Cash account
预付现金
Cash advance
凭提货单支付现金
Cash against Bill of Lading (B/L)
凭单据付现款||凭装货单付现款
Cash against Documents
现金资产
Cash assets
现金结存||现金差额
Cash balance
现收现付制||现金收付制
Cash basis
付现款后交货||交货前付现款
Cash before delivery
装运前付现款
Cash before shipment
现金交易
Cash dealing
现款押金||现金存款
Cash deposit
现金折扣||现金贴现
Cash discount
付现款||现金支付
Cash payment
现金结算
Cash settlement
货到付现款
Cash on delivery (C.O.D.)(Eng.)
货到收现款
Collect on delivery (C.O.D.)(Am.)
承兑后若干天付款
days after acceptance (D/A)
开票日后若干日
days after date (D/D)
见票后若干日
days after sight (D/S)
定期汇票
date draft
承兑交单
documents against acceptance (D/A)||documentary Bill for Acceptance (D/A)
付款交单
documents against payment (D/P)
折扣
discount (DC)
付现款时2%折扣
less 2% due net cash
现款5%折扣
5% for cash
一个月内付款2%折扣
-
2% one month
三个月内付款需现金
3 months net
立即付现款
prompt cash
付现款
net cash||ready cash||cash
汇票(美)
draft
汇票(英)
bill of exchange
见票即付||即期汇票
draft at sight||sight draft
托收汇票
draft for collection||bill for collection
来取即付汇票
draft on demand||bill on demand
见票后 .. 天付款
draft at .. days' date
跟单汇票
draft with documents atta ched||documentary draft
无追索权汇票
draft without recourse
银行汇票
b
bank draft
银行汇票||银行票据
banker's draft
商业汇票
merchant's draft
电汇
cable draft
折扣汇票
discount draft
被拒付汇票
dishonoured draft
国际商务师业务英语辅导：进出口结算方式英语
国际商务师资格考试
Methods and Tools of Payment in Exporting and Importing
The process of exporting is incomplete without receipt of payment. Export income is considered earned
only when payment has been received.
Letter of Credit （L/C）
The most popular and a safer method of payment is by a confirmed irrevocable letter of credit at sight.
Please see Documentary Credits （Letters of Credit） for detail explanations.
Documentary Collections
Please click here for the detail information about documentary collections.
Documents Against Payment （D/P）
Documents Against Acceptance （D/A）
Cheque and Bank Draft
In exporting to the offshore countries, payment by cheque and bank draft occur more often in a small order,
ranging from a few hundred to a couple of thousand U.S. dollars. Cheques and bank drafts are often used in open
account and consignment trade arrangements.
Both large and small companies may default in their payments, regardless of the amount involved. In times
of economic uncertainty, both large and small companies may go out of business. It is important to receive the
cheque or bank draft before releasing the shipment. Unless the integrity of the importer is known, it is very
important to wait until the cheque or bank draft has cleared before the shipment. International clearing of
cheques and bank drafts takes 3 to 4 weeks usually （except in a sight draft with a paying bank in the seller’s country）.
﹛﹛Not all cheques and bank drafts are genuine, and not all genuine cheques carry a cash value
﹛﹛ㄗplease refer to the Fly-By-Night Importers for related informationㄘ.
﹛﹛Trade Arrangements Using the Cheque and Bank Draft
﹛﹛Open Account
﹛﹛In an open account trade arrangement, the goods are shipped to a buyer without guarantee of payment.
﹛﹛Quite often, the buyer does not pay on the agreed time. Unless the buyer＊s integrity is unquestionable,
﹛﹛this trade arrangement is risky to the seller.
﹛﹛Consignment
﹛﹛In a consignment trade arrangement, the seller ships the goods to the buyer when there is no purchase made.
﹛﹛The buyer is obliged to pay the seller for the goods when sold. The seller retains title to the goods until the buyer has sold them.
﹛﹛Cash In Advance ㄗCIDㄘ
﹛﹛The cash in advance, which is the safest term of payment, most often is effected using the cheque
﹛﹛or bank draft. In some cases, the CID term is paid using the telegraphic transfer ㄗT/Tㄘ.
﹛﹛Telegraphic Transfer ㄗT/Tㄘ
﹛﹛The telegraphic transfer〞〞cable transfer or wire transfer〞〞is the equivalent of a cash payment that
﹛﹛can be credited directly to the seller＊s account ㄗthe name and address of the seller＊s bank and the seller＊s
﹛﹛bank account number are required by the buyer＊s bankㄘ. It is fast and safe. Unlike a payment by cheque
﹛﹛or bank draft, in which the mailing time alone may take several days to few weeks, plus the clearing time
﹛﹛of 3 to 4 weeks for a
total of about 4 to 6 weeks before the seller may receive the cash, by means of T/T the
﹛﹛seller may receive the cash in a few hours or days.
﹛﹛It is important to wait until the T/T has been received before making the shipment, especially when the
﹛﹛integrity of the buyer is unknown.
﹛﹛Combination of Letter of Credit and Telegraphic Transfer
﹛﹛A combination of letter of credit ㄗL/Cㄘ and telegraphic transfer ㄗT/Tㄘ is a popular means of payment
﹛﹛in the undervalue arrangement. The undervalue is an illegal way of reducing or avoiding the import duties
﹛﹛and taxes by underdeclaring the price of imported goods. It is a sneaky way of bringing the landed cost of imported goods to a competitive
﹛﹛level. The undervalue is being practiced in certain less developed countries, usually involving items whose
﹛﹛import duties are relatively high. There is no need to undervalue the goods if the import duty is 10% or less.
﹛﹛Sometimes, an item having a 15% rate of duty may not need to be undervalued too, depending on the method
﹛﹛of import duty and sales tax calculations in the importing country.
﹛﹛The undervalue arrangement is highly risky. To avoid trouble the exporter should refrain from using this
﹛﹛arrangement. Governments do not encourage exports by undervalue. If an exporter does not violate the
﹛﹛foreign exchange control and tax laws of the exporting country and international laws such as copyright.