【正文】
k to the exporter. process of L/C b. Flowing chart of collection flow chart of the Letter of credit: Beneficiary (Exporter)收款人 (4)transmit document Confirming bank Paying bank Negotiating bank Advertising bank Applicant(Importer) 付款人 Issuing bank (開證行) (13)redeem documents (3)Issue L/C (2)Apply to issue L/C (1) contract (10)Transmit documents amp。pay Transport Com. Insurance Com. Inspect Bureau (7)Dispatch notice (6)Loading amp。dispatch goods (8)Present documents Check documents amp。Clean credit(光票信用證 ) D/C:the credit that the issuing bank makes the payment by mercial documents amp。 C/C:by draft (2)Irrevocable L/C, Revocable L/C Irrevocable L/C:the issuing bank cannot withdraw or modify the L/C, The “irrevocable” character on the face of the L/C。 (4)Sight/Deferred payment credit(即期 /延期付款的信用證 ) Issuing bank or paying bank makes the payment by the transport documents without drafts, the words “Available by payment at sight”/ “to be paid after ** 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。Anticipatory L/C(預(yù)支信用證 ) A red clause of L/C allows a beneficiary to draw a partial payment by a clean draft without mercial document