【正文】
* days of the shipment/presenting the documents” classification of L/C (5)Usance L/C or Acceptance L/C Usance L/C:The issuing bank or a bank nominated by the issuing bank accepts the documents amp。 draft first, and pay the credit at maturity. (6)Negotiable/Transferable L/C The beneficiary asks the negotiating or correspondent bank to transfer the L/C to another or two beneficiary(ies) classification of L/C (7)Red clause of L/C(紅條款 ) amp。Anticipatory L/C(預支信用證 ) A red clause of L/C allows a beneficiary to draw a partial payment by a clean draft without mercial documents。 When the beneficiary is allowed to draw the whole sum of the clean draft ,the L/C is called anticipatory L/C. classification of L/C (8)Back to back/ Secondary/Subsidiary L/C(背對背信用證 ) Middle man Advising bank or other banks Another Beneficiary Importer send an(1) original L/C keep the original L/C, but send the secondary L/C IV. Factoring(出售應收賬款 ) Financial institution collects accounts receivable of the importer(buyer) for the exporter(seller) Factor V. Forfeiting(中長期貼現(xiàn)融資 ) (1)Definition Discounting of mediumlong term , promissory note, or draft of a foreign buyer before the maturity process Exporter Importer Factor(金融機構(gòu)) (3)Sign B/E, promissory note (2)Shipping documents Forfeiter