedoc isnottheonestipulatedinLC Letterofcredit andinsurancePolicyissuedby InsuranceCertificate Covernote InsuranceDeclaration Mostcommondiscrepanciesinexaminationofdocuments 3 5 Under insured LetterofCredit AmountUSD10000 InsurancePolicy AmountinsuredUSD10500 AccordingtoArt 34f p 360 theleastamountshouldbe110 oftheamountforwhichpayment grossamountofInvoice 6 Creditamountexceed underdrawn LetterofCredit AmountUSD10000 Partialshipment notallowed DraftorInvoice AmountUSD8800 Underdrawn DraftorInvoice AmountUSD10001 Overdrawn PleaselookitupinArt 39 Handlingdiscrepantdocumentsbynominatedbank 1 Handlingdiscrepantdocumentsbynominatedbank 2 接上页 接上页 接上页 AsklocalbanktoconfirmLCtoprotectagainstcreditriskofIssuingBank ConsigneeonB Lshouldbe toorder sothatbeneficiarycancontroltitletogoods WhenreceivingLC examineitcarefullytoavoidanysoftclause Protectionbyexporter Protectionbybuyer Trytoobtaintheinformationonseller screditstanding Amongthedocumentspresentedbyseller thereshouldbe InspectionCertificate issuedbytheinstitutionspecifiedbyapplicantinLC Iflargeamountisinvolved buyershouldsendacheckertoseller spremisetoexaminegoodsonspot AddtoLC availableclause inreciprocalLCtransaction Bank sstrictcontroloveradvanceunderanticipatoryLC Ifpossible adoptnon negotiableSeawayBill orAirwayBill etc whichare straightconsignedtoimporter Bank sriskinLCtransaction Applicantdefaultinrepayingborrowedmargin Afterpayment ConfirmingBankcouldnotgetreimbursementfromIssuingBankduetoforcemajeure discrepantdocumentsdecidedbyIssuingBank etc ThepaymentofConfirmingBankiswithoutrecourse TheriskofpossiblelostdocumentsintransitisbornebyIssuingBank DelayinreimbursementfromIssuingBankcanincurinterestlossofNegotiatingBank IssuingBankfacetheriskoffraudduetothelongerchainofoperationintransferableLC AdvancingBanksuffersinterestlossduetodelayincompensationfromIssuingBankafterdefaultofbeneficiary etc Protection FinanceunderLCshouldbeofferedonlytoclient witha crelationship byIssuingBank NegotiatingBank andAdvanceBank IssuingBankandNominatedBankshouldtrytocontroltitledocuments transportdocument ConfirmingBanksh