Documents Financial documents Documents relating to payment. The bill of exchange is the financial document most commonly used in collections and L/C Promissory notes are sometimes used in collections 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © Documents Financial documents: Documents relating to payment. The bill of exchange is the financial document most commonly used in collections and L/C. Promissory notes are sometimes used in collections
Commercial documents o Documents relating to the consignment itself, eg (cOmmercial invoice (2) Packing list (tRansport document (4)Insurance document (5) Certificate of origin 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © Commercial documents l Documents relating to the consignment itself, eg. (1) Commercial invoice (2) Packing list (3) Transport document (4) Insurance document (5) Certificate of origin
Inward collection How a Collecting or Presenting bank wil refer to a collection Collection that has been received from an overseas bank or exporter for presentation to a buyer in this country 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © Inward collection How a Collecting or Presenting bank will refer to a collection. Collection that has been received from an overseas bank or exporter for presentation to a buyer in this country
Outward collection How the Remitting bank refers to a collection Collection being sent overseas to collecting bank(s )for presentation to buyer 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © Outward collection How the Remitting bank refers to a collection. Collection being sent overseas to collecting bank(s) for presentation to buyer
2. Main Parties involved- The principal (seller/exporter/drawer/consignor/ship per/payee) Party who instigates a collection, i.e. the seller 经贸学国贸系 王学高C
经贸学院国贸系 王学惠 © 2.Main Parties involved The principal (seller/exporter/drawer/consignor/ship per/payee) Party who instigates a collection, i.e. the seller