HND国际贸易融资.ppt

1、Continued,The buyer arranges payment through bank,Buyer,Bank,Sellers Bank,Seller,The buyer arrange payment of foreign exchange through banking system to seller,- who bears the risk of loss or damage to goods?,Crash !,Who should go to insurance company to claim for the damage?,Seller,or,Buyer,Insuran

2、ce company,So, we need a point of place for risk transfer.,It may be;,Sellers premises,Port of loading,The rail of ship at port of loading,On deck of ship at port of discharge,At the front of two countries,etc.,This point is the boundary of duty. If goods are damaged on sellers side, seller is respo

3、nsible for claiming loss at insurance company. If it is on buyers side, it is buyers duty to do so.,Where is the place at which seller hands goods over to buyer?,Sellers premises,Port of loading,the ship of port of loading,the ship of port of discharge,etc.,How is the transportation cost shared betw

4、een seller and buyer?,On deck of ship at port of loading,Buyers premises,Seller pays for loading truck, carriage fee to to port of loading, export clearance, harbor charges and loading goods onto ship.,Seller pays for all the charges incurred in the delivery, including carriage fees within exporting

5、 country, harbor and customs clearance charges of both importing and exporting country, loading and unloading charges, insurance premium and carriage fees within buyers country, etc.,to the front of two countries,On deck of ship at port of discharge,Sellers delivery cost includes carrying goods to t

6、he front of the country, customs clearance in exporting country and insurance within exporting country,etc.,Sellers delivery cost includes transporting goods to importing country (excluding unloading cost), insurance concerned and customs clearance in exporting country,etc.,Those not mentioned shoul

7、d be borne by buyer.,Lets summarize.,The INCOTERMS makes stipulations on the followings:,1. The point of place at which charges transfer from seller to buyer.,2. The point of place at which risk transfer from seller to buyer.,3. The point of place at which seller deliver goods to buyer and buyer org

8、anizes transportation for next part of journey.,They are concerning with delivery of goods from seller to buyer. INCOTERMS tells us about them.,INCOTERMS,Three letters abbreviation simplifies negotiation process,same understanding of the contents,Incoterms published by ICC is most authoritative, the

9、 standard explanation,Gives legal effect to Incoterms by Incorporating them in sales agreement,Should refer to the full effect of Incoterms 1990 or 2000, ICC Publication,From these perspectives, the C Terms are much more beneficial for seller than for buyer, as seller select the carrier and control

10、the costs and timing of the main carriage without undertaking any risks, while the buyer takes all risks for a period of main carriage during which buyer has no means of controlling or limiting those risks. C组对卖方更有力，因为卖方负责挑选承运人，并且可以 控制成本与运输时间，同时不承担任何风险，相反， 买方负责主要运输期间的所有风险，同时无法控制运输时间 以及相关风险承运人卖方,Flow

11、 chart of international bank transfer,Buyer,Remitting Bank,Seller,Paying Bank,PO=Payment Order with the name and add. of beneficiary汇款指示,BT= Bank Transfer advising how money is transferred from remitting bank to paying bank银行划拨指示,With signature or test key签字密押,Documentary Collection Flowchart跟单托收,Se

12、ller/principal,Carrier,Remitting Bank托收行,Collecting Bank代收行,Buyer/ drawee,D/A (documents against acceptance)承兑交单,Seller/principal,Remitting bank,Collecting bank,Buyer/payer,Collecting bank keeps accepted draft and at maturity, presents it for payment. 代收行为出口上保管承兑出现二次提示，付款,D/P at sight即期付款交单,Seller /

13、 principal,Remitting bank,Collecting bank,Buyer/payer,Only one presentment for payment.一次提示， 即期付款,D/P at tenor远期付款交单,Seller / principal,Remitting bank,Collecting bank,Buyer / payer,5After payment at maturity, buyer gets documents.票据到期 付款交单,The basic documentary credit operation跟单信用证流程,Issuing Bank,A

14、dvising Bank,LC is bankers conditional undertaking of payment.信用证作为银行的有条件付款承诺,The precondition of LCs payment is that the documents presented by seller must comply with terms and conditions in LC.只要卖方交单符合信用证条款 银行必须付款,Continued,Carrier,Advising bank acting As nominated bank,Issuing Bank,Flow chart of

15、 direct letter of guarantee 直开银行担保（1）,Applicant / principal,Guarantee bank,Advising bank,beneficiary,Advising bank is agent of guarantee bank , and in charge of checking the authenticity of bank guarantee and the documents attached.银行检查单据 真伪,Guarantee Bank担保银行,Advising Bank通知行,Beneficiary,Flow chart of direct letter of guara