Chapter 4Bill of Exchange

1、Chapter 4 Bill of ExchangeChapter 4 Bill of Exchange汇票汇票 f一、Bill of Exchange /Draft/ExchangeBill of Exchange /Draft/Exchange汇票的定义 f二、Essentials of a bill of exchange汇票的要式项目f三、Acts of a bill of exchange汇票的票据行为 f四、Types of bill of exchangeTypes of bill of exchange汇票种类一、汇票一、汇票Bill of Exchange Bill of E

2、xchange /Draft/Exchange /Draft/Exchange fAs in the Bills of Exchange Act 1882 As in the Bills of Exchange Act 1882 fA bill of exchange is an A bill of exchange is an unconditionalunconditional order in writingorder in writing, addressed by , addressed by one personone person to to anotheranother, si

3、gned by the person giving , signed by the person giving it, requiring the person to whom it is it, requiring the person to whom it is addressed to pay addressed to pay on demand on demand or or at a fixed at a fixed oror determinable future time determinable future time a a sum certain sum certain i

4、n moneyin money to to or or to the order of a to the order of a specified person , specified person , oror to the bearer to the bearer. .汇票是由出票人向另一人签发的，要求即期、定汇票是由出票人向另一人签发的，要求即期、定期或在可以确定的将来的时间，向某人或其指定期或在可以确定的将来的时间，向某人或其指定人或持票人无条件地支付一定金额的书面命令。人或持票人无条件地支付一定金额的书面命令。 Three basic parties drawer出票人出票人draw

5、eePayee收款人收款人payer付款人付款人Present for paymentPresent for acceptanceissueNature: unconditional order in writing Basic three parties Tenor AmountHow to understand the definition of a bill of exchange?drawerdraweepayeeon demand/at sightfixed future timedeterminable future timeamount in figuresamount in w

6、ords二、二、 Essentials of a bill of exchange Essentials of a bill of exchange汇票汇票的基本项目的基本项目( (必要项目必要项目) )fThe word “Exchange”The word “Exchange”汇票字样汇票字样fAn unconditional order in writingAn unconditional order in writing无条件支付命令无条件支付命令 f Amount Amount 金额金额fTenor Tenor 付款期限付款期限f Date and place of Issue Da

7、te and place of Issue出票时间地点出票时间地点fName and address of the drawee Name and address of the drawee 付款人名称地址付款人名称地址fName or business entity of the payee Name or business entity of the payee 收款人名称收款人名称fDrawers signature(s)Drawers signature(s)出票人签名出票人签名specimen 样本汇票字样汇票字样无条件支付命令无条件支付命令 金额金额Tenor 付款期限付款期限 出

8、票时间地点出票时间地点付款人名称地址付款人名称地址收收款人款人名称地址名称地址出票人出票人及及签名签名 An unconditional order in writing*Unconditional:Condition terms cannot be accepted.*Order: It must be expressed in command . *In writing: The bill must be in writing.须用须用祈使句型祈使句型：At_ sight pay to AAA Co. or order the sum of five thousand US dollars

9、 only.而不应使用带有而不应使用带有“I should be pleased if you would kindly pay”等虚拟文句。等虚拟文句。*Order:Correct writing * *Unconditional:Unconditional:Condition terms Condition terms cannot be accepted.cannot be accepted.f不允许出现任何限制支付的文句或附带条件。f如“Pay to B Company one thousand US dollars after it makes a blank endorsement

10、不记名背书 on the back of the draft”f即不符合汇票的这一要式规定* *Unconditional:Unconditional:Condition terms Condition terms cannot be accepted.cannot be accepted.f若支付命令指示从某特定账户中支付款项，如“Pay B company the sum of one thousand US dollars from your N0.3 account”，f表明汇票款项的支付取决于该账户中是否有足够的款额，所以该项命令违背了“无条件支付”要式规定。Make choice

11、of whether the following bills are acceptable or not. Mark “X” before acceptable or unacceptable you choose. Explain the reason how do you make the choice?(1) A bill shows : Pay to ABC Co. providing the goods in compliance with contract No. 123 the sum of one thousand US dollars. It is acceptable/ac

12、ceptable/unacceptableunacceptableX(2) A bill shows: Pay to ABC Co. the sum of ten thousand US dollars on condition that shipment of goods has been made. It is acceptable/unacceptable.(3) A bill shows: Pay from our No. 2 account to ABC Co. the sum of one thousand US dollars. It is acceptable/unaccept

13、able.XX(4) A bill shows: Pay to ABC Co. the sum of one thousand US dollars. It is acceptable/unacceptable.X Tenor Tenor 付款期限付款期限到期日计算口诀到期日计算口诀“算尾不算头算尾不算头；月为日历月月为日历月, ,月月之同日为到期日，无同日即月之同日为到期日，无同日即月之末日付款之末日付款；假日顺延假日顺延 。”a“At _ days after sight/date” 16, May 31, May，16 days； 1, June 30, June，30 days； 60

14、4614 the maturity date is 14, July.At 60 days sight,acceptance date is 15, May.b.“after _month(s)” At one month after 15 December15 December15th,January At one month after 31 Januaryone month31,January28,Februaryone monthName or business entity of the payee Name or business entity of the payee 收款人名称

15、收款人名称f1.Restrictive Order: this bill can not be transferred to any other person.限制性抬头fPay to xxx only/not transferablef2.Demonstrative Order: this bill can be transferred to an other person by endorsement.指示性抬头fPay to the order of xxx/ pay to xxx or orderf3.Payable to Bearer: this bill can be transf

16、erred to an other person by delivery.持票人抬头fPay to bearer/pay to xxx or bearerAdditional Form Additional Form fPay this first bill of exchange (second being unpaid)付一不付二fReferee in Case of Need需要时的受托处理人fPlace of Payment 付款地点fInterest and interest rate 利息与利率fCurrency 用其他货币付款fWithout Recourse 无追索权fLimi

17、t of Time for Presentation 提示期限三、三、Acts of a bill of exchangeActs of a bill of exchange汇票汇票的票据行为的票据行为 p21-32 p21-32Act1 Issuance出票出票Act2 Endorsement背书背书Act3 Presentation提示提示Act4 Acceptance承兑承兑Act5 Payment: The act of paying /money paid付款付款Act6 Dishonor拒付拒付Act7 Protest拒绝证书拒绝证书Act8 Notice of Dishonor退

18、票通知退票通知Act9 Right of recourse追索权追索权Act10 Acceptance for Honor参加承兑参加承兑Act11 Guarantee/Aval保证保证Act12 Discounting 贴现贴现 Act1 Issuance出出票票 drawer出票人出票人draweePayee收款人收款人payer付款人付款人Present for paymentPresent for acceptanceissuestep 1: drawstep2: deliver DRAFT No. 30167577Exchange for_ _,_At_after sight of

19、this FIRST of Exchange (Second of Exchange is unpaid)Pay to _The sum of _To _ For _ （signature） USD 47,259.00Shanghai 20 April, 200-30 days the order of HUADONG EXPORT AND IMPORT CO., LTD.Rd,Shanghai China US Dollars Forty Seven Thousand Two Hundred Fifty Nine Only BANK OF SAIPAN,.Rd.,Tokyo,JapanBET

20、ERFORD DEVELOPMENT CO., LTD.Rd.,Shanghai China.Endorser has to sign on the back of the billMade for the whole amount of the draft背书指在票据背面或粘单上记载相关事项并签章的票据行为。Act2 Endorsement: sign ones name on Act2 Endorsement: sign ones name on the back of the bill, check and so onthe back of the bill, check and so

21、on背书背书E En nd do or rs se em me en nt tP Pa ay y t to o A A B Ba an nk k f fo or r c co ol ll le ec ct ti io on n F Fo or r A A C Co o. ., , L Lo on nd do on nS Si ig gn na at tu ur re eC Co ol ll le ec ct ti io on nE En nd do or rs se em me en nt tP Pa ay y t to o A A C Co o. . o on n d de el li iv

22、 ve er ry y o of f B B/ /L L N No o. .1 12 23 3 F Fo or r A A C Co o. ., , L Lo on nd do on n S Si ig gn na at tu ur re e C Co on nd di it ti io on na al l_ _ _ _ _ _ _ _ _ _ _ _o on nl ly y / /n no ot t n ne eg go ot ti ia ab bl le eP Pa ay y t to o A A B Ba an nk kF Fo or r A A C Co o. ., , L Lo o

23、n nd do on n S Si ig gn na at tu ur re eR Re es st tr ri ic ct ti iv ve eD De el li iv ve er ry y; ;e en nd do or rs se em me en nt t F Fo or r A A C Co o. ., , L Lo on nd do on n s si ig gn na at tu ur re eB Bl la an nk kE En nd do or rs se em me en nt tP Pa ay y t to o t th he e o or rd de er r o

24、of f B B C Co o. . F Fo or r A A C Co o. ., , L Lo on nd do on n s si ig gn na at tu ur re eS Sp pe ec ci ia al lN Ne eg go ot ti ia ab bi il li it ty yW Wr ri it ti in ng gK Ki in nd ds sf fo or r a ac cc co ou un nt t o of f B B C Co o. .n no ot t t tr ra an ns sf fe er ra ab bl le eDifferences of

25、 5 kinds of endorsementfIf the payee of the Draft wants to negotiate the bill to BANK OF HONGKONG, please make a restrictive endorsement for it. f Pay to BANK OF HONGKONG OnlyfFor HUADONG EXPORT AND IMPORT CO., LTDf(signature) Act3 Presentment Act3 Presentment 提示提示提示是持票人对付款人现实地出示汇票，要求其承兑或者付款的法律行为。分为

26、提示承兑、提示付款Act4 AcceptanceAct4 Acceptance承兑承兑 承兑是指经持票人提示，付款人同意按出票人指示支付票额的行为。Acceptor engages, by signing his name across the face of the bill that he will pay when it falls due. So presentment for acceptance is legally necessary to fix the maturity date of a draft payable after sight. 承兑的类型：承兑的类型：f(1)

27、一般承兑(General Acceptance)。f毫无保留地同意，不附加任何条件f(2)限制性承兑(Qualified Acceptance)。f对该汇票另加条款而对该票之效力有所影响一般承兑一般承兑Valid acceptance requiresValid acceptance requiresf Accepted Accepted f Dated Dated f For A Co., Place For A Co., Placef （SignatureSignature）Qualified AcceptanceConditional acceptance有条件承兑Partial acc

28、eptance部分承兑Local acceptance限定地点承兑Qualified acceptance as to time限定时间承兑Conditional acceptanceConditional acceptance有条件承兑有条件承兑f Accepted Accepted f 1st June,200 1st June,200* *fPayable on delivery of B/L Payable on delivery of B/L f For A Co., London For A Co., Londonf （SignatureSignature）Partial acce

29、ptancePartial acceptance部分承兑部分承兑f Accepted Accepted f 1st June,200 1st June,200* *fP a y a b l e f o r a m o u n t o f P a y a b l e f o r a m o u n t o f GBP800.00 only GBP800.00 only f For A Co., London For A Co., Londonf （SignatureSignature）Local acceptanceLocal acceptance限定地点承兑限定地点承兑f Accepted A

30、ccepted f 1st June,200 1st June,200* *fPayable at the Hambros Bank Payable at the Hambros Bank and there only and there only f For A Co., London For A Co., Londonf （SignatureSignature）Qualified acceptanceQualified acceptance as to time as to time限定时间承兑限定时间承兑f Accepted Accepted f 1st June,200 1st Jun

31、e,200* *fPayable at 6 months after date Payable at 6 months after date f For A Co., London For A Co., Londonf （SignatureSignature）fIf the Drawee agree to accept the bill when he was presented on JUNE,200-, please make an acceptance for him. f Acceptedf JUNE,200-fFor BANK OF SAIPAN,Tokyo(signature) A

32、ct5 Payment: The act of paying Act5 Payment: The act of paying /money paid/money paid付款付款 n汇票到期时，持票人向付款人或承兑人提示付款，经其正当付款后，汇票即被解除责任Act of dishonor is a failure or refusal to make acceptance on or payment of a draft when presented.Dishonor for acceptanceDishonor for payment a usance draft to present fo

33、r acceptanceA sight draft: legal limitA usance draft: on due dateAct6 DishonorAct6 Dishonor拒付拒付 Act7 ProtestAct7 Protest拒绝证书拒绝证书 是由拒付地点的法定公证人作出证明拒付是由拒付地点的法定公证人作出证明拒付事实的文件。事实的文件。 1.presented for acceptance presented for paymentNotary Public Authorized personDrawee2.DishonorHolder 3.Sealed written sta

34、tementProtestAct8 Notice of dishonor退票通知退票通知 汇票一旦遭到拒付或拒绝承兑，持票人应及早汇票一旦遭到拒付或拒绝承兑，持票人应及早通知汇票债务人。但这一行为并不具备法律效通知汇票债务人。但这一行为并不具备法律效力力 Act9 Right of recourseAct9 Right of recourse追索权追索权 追索是指持票人在票据被拒付时向其前手请求偿还票据金额及其他法定款项的行为。法律上称追索权 Act9 Right of recourseAct9 Right of recourse追索权追索权 行使追索权的三个条件：f条件条件1 1：须在规定的

35、：须在规定的合理时间内向付款人提合理时间内向付款人提示示汇票，未经提示，持票人不能对其前手追汇票，未经提示，持票人不能对其前手追索索 f条件条件2 2：持票人须在退票后的：持票人须在退票后的次日，将退票次日，将退票事实通知其前手事实通知其前手，后者再通知其前手，直到，后者再通知其前手，直到出票人出票人 f条件条件3 3：须在退票后的：须在退票后的一个营业日内一个营业日内，持票，持票人须请公证人做成人须请公证人做成拒绝证书拒绝证书 Act10 Acceptance for HonorAct10 Acceptance for Honor参加承参加承兑兑 是指汇票遭到拒绝承兑而退票时，非汇票是指汇票

36、遭到拒绝承兑而退票时，非汇票债务人在得到持票人同意的情况下，参加债务人在得到持票人同意的情况下，参加承兑已遭拒绝承兑的汇票的一种附属票据承兑已遭拒绝承兑的汇票的一种附属票据行为。其目的是为维护汇票上的某一当事行为。其目的是为维护汇票上的某一当事人或关系人的信誉，防止追索权的行使施人或关系人的信誉，防止追索权的行使施及该人。及该人。 fACCEPTED FOR HONOR OF B COMPANYfJULY 26, 2006fFOR K COMPANY, Londonf(SIGNED)Act of guarantee is performed by a third party called gu

37、arantor, who engages that the bill will be paid on presentation if it is a sight bill or accepted on presentation and paid at maturity if it is a time bill.Act11 Guarantee/AvalAct11 Guarantee/Aval保证保证 是指保证人为担保票据债务的履行，以负担同一票据债务内容为目的而作出的是指保证人为担保票据债务的履行，以负担同一票据债务内容为目的而作出的一种附属票据行为一种附属票据行为 A bill of exch

38、ange is to sell a time bill already accepted by the drawee but not yet fallen due to a financial institution at a price less than its face value.Act12 Discounting Act12 Discounting 贴现贴现贴现是一种票据转让方式，是指持票人在需要资金时，将其持有的商业汇票，经过背书转让给银行，银行从票面金额中扣除贴现利息后，将余款支付给申请贴现人的票据行为 四、四、Types of bill of exchangeTypes of

39、bill of exchange汇票的种汇票的种类类 Bankers draft or bank draft银行汇票银行汇票Trade bill商业汇票商业汇票Traders acceptance bill商业承兑汇票商业承兑汇票Bankers acceptance bill银行承兑汇票银行承兑汇票Sight bill即期汇票即期汇票Time bill远期汇票远期汇票Direct bill直接汇票直接汇票:承兑地与付款地相承兑地与付款地相同同Indirect bill间接汇票间接汇票:付款地与承兑地不付款地与承兑地不同同Inland bill国内汇票国内汇票Foreign bill外国汇票外国汇票Local currency bill本币汇票本币汇票Foreign currency bill外币汇票外币汇票小结小结f汇票的定义f汇票的8要素f汇票的12种票据行为f汇票的种类汇票的种类f课后作业：完善课堂上制作的汇票及各种票据行为，课后作业：完善课堂上制作的汇票及各种票据行为，预