Do L C at sight, submit documents to the bank, what should be called documents? . .

We call it a full set of shipping documents or negotiation documents, which is written in English

If the letter of credit also requires a bill of exchange, it should also be provided.

Generally, the documents required to be submitted for L/C include invoices, packing lists, bills of lading, quality inspection documents, certificates of origin, bills of exchange, and insurance policies (if you pay for insurance).

All documents are collectively referred to as documentation, documents generally include the original copy of the packing list seal, the original copy of the invoice seal, the packing list stamped by the freight forwarder (this is the requirement of some large supermarkets such as Carrefour), the guest has a request for inspection and also needs to inspect the OK report, the guest's PO, and a single is provided by the bank to fill in, etc., the letter of credit has been exemplified.

Look at what documents are required of you on the letter of credit. Do it according to the requirements of the letter of credit. Generally, it is nothing more than invoices, packing lists, bills of lading, weight lists and other documents.

In addition to the bills of exchange, bills of lading, commercial invoices, packing lists, which are generally the four types of documents, other relevant documents should be provided according to the specific requirements of the letter of credit. The key point is that the content of the document should meet the requirements of the letter of credit and avoid discrepancies.

Comply with the documentation requirements under Letter of Credit 46A. FOB generally has an invoice, a packing list, a bill of lading, and a cif policy. Or depending on the port of destination, there will be, co, form a. Some also have beneficiary certificates, shipping notices, and so on.

What should it be called? --Heaven and earth, ask the seniors.

What documents should I submit? --This can check the letter of credit, and refer to the letter of credit to request the submission of documents.

Being a guarantor of a loan is risky. Whether it's sponsoring your immediate family or your best friend, there's a lot of risk.

1. If the borrower does not repay, the guarantor shall be liable for repayment. It is important to consider carefully before committing to act as a guarantor, because when you sign as a guarantee for money and debts, you are making a personal responsibility for the lender to pay off the debt.

2. Even if there is a change in the relationship between the guarantor and the debtor, for example, the husband guarantees his wife to make a house loan, and the two eventually divorce, the guarantee will not be affected by the dissolution of the marriage relationship, and it is still valid. In other words, once the guarantor signs as a guarantor, it is a permanent guarantor, unless the borrower is disqualified as a guarantor with the approval of the lending institution.

3. Under normal circumstances, the borrower repays the loan by himself, and the guarantor does not have to worry about it, but the loan amount and monthly repayment borrowed by the borrower will generally be shown in the guarantor's credit record. When the guarantor needs to apply for any loan, the debt he guarantees will be treated as his own debt, and usually the lending institution will calculate it in the debt, which may affect the amount of the guarantor's loan.

4. Once the borrower is in debt and unable to repay, or the borrower is dead and fleeing, you will be fully responsible for repayment.

Answer: If the physical objects such as machinery and equipment invested by the investor are received, the value shall be confirmed according to the appraisal;

The entries are as follows:

Borrow: Fixed assets.

Credit: paid-up capital.

The fixed assets that received donations are as follows:

Borrow: Fixed assets (based on the market** of the same type of asset or related credentials).

Credit: Capital Reserve (Net Fixed Assets).

Foreign investment with fixed assets:

First, clean up the fixed assets that are ready for foreign investment.

Borrow: Disposal of fixed assets.

Accumulated depreciation. Credit: Fixed Assets.

When clean-up costs are incurred:

Borrow: Disposal of fixed assets.

Credit: Bank Deposit Cash.

When investing in fixed assets:

Borrow: Long-term equity investment (at the appraisal price confirmed by both parties in the case of foreign investment).

Credit: Fixed belt fixed asset disposal (at the appraisal price confirmed by both parties in the case of foreign investment).

When there is a profit or loss:

When there is a surplus: borrow: disposal of fixed assets.

Credit: Non-operating income.

In the event of a loss:

Borrow: Non-operating expenses.

Credit: Disposal of fixed assets.

What are fixed assets?

Fixed assets refer to non-monetary assets held by enterprises for the production of products, provision of labor services, leasing or operation and management, which have been used for more than 12 months and have reached a certain standard in value, including houses, buildings, machines, machinery, means of transportation and other equipment, appliances and tools related to production and business activities. Fixed assets are the means of labor of an enterprise, and they are also the main assets on which an enterprise relies for production and operation. From the perspective of accounting, fixed assets are generally divided into production fixed assets, non-production fixed assets, leased fixed assets, unused fixed assets, unused fixed assets, financial lease fixed assets, and donated fixed assets.

When you encounter this problem, there is no need to worry. The current letter of credit looks like this:

Eventually, all documents will need to be mailed to the Issuing Bank. I judge from you that the notice bank is ICBC, then send it directly to ICBC, and they will help send it to issuingbank after the document is reviewed. The benefit is ease of communication.

The original letter of credit, the bill of exchange and the documents to be provided listed in the letter of credit must be provided in the document submission.

The original document mentioned here is the letter of credit notice.

This letter of credit is a letter of payment and can be sent directly to the issuing bank, the Algerian Credit Bank.

Of course, it is also possible to submit the documents at your local bank, but the local bank will only forward the documents for you.

First of all, you submit the documents to the local notifying bank, and the informing bank will courier your documents to the negotiating bank. You don't need to provide the original letter of credit, and you don't have the original letter of credit either. In accordance with the provisions of the article, it is enough to provide the relevant documents one by one.

Pay attention to the terms of the letter of credit, some details and the credit of the issuing bank, the issuing bank will also tell you.

Depending on your company's financial situation, if the funds are not tight, there is no need, if the funds are tight, then do it.

On the surface, if you bill forward, it will take 2-3 days to go through the formalities, and after 5 days you can collect the foreign exchange.

You only use the funds 2-3 days in advance.

But in fact, if you apply for a bill, the bank will generally give you a 30-90 day repayment period.

Therefore, the funds you can use are the bill amount (usually 80% of the export amount) and the foreign exchange receipt.

That is, you can use the export amount of the payment for 25-85 days!

Therefore, whether you need a bill or not depends on your company's capital needs.

In addition, if the RMB appreciation is expected to be large, the 5-day advance bill can also appropriately avoid the appreciation loss within 5 days.

If your bank stipulates the time limit for bills, and you will return the foreign exchange after receiving it, you do not need to handle the bills).

Yes, bills can reduce costs.

Step 1: first review the letter of credit yourself, you don't know anything about the letter of credit, you can only translate the letter of credit into Chinese first, review one by one, see what requirements you can not meet the letter of credit, you said that the whole company does not understand the letter of credit, then you can only take the place you don't understand to run to your bank to ask how to operate, suspect that it is a soft clause, remember to ask the bank how to avoid.

Step 2: Arrange production and loading according to the shipment date specified in the letter of credit.

Step 3: After loading, according to the usual customs declaration on the line, after the customs declaration and the shipping company to confirm the bill of lading, the letter of credit must have the requirements for the bill of lading, you must be in accordance with the requirements of the letter of credit out of the bill of lading, the requirements of the bill of lading you do not understand the best shipping company to see, the shipping company is the most good at this kind of thing, the fourth step: prepare all the documents required under the letter of credit to be sent to foreign customers to see, there is a problem you are modifying.

Step 5: Prepare all the documents with the letter of credit to your bank, your bank will review the documents for you, there are mistakes he will notify you, you can change it, you can change it, can not change it (want to bill of lading certificate of origin, etc., has been done is not able to change) will not change, step 6: your bank will send your documents to the foreign issuing bank, there are discrepancies The issuing bank will refuse to pay, your bank will also notify you that the issuing bank refuses to pay, at this time you need to notify your customer to let him accept your discrepancies.

Step 7: You just wait for the customer to pay.

When you review the letter of credit, you need to pay special attention to the validity period of the letter of credit and the latest shipping date, to see if your delivery date can catch up with the latest shipment date of the letter of credit, you do the first letter of credit is estimated to have discrepancies, even if there are discrepancies, it doesn't matter, let the customer accept your discrepancies, how many discrepancies are deducted about 65-80 US dollars, not a lot, there are more do not understand to ask netizens and banks, good luck!

1.L/C at sight: It refers to the L/C in which the issuing bank or the paying bank fulfills the payment obligation immediately after receiving the documentary draft or shipping document that meets the terms of the L/C. It is characterized by the safe and rapid collection of foreign exchange by the beneficiary, which is conducive to capital turnover.

2.L/C at sight can be divided into two types: L/C with T t Reimburse-ment clause.

1) L/C means that the issuing bank or its designated paying bank will pay immediately once it receives the bill of exchange and documents that meet the provisions of the L/C, and the issuer shall also pay the bill of redemption to the issuing bank immediately after the L/C;

2) Telegraphic Transfer Claim Clause L/C means that the issuing bank will hand over the right to make the final payment to the negotiating bank, as long as the negotiating bank is correct in reviewing the documents, and at the same time of payment to the beneficiary, it will claim compensation from the issuing bank or its designated paying bank by telegram or telex, and the issuing bank or its designated paying bank will immediately repay the negotiating bank by telegraphic transfer after receiving the notice. Using a letter of credit with telegraphic transfer claim terms, it is faster than a general letter of credit at sight, usually only takes 2 to 3 days, and sometimes the payment can be collected on the same day.

3.The payment time of L/C at sight is 5 working days after the bank receives the documents.

Letter of Credit Business Steps:

1.Apply to the issuing bank and the paying bank (Bank A) for levy;

2.Open a letter of credit to the advising bank and the negotiating bank (Bank B);

3.The notifying bank (Bank B) notifies the exporter of the request for delivery;

4.The exporter ships the goods to the importer;

5.The exporter forwards the bill of exchange to the notifying bank and the negotiating bank (Bank B);

6.The notifying bank negotiates the payment to the exporter (Bank B);

7.The notifying bank, the negotiating bank (Bank B), sends a bill to the issuing bank and the paying bank (Bank A) to ask for remittance (i.e., asks the issuing bank and the paying bank (Bank A) for money);

8.The issuing bank, the paying bank (Bank A), accepts the payment to the advising bank and the negotiating bank (Bank B) (i.e., pays the money to the advising bank, the negotiating bank (Bank B));

9.The importer pays the issuing bank (Bank A);

10.Issuing Bank The paying bank (Bank A) submits the manifest.

Temporary cramming...

Let's see if the letter of credit is acceptable. If it is unacceptable, it is necessary to negotiate with the customer.

The documents involved in the middle, the preparation requirements and dates, and the shipment are all in accordance with the letter of credit. Don't worry, just treat it as a letter of credit is a contract, and you will do what it says. Just get the bill of lading and go to the bank to negotiate the payment.