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The validity period of the negotiation has expired.
Latest shipment date: September 31, 2006;Negotiated due date: 15 October 2006"It cannot be understood literally that the negotiation period is October 15, but should be understood as effective within 15 days after shipment, that is, if you ship on September 20, then you must submit a document to negotiate on October 4 at the latest.
This is a problem that is generally easy to ignore, and you can raise it to show that you have studied the letter of credit more thoroughly.
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It should be understood that the negotiation is valid within 15 days after the shipment, which means that if you ship on September 20, then you must submit the document to negotiate on October 4 at the latest.
The validity period of the negotiation has expired.
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Section 1 The significance of international documentary work.
The importance of documentary work:
1. Tools for international settlement;
2. An important part of operation and management;
3. Foreign-related work with strong policy;
4. The embodiment of enterprise business and quality.
Section 2, the basic requirements of international documents.
Correct, complete, timely, concise, and clear. The cross is a fundamental requirement for practical work.
Description: Correct:
Three matches". That is, the documents, the single and the same (the exporter also has: the single goods are consistent).
L/C** downward, the document consistency is the premise and basis.
The single goods match. Complete: complete sets of documents, no shortage of copies, and complete contents.
Timely: timely preparation and delivery of documents.
The insurance policy must be issued no later than the date of issue of the bill of lading and no later than the date of shipment of the letter of credit or contract.
A notice of shipment shall be issued immediately after the shipment of the goods.
The bank rejects documents submitted more than 21 days after the date of issue of the shipping documents. In any case, not later than the maturity date of the letter of credit.
Concise: Refers to the content.
Clear: Refers to the surface.
Section 3 Classification of international documents.
1: Involved parties: import documents, export documents.
2: Nature of single dismantling and cancellation of certificates: Financial documents: (bills of exchange, cheques, cashier's checks and bridge slips that can be used to obtain money).
Commercial Documents: (All of the other things).
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1. The weight list and the net weight inspection certificate are literally different.
2. Since the weight sheet and the net weight inspection certificate are literally different, the issuing bank can refuse to pay the payment to the negotiating bank - because the letter of credit is a document transaction, that is, as long as the documents submitted by the beneficiary are not consistent with the documents specified in the letter of credit, the issuing bank can refuse to pay the payment.
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This book integrates professional knowledge and practical application, through learning, can extend the reader's international practical knowledge, help readers apply the relevant theory and practical operation skills to the international document work practice, and avoid possible mistakes and problems in the link. This book can be used as a teaching material for various colleges and universities or as a reference book for in-service personnel engaged in related professions, and can also be used as a practical training course for import and export simulation operations.
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My understanding is that exporters can ship up to 10,000 pairs of leather shoes.
The reason is that although the letter of credit uses the word "approximately" when specifying the quantity of shipment, it also stipulates the unit price and the total amount (the total amount is 60,000 US dollars), and the total amount is clear (that is, 60,000 US dollars), so the answer is 10,000 pairs, so that the total amount will not exceed the 60,000 US dollars stipulated in the letter of credit.
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1. According to the division of documents involved in both parties.
1.Import documents: import license, letter of credit, import declaration, contract contract, insurance policy, etc.
2.Export documents: export license, export declaration form, packaging document, export shipping document, commercial invoice, insurance policy, bill of exchange, inspection and quarantine certificate, certificate of origin, etc.
2. Classification according to the nature of the document.
1.Financial documents: money orders, cashier's checks, checks.
2.Commercial documents: invoices, transport documents, certificates of ownership, etc. are divided according to the purpose of the documents.
1.Funds documents: money orders, cashier's checks, cheques.
2.Commercial documents: commercial invoices, proforma invoices, packing lists, weight lists, etc. 3Shipping documents: (1) Shipping traces such as leather bills.
2) Non-negotiable ocean bill of lading.
3) Charterparty bill of lading.
4) Air waybills, road and railway, inland waterway transport documents, courier and postal receipts 5) Customs declarations.
6) Inspection form.
7) Consignment note.
4.Insurance documents: insurance policy, advance policy, certificate of insurance, policy 5
Official documents: customs invoice, consular invoice, certificate of origin, inspection and quarantine certificate6Ancillary Documents:
Proof of consignment, proof of sampling, notice of shipment, and proof of cabin are divided according to business links.
1.Consignment single posture badge.
2.Foreign exchange settlement documents.
3.Import documents.
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