国际结算练习(程丽萍)答案完整版(共21页).doc

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1、精选优质文档-倾情为你奉上Exercise 1一、Make choice of whether the following bills are acceptable or not. Mark X before acceptable or unacceptable you chose.(1) A bill shows: pay to ABC Co. providing the goods in compliance with contract the sum of one thousand US Dollars. It is oacceptable / xunacceptable.(2) A b

2、ill shows: pay to ABC Co. the sum of ten thousand US dollars on condition that shipment of goods has been made. It is o acceptable / xunacceptable.(3) A bill shows: On demand pay to the order of ABC Co. the sum of twenty thousand US dollars drawn against shipment of 10bales cotton piece goods from T

3、ianjin to London. It is x acceptable /o unacceptable.(4) A bill shows: pay to ABC Co. out of proceeds of sale of woollen blankets the sum of one thousand US dollars. It is o acceptable / xunacceptable.(5) A bill shows: pay from our No. 2 account to ABC Co. the sum of one thousand US dollars. It is o

4、 acceptable /xunacceptable.(6) A bill shows: pay to ABC Co. or order the sum of one thousand pounds and debit our No. 2 account. It is x acceptable / ounacceptable.(7) A bill shows :after customs clearance pay to the order of ABC Co. the sum of twenty thousand US dollars. It is o acceptable / xunacc

5、eptable.(8) A bill shows: pay to Mary the sum of fifty pounds and give her a suit of clothes. It is o acceptable /xunacceptable.(9) A bill shows: pay to the order of ABC Co. the sum of one thousand pounds plus interest. It is o acceptable /xunacceptable.二、(1) A bill is payable at XX days after sight

6、, what date is the day from which time of payment begins to run? The date of acceptance (2)A bill is payable at XX days after date, what date is the day from which time of payment begins to run? The date of issuing (3) The maturity of one month after 31 Jan. is 28 Feb (4) The maturity of 180 days af

7、ter 4 April is 1 Oct (5) The maturity of 180 days from 6 Nov.1999 is 3 May. 2000 三、Fill in the following blank forms to draw a bill of exchange. The bill includes the requisite items as follows:(1) date: 22 May,200X amount: GBP21,787.00 tenor: at 90 days after sight drawer: China National Animal By

8、products Imp.& Exp. Corp, Beijing Branch, Beijing drawee: Bank of Atlantic, London payee: the Order of China National Animal By product Imp.& Exp. Corp, Beijing Branch(2) date: 23 July,2000 amount: USD 35,461.50 tenor: on 31 Oct, 2000 fixed darwer: George Anderson Inc, New York drawee: Irving Trust

9、Company, New York payee: Brown and Thomas Inc. or order drawn against shipment of cotton form Australia to St. Louis.EXCHANGE for GBP 21787.00 Beijing , 22.May200X At 90 days after sight pay this first bill of exchange(Second of same tenor and and date unpaid) to the order ofChina National Animal By

10、 product Imp.& Exp Corp, Beijing Branch the sum ofSAY GBP TWENTY ONE THOUSAND SEVEN HUNDRED AND EIGHT SEVEN ONLYDrawn To bank of Atlantic, London For China National Animal By Products Imp & Exp. Corp Beijing Branch ,BeijingXXX(2)EXCHANGE for USD 35,461.50 New York , 23 July 200X At 31 Oct,2000 fixed

11、 pay this first bill of exchange(Second of same tenor and and date unpaid) to the order of Brown and Thomas Inc.or order the sum ofSAY US DOLLARS THIRTY FIVE THOUSAND FOUR HUNDRED AND SIXTY ONE POINT FIVE ONLYDrawn against shipment of cotton from Australia St. Louis To Bank of Atlantic, For George A

12、nderson Inc. New York New York XXX四、Please answer, fill the blank in or made choice of the following question.EXCHANGE for GBP 5,000.00 London, 1 Apirl 200X At 60 days after sight pay this first bill of exchange (Second of same tenor and and date unpaid) to the order of Bank of Australia the sum ofF

13、IVE THOUSAND POUNDS ONLY To The Import Co., For The Export Co.,Melbourne London Signature (1) Prefer to the above bill, the holder i.e. Bank of Australia has the right transferring it to other person, or the right of presentment for acceptance and/or claim for payment to The Import Co. Melbourne. If

14、 the latter refuses to pay, the holder has the right of recourse against the Exporting Co. London(2) The payees London Office wishes to transfer the bill to Bank of New Zealand, Auckland, please make a restrictive endorsement.Pay to Bank of New Zealand, Auckland onlyFor Bank of Australia signature (

15、3) Please make a blank endorsement.For Bank of Australia signature (4) Having made an endorsement in blank, the holder send the bill to Bank of New Zealand, Auckland who wishes to convert this blank endorsement into a special endorsement to themselves. Please make this special endorsement.Pay to the

16、 order of Bank of New Zealand, Auckland onlyFor Bank of Australia, London Signature (5) If the condition is “on delivery of B/L No. 125”, please make a conditional endorsement.Pay to Bank of Australia or order on delivery of B/L No. 125For Bank of Australia, London Signature (6) If payees London off

17、ice wishes to send the bill to their Melbourne office forcollection, please make an endorsement for collection.Pay to the order of Bank of Australia Melbourne office only for collectionFor Bank of Australia, London Signature (7) Refer to the above bill, a banker designated as payer is Bank of Melbou

18、rne, Melbourne. Date of acceptance is 10 April, 200X. Please make acceptance of such bill indicating its maturity.Accepted10 April, 200X9 June, 200XPayable at Bank of Melbourne, MelbourneFor the Importing Co. Signature 五、Choose the best answer to each of the following questionsCCCBCBBA Exercise 2P1e

19、ase answer.fill the blank in or make choice of the following questions1、There are four parties in a remittance.i.e. (1) remitter (2) payee (3) remitting bank and (4) paying bank 2、Remittance through a bank from one country to another may usually be made by one of the following methods：(1) Telegraphi

20、c Transfer (2) Mail Transfer (3) Bankers Demand Draft 3、(1)Payment in advance which is adopted in international trade is usually effected by remittance.and is advantageous to (exporterimporter)(2)Payment after arrival of goods which is adopted in international trade is usually effected by remittance

21、 too .and is advantageous to (exporterimporter)(3)Payment after arrival of goods include two types of goods for sale.namely Goods Sold Consignment .4、Financial documents mean bills of exchange .promissory notes.cheques Commercial documents mean invoices .transport documents.documents of title or oth

22、er similar documents5、C1ean collection means collection of financial documents not accompanied by commercial documents 6、Documentary collection means collection of (1)Financial documents accompanied by commercial documents .or (2)commercial documents not accompanied by financial documents .7、How man

23、y parties are there in a collection ?(1) Principal (or seller)(2) Remitting Bank (3) Collecting bank (4) Drawee (or buyer) 8、Terms of delivery of documents are as follows： (1)Delivery of documents against payment .its abbreviation is D/P .(2)Delivery of documents against acceptance .its abbreviation

24、 is D/A .9、(1)The remitting bank has maintained an account with the collecting bank.how do you write collecting proceeds instructions in the collection instruction . When collected please credit our account with you under your cable/airmail advice to us (2)The Collecting bank has maintained an accou

25、nt with the remitting bank.how do you write co11ecting proceeds instructions in the collection instruction?Please collect the proceeds and authorize us by cable/airmail debit your accountwith us 10、Remitting bank：Bank of China.Tianjin Paying bank：Bank of China.Luxemburg Date of cable：9 June Test：256

26、3 Ref No208TT0219 Amount：USD l.660.00 Payee：Marie Clauda Dumont.Luxemburg Account No01647295550 with Banque International du Luxemburg Message：Payroll Remitter：Crystal Palace Hotel.Tianjin Cover：Debit our H.O. account FM： BANK OF CHINA ,TIANJIN TO： BANK OF CHINA ,LUXEMBURG DATE： 9 JUNE TEST 2563 OUR

27、REF 208TT0219 NOT ANY CHARGES FOR US PAY USD 1660.00 TO BANQUE INTERNATIONAL DU LUXEMBURG FOR CREDITING ACCOUT NO. 0-164/7295/550 OF MARIE CLAUDA DUMONT ,LUXEMBURG MESSAGE PAYROLL ORDER CRYSTAL PALACE HOTEL ,TIANJIN COVER DEBIT OUR H.O. ACCOUNT 11、MT100 CUSTOMER TRANSFERDATE：SENT TO：BKCHCNBJ200 BANK

28、 OF CHINA.TIANJIN：FM：04HSBCHK25264HONG KONG AND SHANGHAI BANKING CORPORATION.HONGKONG：20：TRN：TT-HKHBACP：32A：VALUE DATECUR CODEAMT DATE： CURRENCY CODE：CNY AMDUNT：6.859.58：50：ORDERING CUSTOMER： ARTHUR ANDERSEN AND CO. ：57s：“ACOOUNT WITH”BANK： BANK OF CHINA.TIANJIN BR. TIANJIN.CHINA：59：BENEFICIARY CUST

29、OMER TIANJIN INTERNATIONAL TAXATION CONSULT1NG BUREAU ：70：DETAILS OF PAYMENT： PAYMENT TO RENT AND TAX FOR NOV2003：71A：DETAILS OF CHARGES：BENEFICIARY：72：BANK TO BANK INFORMATION： IN COVER SETTLE THRU OUR CNY AC 11101081 WITH YOUR BEIJING HEAD OFFICE In accordance with above SWIFT Message Type l00 ple

30、ase write a cable text of remittance. DATE; 6TH DEC,2003 TO:BANK OF CHINA, TIANJIN BR TIANJIN CHINA FM: HONGKONG AND SHANGHAI BANKING CORPORATION,HONGKONG TION,HONGKONG OUR.REF: TT-HKHBACP VALUE DATE 6 DEC 1998 CNY 6859.58 ORDERING ARTHUR ANDERSEN AND CO.ACCOUNT WITH BANK BANK OF CHINA, TIANJIN BRAN

31、CH TIANJIN BENEFICIARY TIANJIN INTERNATIONAL TAXATION CONSULTING, BUREAU DETAILS OF PAYMENT PAYMENT OF RENT AND TAX FOR NOV.1998 DETAILS OF CHARGES BENEFICIARY IN COVER SETELE THRU OUR CNY A/C 111-01081 WITH YOU BEIJING HEAD OFFIC12、Draft NO Amount：HKD32.150.00 Place and date of draft：Tianjin.8 May.

32、200X Paying bank：Bank of China.HongKong Payee：the order of United Trading Company.HongKong Pay against this draft to the debit of our account Remitting bank：Bank of China.Tianjin Remitter：China-National Light Industrial Products Imp ExpCorp.Tianjin Branch.Tianjin P1ease draw a demand draft to make r

33、emittance by DD . 13、(1)China National Instruments Imp ExpCorp. Tianjin Branch.Tianjin (principa1) wishes to issue a draft dated 14 Ju1y.200X drawn on Continental Co. , 46 Rue de Ancient.Paris (drawee) at sight for USDl.200.00 payable to the order of Bank of China.Tianjin (remitting bank) which will

34、 make a special endorsement to Banque of Paris .Paris. marked “Drawn against shipment of 20 sets of transistors shipped per ssChenghau from Tianjin to Le Harve for collection.” P1ease draw a draft to meet the above requirements (2)The principa1 presents an application for collection accompanied by d

35、raft and documents to the remitting bank for collection An application for collection shows as follows：Commercial documents surrendered are below： BL in triplicate Invoice in triplicate Insurance policy in duplicate certificate of origin in duplicate packing list induplicateCo11ection instructions a

36、re given below： deliver documents against payment remit the proceeds by airmail airmail advice of payment collection charges outside China from drawee.waive if refused by him airmail advice of non-payment with reasons protest waived When collected.please credit proceeds to principals account with re

37、mitting bank Remitting bank complete a collection instruction in accordance with principals application to add other requirements as follows: RefNoOC Date：15 July.200X Please co11ect and remit proceeds to Bank of China.New York for credit of our account with them under their advice to us Please prod

38、uce a collection instruction attaching draft and documents to be forwarded to the co11ecting bank.Banque of Paris.Paris. (COLLECTION INSTRUCTION)Exercise 3Please answer.fill the blank in or make choice of the fo1lowing questions1、Here is the simple definition of letter of credit:In simple terms.a le

39、tter of credit is a conditional bank promise /undertakingof payment2、There exists a triangular contractual arrangement under a documentary credit operation： (1) Firstly.the sales contract between beneficiary and applicant (2) Secondly.the applicant between applicant and issuing bank. (3) Thirdly.the

40、 documentary credit between issuing bank and beneficiary3、A credit stipulated that quantity of goods.grade A 60%.quantity of goods.grade B 40%Beneficiary presented invoices being evidenced grade A 40%.grade B 60% which were in accordance with sales contract as he said that the credit has stipulated

41、erroneously (1) The above invoice is acceptable.(2) xThe above invoice is not acceptable4、How many parties are there in a documentary credit?(1) the issuing bank (2 ) the applicant if any(3) the beneficiary 5、The advising banks liability is to check the apparent authenticity of the credit6、All credi

42、t must stipulated an expiry date for presentation for payment .7、If the amount is preceded by “about”, “approximately”or “circa”, the credit will allow the 10% tolerance.8、In the absence of indicating the nature of a credit.it shall be deemed to be irrevocable9、Under an irrevocable credit.the issuing bank must undertake primary liability for payment . 10、What is the essence o