国际结算名词英文解释

1、第一章International Settlement （国际结算）： International Settlement is defined as financialactivities conducted among different countries in which payments are effected or funds are transferred from one country to another,in order to settle accounts,debts,claims and etc.Negotiable instruments （可转让票据）： A ne

2、gotiable instrument is an instrument the titleson whichcan be transferred easily from one party to another, whichis a kind of financial documents.Drawer （出票人）drawee （付款人）payee （收款人）endorse （背书）letter of credit （信用证）Standby letter of credit （备用信用证）guarantee （保函）international factoring （国际保理）internati

3、onal forfaiting （国际无追索权买断）Marine Bill Of Lading （海运提货单）Airway Bill （空运提单）Insurance Policy （保险单）Customs Invoice （海关发票）International Cargo Trade Settlement （国际货物贸易结算）： The financial activity arisingfrom international cargo merchandise trade is called international cargo trade settlement.International

4、Service Trade Settlement （国际服务贸易结算）： International service tradesettlement refers to the settlement related to the cross-border services providing.General Agreement on Trade in Service （服务贸易总协定）： a treaty of the World TradeOrganization, covers four modes of supply for the delivery of services in cro

5、ss-border trade.Cross-border supply （跨境交付）： refer to the services delivered within the territory of themember, from the territory of another member. It is the services but not thepeople or material that crosses the border.Consumption abroad （境外消费）： Consumption abroad is the services delivered outsid

6、ethe territory of the member, in the territory of another member, to a service consumer of themember.Commercial presence （商业存在）： Commercial presence is the services delivered withinthe territory of the member, through the commercial presence of the supplier.Presence of natural person （ 自然人流动）： Prese

7、nce of natural person is services deliveredwithin the territory of the member, with supplierpresenting as a natural person.International Non-trade Settlement （ 国 际 非 贸 易 结 算 ） ： International Non-Trade Settlement refers to financial activities that are generated in the course of other cross-border e

8、conomic （excluding international trade）, political and cultural contacts.Cash on Delivery （货到付款）Documentagainstpayment （付款交单）clearing systems （清算系统）Clearing House Inter-bank Payment System（CHIPS）5® 余勺清算所金艮行同It 支付系统Clearing House Automated Payment System（CHAPS） 自勤支付清算系统negotiating bank （议付银行）acc

9、epting bank （承兑银行）reimbursement bank （偿付银行）confirming bank （保兑银行）： International customs andInternational Trade Customs and Practices practices are the habitual patterns rules and regulations recognized by internationalcommunity. They are formed in long-term international communication and practice.

10、UK Bill of Exchange Act of 1882 （汇票法）US Uniform Commercial Code of 1952 （统一商法典）Correspondent Bank （关系银行）： When a local bank and a foreign bank provide agencyservices for each other under an agreement, the two banks become correspondent banks in international settlement mutually.Depository Bank （保管银行

11、）Non- depository Bank （非保管银行）Bill of Exchange （汇票） ： Bill of Exchange isan unconditional order in writing, addressed第二章by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in mo

12、ney to or to the order of a specified person or to the bearer.Promissory Note （本票） ： A promissory note is an unconditional promise in writing made byIt is anone person to another signed by the maker, engaging to pay, on demand or at a fixed or determinable future time, a sum certain in money, to, or

13、 to the order of, a specified person or to bearer.Cheque （支票） ： it is “ an bill of exchange drawn on a banker payable on demand unconditional order in writing, signed by the person giving it, requiring the banker to whom it is addressed to pay on demand a sum certain in money to, or to the order of,

14、 a specified person or to bearer.Non-causative Nature （无因性）： means when the creditor exercises his right （ask thepayer for payment）, he needn t indicates the payer the reason.General acceptance （一般承兑）： It means the acceptor signs on the face of the draft,accepting the drawer s order without restrict

15、ive statementQualified acceptance （条件承兑）： It means the acceptor signs on the face of the draft,using specific wording to change the effect after acceptance.Dishonor （拒付） ： Act of dishonor is a failure or refusal of acceptance or payment of a bill of exchange when presented.Right of Recourse （追索权）： R

16、ecourse refers to act of the holder to demand for payment from the drawer and endorser in case that the draft has been dishonored.Crossed cheque （划线支票）is the cheque with the two parallels on the face, it can be usedonly for account transferOpencheque （普通支票）： is the cheque without the two parallels o

17、n the face, it can beused for cash withdrawal and account transferCertified cheque （保付支票）： is one that is certified by the drawee bank. Once a cheque iscertified by the drawee bank, all other obligors on the cheque would be discharged from the liability of payment.Uncertified cheque （未证明支票）： is the

18、counter example of certified cheque.cheque payable to bearer （ 无记名支票）： When the payee of a cheque is the bearer. It canbe transferred against delivery.cheque payable to order （ 记名支票）： When the payee of a cheque is a nominated person.第三章：Remittance （汇付） ： refers to funds transferfrom one party to ano

19、ther among differentcountries.Remitting Bank (汇出行)： Remitting Bank is the bank that transfers funds at the request ofremitter to its correspondent or branch in another country and instructs the latter to pay a certain amount of money to the beneficiaryBeneficiary (收款人)Paying Bank( 付款行) ： Paying bank

20、 is the bank that is entrusted in the payment instruction by the remitting bank to pay a certain amount of money to the payee or the beneficiary.Telegraphic Transfer(T/T) ：电汇：Telegraphic transfer means the remitting bank sends itspayment order to the paying bank by cable/telex/SWIFT. It is the most

21、efficient and safest way to transfer fund.Mail Transfer (M/T) ：信汇：Mail transfer means that the remitting bank, on the request ofthe remitter, transfers the funds by mailing a payment order or mail transfer advice, authorizing the paying bank to make payment to the payee or the beneficiaryDemand Draf

22、t (D/D) ： 即期汇票/票汇：Demand draft is a remittance that the remitting bank ,at the request of the remitter , draws a demand draft on the paying bank , ordering thelatter to pay a certain sum of money to the beneficiary(the payee of the draft) on presentation.Remittance Reimbursement （回款） ： When the payi

23、ng bank effects payment to the payee according to the remitting bank's instruction, the paying bank will be paid the same amount from the remitting bank.Cancellation of Remittance （取消汇款）： means the remittance can be canceled before itspayment It can be done by either the remitter or the benefici

24、ary.第四章collection （托收） ： It means when exporter （or the creditor） has shipped the ordered goodsor provided the regulated services, he will submit financial documents or commercial documents or both, which evidence the fulfillment of the contract obligation and claim thereto, to his bank, request his

25、 bank, to entrust the importer bsank （ normally the exporter bank scorrespondent bank ） to present the document to the importer （or the debtor）, and to collect money for goods or service from the importer.Financial documents （金融单据）： bills of exchange, promissory notes, cheques, or othersimilar instr

26、uments used for obtaining the payment.Commercial documents （商业单据）： invoices, transport documents, documents of title or other similar documents, or any other documents whatsoever, not being financial documents.Principal （委托人）： It is a party that entrusts the bank to handle collection business. Hehan

27、ds commercial documents or financial instruments or both to the bank, instructing the remitting bank to collect money for goods or service for him.Clean Collection （光票托收）： It is collection of financial documents not accompanied bycommercial documents.Documentary Collection （跟单托收）： It refers to the process by which the principal submitsfinancial documents accompanied b