制所运所货易大孝 1 Chapter 32 Documentary Credit
Chapter 32 Chapter 32 Documentary Credit Documentary Credit
尉所委所贺易大孝 1 Objectives
Objectives Objectives
Objectives A.To gain an understanding of documentary credit and its unique feature B.To find out why documentary credit developed c.To gain an understanding of how the documentary credit operates D.To learn relevant words,expressions and structures 制价爱行蜀易大考
Objectives Objectives A.To gain an understanding of To gain an understanding of documentary credit and its unique documentary credit and its unique feature feature B.To find out why documentary credit To find out why documentary credit developed developed C.To gain an understanding of how the To gain an understanding of how the documentary credit operates documentary credit operates D.To learn relevant words, expressions To learn relevant words, expressions and structures and structures
尉所委所贺易大孝 1 Introduction
Introduction Introduction
Introduction Cash payment in international trade is rarely adopted;instead,non-cash payment is commonly used.Documentary credit is a very important means of payment.Payment by credit transfers the importer's obligation of payment to the bank,which ensures that the exporter can get payment safely and promptly. At the same time,the importer gets the shipping documents on time,against which the latter can take delivery of the shipment. 制价爱行蜀多大考
Introduction Introduction Cash payment in international trade is rarely adopted; instead, non-cash payment is commonly used. Documentary credit is a very important means of payment. Payment by credit transfers the importer’s obligation of payment to the bank, which ensures that the exporter can get payment safely and promptly. At the same time, the importer gets the shipping documents on time, against which the latter can take delivery of the shipment