CONTENTS 1
Unit 1 What Is a Bank 1
Unit 2 Exchanging Money 8
Unit 3 International Trade 19
Unit 4 International Remittance 27
Unit 5 Collection 36
Unit 6 Letter of Credit 44
Unit 7 Documentary Letter of Credit 55
Unit 8 Correspondent Banks 70
Unit 9 Transportation 80
Unit 10 A Discussion about Bill of Lading 89
Unit 11 The People’s Insurance Company of China Ocean Marine Cargo Clauses 99
Unit 12 A Letter of Thanks for Reception 116
Unit 13 A Business Dispute 131
Unit 14 The Double-Entry Bookkeeping System 144
Unit 15 Processing and Assembling of Incoming Materials and Parts 155
Unit 16 What Is S.W.I.F.T.? 168
Vocabulary 179
Appendix 195