国际贸易支付手段656634623.pptVIP

Chapter Seven International Payments and Settlements The Main Contents in This Chapter I. Brief Introduction of International Payments and Settlements II. Basic Methods of International Payments and Settlements III. Importance of Documents in International Payments and Settlements IV. Credit Instruments V. Letter of Credit VI. Documentary collection Learning Objectives By the end of this chapter, you should be able to: --Define the International payments and settlements --Explain the basic payment methods --Define the Letter of Credit and UCP500 --Define the collection and URC 522 --Define the draft and its kinds --Learn to make documents according an L/C Preview Case When the tourists, merchants, delegations or other people go abroad, they need money to spend, to buy something, or to pay for various expenses and charges there. The most common means for them to carry funds are cash, travelers check, travelers letter of credit and credit card. Do you think these are the international payments and settlements? I. Brief Introduction of International Payments and Settlements As everybody knows, most international payments originate from transactions in the world trade, they are money transfers as a result of international clearing. ★ Payments of visible trade ★ Payments of invisible trade ★ Payments of financial transaction ★ Payments between governments ★ Others payments such as overseas remittances, educational expenses, etc., Definition of International Payments and Settlements International payments and settlements are financial activities conducted among different countries in which payments are effected or funds are transferred from one country to another in order to settle accounts, debts, claims, etc., emerged in the course of political, economic or cultural contacts among them. Classifications of International Payments and Settlements 1. International trade settlement 2. International non-trade settlement Evolutions of Inter