Chapter 4 Collection Learning Objects: · Definition Main parties involved . General procedure .Method of releasing documents Characteristics ° Risks analysis Accomodation 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © Chapter 4 Collection Learning Objects: • Definition •Main parties involved •General procedure •Method of releasing documents •Characteristics •Risks analysis •Accomodation
URC522 The Bills for Collection process is governed by a set of rules, published by the International Chamber of Commerce(CC)called"Uniform Rules for collections" document number 522 URC522). Over 90% of the world's banks adhere to this document- pick up a copy from the ICC (See contact details below) or your bank and familiarise yourself with the contents 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © URC522 The Bills for Collection process is governed by a set of rules, published by the International Chamber of Commerce (ICC) called "Uniform Rules for Collections" document number 522 (URC522). Over 90% of the world's banks adhere to this document - pick up a copy from the ICC (See contact details below) or your bank and familiarise yourself with the contents
The Uniform Rules for Collection (URC 522)is the internationally recognized codification of rules unifying banking practice regarding collection operations for drafts and for documentary collections 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © The Uniform Rules for Collection (URC 522) is the internationally recognized codification of rules unifying banking practice regarding collection operations for drafts and for documentary collections
The URc was developed by the International Chamber of commerce (ICC)in Paris It is revised and updated from time-to time the current valid version is cc publication No 522 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © The URC was developed by the International Chamber of Commerce (ICC) in Paris. It is revised and updated from time-totime; the current valid version is ICC publication No. 522
1. definition Collection means in accordance with instructions received, the handling by banks of Obtaining payment and/or acceptance of financial documents or Delivering documents against payment and/or against acceptance, or Delivering documents on other terms and conditions 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © 1. definition Collection means in accordance with instructions received, the handling by banks of: Obtaining payment and/or acceptance of financial documents, or Delivering documents against payment and/or against acceptance, or Delivering documents on other terms and conditions