international payment terms letter of credit

International payment service by opening Letter of Credit at Vietnam Eximbank Hanoi Branch.doc

International payment service by opening Letter of Credit at Vietnam Eximbank Hanoi Branch.doc

Ngày tải lên : 27/10/2012, 16:44
... the Letter of Credit. Letter of Credit is abbreviated as an LC or L/C and often is referred to as a Documentary credit, abbreviated as DC or D/C, documentary letter of credit, or simply as Credit. ... A2/K44/BBE CONTENTS ACKNOWLEDGEMENTS……….……………………………………………………i LIST OF ABBREVIATION iv LIST OF FIGURES AND TABLES… v INTRODUCTION vi PART 1: LITERATURE REVIEW OF IMPORT AND EXPORT L/C 1 I. INERNATIONAL PAYMENT BY LETTER OF CREDIT 1 1. Letter of credit ... Definition of Letter of Credit 1 1.2. Role of Banks in Documentary Letters of Credit 3 1.3. The Documentary Credit Cycle 3 2. Import LC 5 3. Export LC 7 II. HISTORY AND DEVELOPMENT OF EXIMBANK...
  • 39
  • 2K
  • 30
Tài liệu Application and Agreement for Standby Letter of Credit pptx

Tài liệu Application and Agreement for Standby Letter of Credit pptx

Ngày tải lên : 20/12/2013, 17:15
... the laws of the State of California, unless otherwise stipulated on Page 1 hereof or in the Letter of Credit. If so stipulated on Page 1 hereof or in the Letter of Credit, the Letter of Credit ... ____________ page 7 of 7 XXXX Bank Application & Agreement for Standby Letter of Credit .6 Any changes or modification with respect to the terms or provisions of the Letter of Credit or any of the matters ... out of: ()a any lack of validity or enforceability of this Agreement; or ()b any amendment or waiver of or consent to departure from the terms of the Letter of Credit; or ()c the existence of...
  • 7
  • 677
  • 0
Tài liệu Security Agreement and Pledge For Use with Letter of Credit pptx

Tài liệu Security Agreement and Pledge For Use with Letter of Credit pptx

Ngày tải lên : 20/12/2013, 17:15
... Security Agreement and Pledge For Use with Letter of Credit The signer(s) certifies that he/she is authorized to execute this Credit Application on behalf of the Applicant named below, and that ... under review. If the credit request is not granted, the hold will be released. This Credit Application is made as of_ ____________(date) at (city),___________(state). Name of Applicant FOR PARTNERSHIPS, ... XY-ZU-4715 Page 2 of 2 FOR CORPORATIONS ONLY: THE PRESIDENT OR CHAIRMAN OF THE BOARD OR ANY VICE PRESIDENT AND ONE OF THE FOLLOWING, SECRETARY, ASSISTANT SECRETARY, CHIEF FINANCIAL OFFICER OR ASSISTANT...
  • 2
  • 663
  • 1
Tài liệu Letter of credit ppt

Tài liệu Letter of credit ppt

Ngày tải lên : 20/12/2013, 19:15
... the Letter of Credit. Letter of Credit is abbreviated as an LC or L/C, and often is referred to as a documentary credit, abbreviated as DC or D/C, documentary letter of credit, or simply as credit ... seller, buyer's bank supplies a letter of credit to seller. LETTER OF CREDIT Home Documentations Law and legislatives Links Vietnamese From Wikipedia A letter of credit is a document issued mostly ... buyer. Buyer provides bill of lading to carrier and takes delivery of goods. Understanding and Using Letters of Credit, Part I Understanding and Using Letters of Credit, Part II Irrevocable...
  • 5
  • 502
  • 0
Tài liệu Letter of credit doc

Tài liệu Letter of credit doc

Ngày tải lên : 16/01/2014, 18:20
... the Letter of Credit. Letter of Credit is abbreviated as an LC or L/C, and often is referred to as a documentary credit, abbreviated as DC or D/C, documentary letter of credit, or simply as credit ... a carrier in exchange for a bill of lading. Buyer provides bill of lading to carrier and takes delivery of goods. Letter of credit From Wikipedia A letter of credit is a document issued mostly ... issue letters of credit however parties must balance potential risks. The LC can also be the source of payment for a transaction, meaning that an exporter will get paid by redeeming the letter of...
  • 5
  • 374
  • 0
Understanding and Using Letters of Credit part1

Understanding and Using Letters of Credit part1

Ngày tải lên : 05/11/2012, 16:27
... commercial letter of credit is the primary payment mechanism for a transaction, whereas the standby letter of credit is a secondary payment mechanism. Commercial Letter of Credit Commercial letters ... two types of letters of credit: commercial and standby. Commercial letters of credit are used primarily to facilitate foreign trade. The commercial letter of credit is the primary payment mechanism ... seller wants a letter of credit to guarantee payment. * Buyer applies to his bank for a letter of credit in favor of the seller. * Buyer's bank approves the credit risk of the buyer, issues...
  • 6
  • 652
  • 1
INTERNATIONAL COMMERCIAL TERMS (INCOTERMS)

INTERNATIONAL COMMERCIAL TERMS (INCOTERMS)

Ngày tải lên : 20/03/2013, 09:21
... FOB Cat Lai port, Incoterms 2010  CFR Hong Kong port, Incoterms 2010  CPT warehouse, Incoterms 2010  DAT Hong Kong port, Incoterms 2010  DDP buyer’s warehouse, Incoterms 2010 DAP (Delivered ... xuất khẩu CÁC BIẾN THỂ INCOTERMS THƯỜNG GẶP  FOB berth terms  FOB trimmed/ stowed  FOB under tackle  CIF Free Out (CIF FO)  CIF Free In, Out (CIF FIO)  CIF liner terms  CIF under tackle CIF ... Duty Paid 5 Một số lưu ý khi sử dụng Incoterms  Là tập quán thương mại không mang tính bắt buộc  Phải được dẫn chiếu trong Hợp đồng  Những vấn đề Incoterms giải quyết  Ghi rõ là phiên bản...
  • 23
  • 552
  • 1
International Commerce Terms - Các điều khoản thương mại quốc tế

International Commerce Terms - Các điều khoản thương mại quốc tế

Ngày tải lên : 06/04/2013, 19:59
... INCOTERM 1.1Incoterms là gì? Incoterms (viết tắt của International Commerce Terms - Các điều khoản thương mại quốc tế) là bộ quy tắc được ICC ( viết tắt của International Chamber of Commerce – ... Incoterms không phải là văn bản luật 2. Muốn áp dụng đúng Incoterms phải nắm vững kết cấu và nội dung từng điều kiện thương mại. 3. Incoterms 2000 chỉ có 3 điểm thay đổi nhỏ so với Incoterms ... hợp đồng ngoại thương có dẫn chiếu loại Incoterms sử dụng thì khi có tranh chấp xảy ra, văn bản Incoterms và các tài liệu giải thích chuẩn mực về Incoterms, là những căn cứ quan trọng mang tính...
  • 37
  • 1.2K
  • 4
Tài liệu An Introduction to Letters of Credit pptx

Tài liệu An Introduction to Letters of Credit pptx

Ngày tải lên : 16/01/2014, 11:37
... Currency Letters of Credit 24 Chapter 5 Letters of Credit – Special Types 29 Revolving Letters of Credit 30 Installment Letters of Credit 30 Advance Payment Letters of Credit 30 Red Clause Letters of ... Letters of Credit 31 Transferable and Back-to-Back Letters of Credit 31 Transferable Letters of Credit 31 Back-to-Back Letters of Credit 34 Assignment of Proceeds 35 Simplified Letters of Credit ... of the second Letter of Credit, utilizing the first as a source of payment to the issuer of the second Letter of Credit. The two Letters of Credit used to facilitate the purchase and resale of...
  • 152
  • 486
  • 2
Tài liệu Understanding and Using Letters of Credit Part 1 pptx

Tài liệu Understanding and Using Letters of Credit Part 1 pptx

Ngày tải lên : 16/01/2014, 18:20
... maturity. Standby Letter of Credit The standby letter of credit serves a different function than the commercial letter of credit. The commercial letter of credit is the primary payment mechanism ... standby letter of credit serves as a secondary payment mechanism. A bank will issue a standby letter of credit on behalf of a customer to provide assurances of his ability to perform under the terms ... assurances of his ability to perform under the terms of a contract. Upon receipt of the letter of credit, the credit professional should review all items carefully to insure that what is expected of...
  • 9
  • 511
  • 0

Xem thêm