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Chapter 9 Implementation of the Contract 9. Preparation of the Goods 9.1 Implementation of Export Contract Quality & Specification Quantity Time for Preparing.

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Presentation on theme: "Chapter 9 Implementation of the Contract 9. Preparation of the Goods 9.1 Implementation of Export Contract Quality & Specification Quantity Time for Preparing."— Presentation transcript:

1 Chapter 9 Implementation of the Contract 9

2 Preparation of the Goods 9.1 Implementation of Export Contract Quality & Specification Quantity Time for Preparing Commodity Page 199

3 Package 9.1 Implementation of Export Contract no label or brand light & small humidity & condensation theft & loading and unloading rudely bar code Preparation of the Goods Shipping mark

4 Examining L/C 9.1 Implementation of Export Contract Our bank examines Political background Credit standing of the opening bank liabilities and responsibilities of payment the genuineness of the signature in the L/C

5 Examining L/C 9.1 Implementation of Export Contract Exporter examines About L/C itself Terms of cargo Documents Indication about relative Time and Place Page 201

6 Making out Documents for Settlement 9.1 Implementation of Export Contract Three means to make settlement Make Settlement after the Payment is Made Make Time Settlement Make Settlement Through Negotiation

7 Relative Documents Application for inspection Booking order Shipping order Customs declaration Delivery order Shipping advice Export license Customs declaration order Mate s receipt Booking note

8 Commercial Invoice 9.3 Documents of Import and Export a detailed list which declares the details of the shipment the foundation for keeping accounts the foundation for making declaration to the customs

9 Commercial Invoice Key Points in filling out Commercial invoice 9.3 Documents of Import and Export Earlier than the date of B/L and insurance policy and not later than that of validity of L/C Date of issue

10 Commercial Invoice Key Points in filling out Commercial invoice 9.3 Documents of Import and Export Consignee or importer opener / issuer / applicant / accountee / for account of … / by order of …

11 Commercial Invoice Key Points in filling out Commercial invoice 9.3 Documents of Import and Export The bank is entitled to refuse a commercial invoice if its amount is larger than that of the L/C Invoice value

12 Packing List & Weight Memo 9.3 Documents of Import and Export / Indicating assortment for each lot Net weight & Gross weight

13 Certificate of Origin 9.3 Documents of Import and Export Certificate of origin GSP Certificate of Origin Form A

14 Insurance Policy 9.3 Documents of Import and Export Date of issue The bank is entitled to refuse a insurance policy if its issuing date is later than that of shipment or dispatch or custody

15 Insurance Policy 9.3 Documents of Import and Export Insured Beneficiary of the L/C

16 Ocean/ Marine Bill of Lading 9.3 Documents of Import and Export Kinds of B/L Clean On Board Without stipulation in the L/C, the transshipment B/L and the through B/L are acceptable.

17 Ocean/ Marine Bill of Lading 9.3 Documents of Import and Export Consignor Beneficiary of the L/C

18 Bill of Exchange B/E 9.3 Documents of Import and Export Payer To… L/C Opening bank Collection Importer

19 Bill of Exchange B/E 9.3 Documents of Import and Export Payer Remitting bank or Negotiating bank

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