International Payment - Introduction - Student
International Payment - Introduction - Student
International Payment - Introduction - Student
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Lecturer: Vũ Thị Đan Trà (PhD)
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CORE TEXTS
ASSESSMENT
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LECTURE SEQUENCE
UCP 600 2007: Uniform customs and Practice for Documentary Credits 1. Introduction to International Payment
(2007 Revision, ICC Publication No.600, in force as of July 1, 2007.
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Method of Payment
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National currency
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CURRENCY CONVERTIBILITY II. PLACE OF PAYMENT
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PERFORMANCE BOND
PERFORMANCE BOND
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Case 1:
PA = Q (HP- MP). Case 2:
Where: PA = TA [(1+R)N – 1] + Pe
Foreign Trade University, HCM campus
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PRE-SHIPMENT FINANCE PRE- SHIPMENT FINANCE
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PREPAYMENT
PRE- SHIPMENT FINANCE
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Performance Bonds: The buyer may call on the bond if the exporter
fails to perform their obligations under the export contract.
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documents?
Letter of Guarantee Authority to Purchase
Clean Collection
Stand-by LC
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METHODS OF PAYMENT: THE CASE OF THE US NEWLY BORN METHOD OF PAYMENT
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