unit one overview of export documents.ppt

3. Tendency of Electronic 单证电子化 1)Use of office software (e.g.: word, excel, etc.) 2) Use of internet and EDI EDI: Electronic Data Interchange 电子数据交换(指交易双方根据同意的报文标准，将标准化的数据信息通过数据通信网络系统，在双方的计算机之间进行数据交换和自动处理。) Paperless trade(无纸贸易) 3) Use of SWIFT VI. Development of documents An abbreviation of “Society for Worldwide Interbank Financial telecommunication”. Founded in 1973 An international cooperation organization among international banks. 环球银行金融电信协会。该组织成立于1973年，是国际银行同业间的国际合作组织，专门从事传递各国之间的非公开性的国际金融电信业务，同时还承担国际间账务清算及银行间的资金调拨等业务。其中包括开立信用证、办理信用证项下的汇票业务等。SWIFT电文格式标准化，凡通过SWIFT开立或通知的信用证称为“SWIFT信用证”。 SWIFT Summary 1. Definition and types of documents 2.Basic requirements of documentation 3. The fulfillment of export contract * 3.1. Three conformities It means that the contents mentioned in documents should be exactly the same as that mentioned by L/C’s clauses, such as commodity name, quantity,quality, shipping marks, unit price, packing materials, payment terms, etc. 1.Conformity between documents and terms of L/C 1.Conformity between documents and terms of L/C Meanwhile, the contents stipulated by L/C should be described on the surface of all required documents. For example, The English name on L/C is Gunny Bags, the name on documents can not be mentioned as “Jute Bags”. 2. Conformity among documents Conformity among documents means that all documents should be kept conformity for the same business, such as commodity name, quality, quantity packing, shipping marks, etc. As per the article 13 of UCP500, the inconsistence between different documents means inconsistent with the stipulations of L/C. 3. Conformity between documents and cargoes It means that the actual delivery of goods should be same as mentioned in documents. If the actual cargoes do not conform to the description of documents, the seller makes breach of contract and should make compensation to the buyer. Therefore, for the seller, he not only safely get payment, but also follow the terms