We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byHeriberto Skinner
Modified over 2 years ago
Letter of Credit L/C 1.Customer and supplier agree on L/C as method of payment
Letter of Credit 2.Customer gives order to open L/C 2.Customer gives order to open L/C
Letter of Credit 3.Customer´s bank informs somebody about the opening of L/C 3.Customer´s bank informs somebody about the opening of L/C
Letter of Credit 4.Supplier´s bank confirms the credit to the supplier 4.Supplier´s bank confirms the credit to the supplier
Letter of Credit 5.Supplier dispatches the goods 5.Supplier dispatches the goods
Letter of Credit 6.Supplier receives the duplicated Bill of Lading 6.Supplier receives the duplicated Bill of Lading
Letter of Credit 7. Supplier produces Bill of Lading 7. Supplier produces Bill of Lading
Letter of Credit 8.Supplier receives cash or acceptance 8.Supplier receives cash or acceptance
Letter of Credit 9.Supplier´s bank sends shipping documents 9.Supplier´s bank sends shipping documents
Letter of Credit 10.Customer´s bank hands out the shipping documents 10.Customer´s bank hands out the shipping documents
Letter of Credit 11.Customer presents the documents 11.Customer presents the documents
Letter of Credit 12.Goods are released 12.Goods are released
Letter of Credit. An order is sent to the exporter. It is agreed that payment will be by letter of credit (L/C) Importer sends L/C application to his.
HOW TO WRITE A LETTER. PAYMENT Invoices are not only requests for payment, but also records of transactions which give both the buyer and seller information.
PURCHASE ORDER LETTER. CONTID After getting brochure or quotation from the supplier, you might decide to order the products. Therefore, your order letter.
Mitigating Risk Inherent in International Trade AMCHAM: Doing business with Colombia Wednesday 6 th April & Tuesday 12 th April, 2011.
1 RXQ Customer Drop Submitted by Supplier Process Flow Diagram Customer Supplier Distribution Company Supplier sends Drop Request to Distribution.
1 RXQ Ad Hoc Historical Usage Using a Registration Agent Process Flow Supplier Registration Agent Registration Agent sends Historical Usage Request.
How-To Set Your Own Price and Save BIG Money! How-To Set Your Own Price and Save BIG Money!
1 Graham Thorpe Trade Finance Manager (A UK incorporated and UK FSA regulated Bank) Nigerian Trade Finance -Impact of Changes.
HOW TO WRITE A LETTER COVER LETTER. A cover letter is a crucial part of the job application process It is used to demonstrate your understanding of the.
Chapter 12 The Revenue Cycle: Sales to Cash Collections Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 12-1.
RXQ Process Flow for Typical Customer Billing and Payment Receives bill Sends account specific payment details to Billing Party Sends authorization.
Presentation on Inland Letter of Credit By Rajendra Bavishi Finance Department GHCL Ahmedabad.
1 RXQ Customer Drop Submitted by Distribution Company Process Flow Diagram Customer Supplier Distribution Company 2 1 sends Drop Request to Supplier.
Chapter 8 BBI1O1. Opening Activity What do you OWN? What do you OWE? What I OWN – What I OWE = Personal Net Worth.
How to Give a Good Final Presentation c 2011 Prof. S. S. Levine.
1 Drop Submitted by Supplier Customer Supplier Distribution Company Supplier sends Drop Request to Distribution Company (??) Distribution Company receives.
Merchandise Vendor Payment Update. 1 Background This document outlines 1.The key vendor requirements to ensure timely payment 2.Details our Commercial.
Document #06-2H Enrollment Process (via Uniform Electronic Transaction) Customer Supplier Distribution Company Customer authorizes Enrollment
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business International Trade Finance.
The Risks and Terms of Trade involved with International Sale of Goods The Risks and Terms of Trade involved with International Sale of Goods.
Customer Responding Market Participant Receiving Market Participant Subject Matter Expert Market Participant Customer contacts Market Participant with.
PASTORS AND ADMINISTRATORS TRAINING Friday, 08 March 2013.
REQ Enrollment in Demand Response Programs Process Flow Engineering Firm Retail Customer Demand Response Service Provider (DRSP) Distribution Company.
Document #07-2I RXQ Customer Enrollment Using a Registration Agent (RA) Process Flow Diagram (Move-In) (mod 7/25 & clean-up 8/20) Customer Supplier.
Customer Distribution Company Receiving Market Participant Supplier Customer contacts Market Participant with a Customer Inquiry regarding billing ( )
PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western. All rights reserved. Chapter 10 The Order-to- Cash Process: Part I, Marketing and.
© 2016 SlidePlayer.com Inc. All rights reserved.