Part 1 Introduction to International Settlement 3
Chapter 1 Brief Introduction to Background Knowledge of International Settlement 3
Chapter 2 Basic Negotiable Instruments and Terms of International Settlement 11
Chapter 3 Remittance 19
Chapter 4 Documentary Collection 25
Chapter 5 Documentary Credit 37
Chapter 6 Financing Methods Related to International Settlement 55
Part 2 Case Studies of International Settlement 65
Chapter 1 Cases of L/C Based on UCP600 65
Case No.1 The Case of the Unspecified Country of Origin 65
Case No.2 The Case of the Contingent Irrevocability of the Credit 69
Case No.3 The Case of the Standby Credit and the Alleged Fraudulent Statement of Default 72
Case No.4 The Case of the Automatic Extension of a Confirmation to a Credit 76
Case No.5 The Case of the Error in the Transmission of Messages 80
Case No.6 The Case of the Unauthorized Claiming Bank 85
Case No.7 The Case ofthe Inconsistent Dating of Documents 88
Case No.8 The Case ofthe Non-Documentary Condition 92
Case No.9 The Case of Place of Presentation of Documents and the Five-Day Time Limit 96
Case No.10 The Case of Failure to Notify Discrepancies in the Documents 101
Case No.11 The Case of the Rejected and Accepted Documents 105
Case No.12 The Case of the Unreachable Negotiating Bank 110
Case No.13 The Case of the Negotiation under Reserve 114
Chapter 2 Cases of Collection Based on URC522 119
Case No.1 The Case of Releasing Documents not against Payment in D/P 119
Case No.2 The Case of D/P Changed into D/A 121
Chapter 3 Cases of Remittance Brief 123
Case No.1 The Case of T/T in International Trade 123
Part 3 Exercises on International Settlement 129
Exercise 1:A Small Test on URC ICC Publication No.522(1995 Version) 129
Exercise 2:Exercises on Application for the New Standard Documentary Credit form(ICC Publication No.516) 130
Exercise 3:Exercises on Settlement 131
Exercise 4:Exercises on Types of Documentary Credits 133
Exercise 5:Exercises on Special Letters of Credit Based on the UCP600 135
Exercise 6:Exercises on Credit Issuance 137
Exercise 7:Exercises on Transport Documents 139
Exercise 8:Exercises on Some Miscellaneous Documents 141
Answers to the Exercises 144
References 146