国际结算英文版讲义

国际结算英文版讲义§2.1DefinitionInternationalremittancehappenswhenaclient(payer)askshisbanktosendasumofmoneytoabeneficiaryabroadbyoneofthetransfermethodsathisoption.§2.2partiesconcernedandmethods1.Partiesinvolvedininternationalbankremittanceincludethefollowing:(1)Theremitter

Theremitterisalsothepayer.(2)Remittingbank,outwardremittance(3)Payingbank,inwardremittance(4)Thepayee2.Methods:(1)Remittancebyairmail----M/TPaymentorder,mailadviceorcreditadvice/pleasedebitadvicearetransmittedbyairmail.(2)Remittancebycable/telex/SWIFT----T/TInstructionsaretransmittedbycable,throughSWIFT/CHIPS…Abanker’sdraftisanegotiableinstrumentdrawnbyabankonitsoverseasbranchoritscorrespondentabroadorderingthelattertopayondemandthestatedamounttotheholderofthedraft.Itisoftenusedwhentheclientwantstotransferthefundstohisbeneficiaryhimself.1.Theprocedureforbankremittancebymailorbycableusuallycomprisesthefollowing:WrittenapplicationDebitadvicePaymentorderPaymentReimbursementclaim§2.3ProceduresMailtransfer,M/TTelegraphictransfer,T/T

2.Theprocessofademanddraftisas

follows:D/DapplicationBanksightdraft.Theremitterforwardsthedrafttothepayee.Thepayeepresentsthedrafttothedraweebankforpayment.Thedraweebankverifiesthesignatures,paysthedraft,andclaimsbacktheamountthatispaidaccordingtoitsagencyarrangementwiththeremittingbank.Banker’sDemandDraft,D/D§2.4AdvantageandDisadvantage1.Advantage.AdvantageofD/D:Demanddraftisanegotiableinstrument,whichcanbetransferredsothatitismoreconvenientinuseforpayment.AdvantageofM/TItinvolvedbank-to-bankinstructionwithbanksresponsibleformakingpayments,soitisratherreliable.AdvantageofT/TTHEFASTESTWAY2.Disadvantage:Disadvantagesofremittancebydemanddraft:(1)ThetransmissionofD/DisslowerthanthatofT/Tandcannotservethepurposeofquickpayment.(2)Itispossibleforademanddrafttobelost,stolenordestroyed.Disadvantagesofremittancebyairmail:(1)Itispossibleforthemailtransferordertobedelayedorlostinthepost.(2)ThetransmissionisslowerthanthatofT/Tandcannotservethepurposeofquickpayment.(3)Unliketheremittancebydemanddraft,thebeneficiarymustawaitnotificationfromthebankconcerned.Disadvantagesofremittancebycable:(1)Themostexpensivewayofremittance(2)Thebeneficiarymustawaitnotificationfromthebankconcerned.Swiftness,reliability,safetyandinexpensivearemajoradvantagesoftransactionsbymeansofSWIFTmessages.Comparisonamongthethreekindsofremittances:§2.5ThepracticeofremittanceOutwardremittance:TosendM/Tadvice,orpaymentorderthroughairmailOrtosendpaymentinstructionbytelegramOrtoissueabanker’sdemanddraftInwardremittance:Toverifythesignature/testkeyAndtopayAndtoreplytheadvicewithreimbursement电报或电传的电文FM:BANKOFASIA,TIANJIN（remittingbank）TO:THEHONGKONGANDSHANGHAIBANKINGCORP.,HONGKONG（payingbank）DATE:1STMARCHTEST1235/OURREF.208TT0517/NOANYCHARGESFORUS/PAYUSD20，000.00VALUE/1STMARCH/TO

YOURHAYWAYBUILDINGBRANCH58STANLEYSTREETHONGKONG（收款人的帐户行）/FOR(CREDITOF)ACCOUNTNO.004-110-106028-001FAVOURINGPRECISIONPHOTOEQUIPMENTLTD.HONGKONG（收款人）/MESSAGECONTRACTNO.P10158ORDER/PHOTOGRAPHCO.TIANJIN（汇款人）/COVERDEBITOURHOACCOUNT.§2.6Reimbursement

§2.5Thefunctionofremittanceininternationaltrade1.PayinadvanceThissignifiedthattheimporterpaystheexporterbeforedeliveryofthegoods.2.OpenAccountTransa