付款方式英文

INTERNATIONALPAYMENTInternationalPaymentFactorsdeterminingthepaymentmethodNatureofmerchandiseIndustrynorms/practicesDistancebetweenbuyerandsellerPotentialcurrencyfluctuationPolitical&economicstabilityRelationshipbetweenbuyerandsellerInternationalPaymentThemainmethodsofpaymentininternationalbusinessareasfollows:MethodofpaymentKindsofpaymentswithtimes（1）Paymentbeforedelivery交货前付款（2）Paymentasdelivery交货时付款（3）Paymentafterdelivery交货后付款BillofExchangeDefinition–

Anunconditionalorderinwritingaddressedbyonepersontoanother,signedbythepersongivingit,requiringthepersontowhomitisaddressedtopayondemand,oratafixedordeterminablefuturetime,acertainsuminmoneyto,ortotheorderof,aspecifiedpersonorbearer.BillofExchangePartiesinvolvedDrawerDrawee/PayerBillofexchangePayeeMoneyRemittanceremit:v.tosend(money)usu.Throughthepost,orbytelegraphorcable.DefinitionofRemittance–

afterconclusionofabusinesstransaction,thedebtorinstructshisbanktosend(remit)thetransactionamounttohiscreditorinexportcountry.Itisthedebtorwhotakesinitiativetosendthepayableamounttohiscreditor.RemittancePartiesInvolvedRemitterRemittingBankPayingBankBeneficiary/PayeeInstructionImporterLocalBankILocalBankEExporterInstructionMoneyMiddleBankRemittanceTypesofremittanceMailTransfer(M/T)信汇TelegraphicTransfer(T/T)电汇BycableBytelexBySWIFT(SocietyforWorldwideInter-bankFinancialTelecommunications)RemittancebyBanker’sDemandDraft(D/D)票汇RemittanceRemittanceinpracticePaymentinadvancePaymentafterarrivalofgoodsShipmentonconsignmentCharacteristicsofremittanceRisky:basedoncommercialcreditFinancingrequirement:eitherforbuyerorsellerConvenient,comparativelylowcostCollectionDefinition–AmeansofpaymentensuringthatthegoodsarehandedovertothebuyeronlywhenhepaystheamountshownonabillorwhenheacceptsthebillandcommitstopaybyaspecifieddateCollectionPartiesinvolvedPrincipalRemittingBankCollectingBankDraweeInstruction+Doc

ExporterLocalBankELocalBankIImporterInstruction+DocDocumentsMiddleBankMoneyCollection-TypesDocumentaryCollectionDocumentsagainstPayment(D/P)D/PatsightD/Paftersight(includingD/P-T/R)DocumentsagainstAcceptance(D/A)CleanCollectionCollectionProcedureofDocumentaryCollectionExportercollectingshippingdocuments;ExporterdrawingaB/Eonimporter;Exportersubmittingalldocswithdocsforcollectiontohisbank&instructinghisbanktoeffectcollectionforhim;RemittingbankforwardingB/Ewithotherdocstoitscorrespondentbankinimporter’scountryCollectingbank/presentingbankreleasingdocstoimporteruponreceiptofpaymentsoracceptancefromimporter;Collectingbankremittingpaymentstoremittingbank;Remittingbankcreditingpaymenttoprincipal’saccount.DocumentaryCreditDefinition-

Thewrittenpromiseofabank,undertakenonbehalfofabuyer,topayasellertheamountspecifiedinthecreditprovidedthesellercomplieswiththetermsandconditionssetforthinthecreditDocumentaryCreditContentsName&addressofopeningbank;DateofissuanceofL/C;NumberofL/C;Unitpriceand/orcreditamount;Descriptionofcargo;TypeofL/C;Name&addressofthepartiesconcerned;Documentsthatshallbeprovided;Detailsofshipment;ValidityperiodforL/C&latestdateforshipment;Feesclauses;Specialclause.DocumentaryCreditSettlementBynegotiationByacceptanceBypaymentBydeferredpaymentDocumentaryCreditTypesofL/CDocumentaryvs.CleanRevocablevs.IrrevocableConfirmedvs.UnconfirmedSight(payment)creditvs.Usance/timecreditPaymentcreditvs.AcceptancecreditStraightcredit/negotiationcreditOpennegotiationcreditvs.Restrictednegotiationcredit

DocumentaryCreditTypesofL/CTransferablevs.Non-transferableRevolvingcreditvs.Non-revolvingcreditReciprocalcreditBacktoBackcreditAnticipatory/RedClausecreditStandbycredit

InternationalPaymentLetterofCreditL/C信用证IrrevocableLetterofCredit不可撤销信用证ConfirmedLetterofCredit保兑信用证DivisibleLetterofCredit可分割信用证Transferable