【正文】
, bank of guarantee.Chapter One The types of the international trade settlementInternational settlement originated in the modity business between different countries. With international trade and other international exchanges’ expands and continuous development. International settlement experienced from cash settlement to the noncash settlement. From direct to indirect settlement, international settlement of payment also presents the diversification. At present, according to the international settlement way39。s any problem, to the remiting bank and the paying bank is not liable for any responsibiltiy. Cllection , the exporter shall issue a bill of exchange to the importer for payment after effected shipment, then The factors affecting international trade settlement way selection Client39。Since the client39。s responsibilities, cost and risks. Each kind of trade terms has its own characteristics .Different trade terms for buyers and sellers of the liability regulations and risksharing is different, so people should choose settlement according to the different trade terms. For symbolic delivery group ,for example CIF and CFR, can choose collection and L/C for payment. For FXW and actual delivery group D terminology, generally would not choose collection as payment. For FOB and FCA such terms, because the transport is arranged by the buyer, the exporter shall difficult to control the goods, also would not choose collection way. In addition, if the contract value is not sizable, one can consider to choose more faster, cheaper way such as T/T or clean collection . Financial CostDifferent settlement ways, cost of expenses are not the same, in business trade one must consider the cost and choose the most appropriate settlement. But sometimes one can not only consider the financial costs the risks, many other factors should be taken into consideration. If only consider the financial cost, the telegraphic transfer cost little money and the speed is fast ,and L/C cost a lot .Chapter Three the application of international trade settlement way Now, the international trade practice is very plicated, the simple one settlement way always cannot meet the requirements of the parties. Facing the constantly changing market, the prehensive settlement way is e inevitable. L/C with Remittance application bined For example, An American wants import a very good batch oranges from China. The two parties are not satisfied with the ways of settlement, after consultation, the parties agree that the deposit part is dealt with T/T, the main parts of payment should deal with L/C. As for the rest money, should be paid by T/T. because do business in this way can meet the requirements of both parties, they can solve the problem peaceful. open for negotiationInvite public negotiation terms refers to the issuing bank or the drawee bank guarantee or mitment, whoever drafts drawers, endorsers or legitimate holder, holding listed in the credit terms and issue bills, the drawee bank when honoured. This clause is paying bank to bearer issued mon, open and free for negotiation written invitation. All invoices open negotiation credit bank, generally speaking is good reputation, procedure is simple, bank charges lower bank. bona fide holders of draft(s) drawn under and in pliancewith the terms of the credit that such draft(s) shall be duly honoured on due presentation and delivery of documents as specified. 2. Provided such drafts are drawn and presented in accordance withthe terms of this credit, we hereby engage with the drawers, endorsers and bona fide holders that the said drafts shall be duly honoured on presentation. hereby agree with the drawers,endorsers and bonafide holdersof drafts drawn under and in pliance with the terms of this credit that the same shall be duly honoured on due presentat