4. The order bill of lading - can be negotiated by endorsement

5. The through bill of lading – used the goods are to be transported by more than one carrier

6. The container bill of lading – used for the transportation of containerized goods

7. The groupage bill of lading – used for grouped consignments

Task2. What kinds of bill of lading are these?

1. Container to be sent from London to Paris via Dover and Calais

2. Goods received in apparent good order

3. Consignee P. Smith

4. Consignee P. Smith or order

5. Goods shipped and waiting to depart

6. Case № 3 missing

7. Bulk cargo to be sent from London to Copenhagen via Hamburg

8. Goods in Kiel awaiting shipment

9. Part-loads shipped by Fred’s Agency

Тема 5

Settlement and payment documents.

Платежно-расчетные документы.

 

There are two major types of payment accepted in business transactions. They are payment in cash and payment on credit. The most popular term of payment in cash is by letter of credit. (L/C). A letter of credit is a letter from one bank to another bank, by which a third party, usually customer is able to obtain money. There are some types of letters of credit: circular L/C, confirmed L/C, direct L/C, documentary L/C, irrevocable L/C, limited L/C, traveler’s L/C, unconfirmed L/C, etc.

The most popular terms of payment on credit are:

payment by bills of exchange (drafts) . The draft is then returned to the seller who holds it until maturity.

This method of payment involves risk to the exporter or his bank as it may happen that a draft is not honoured when it is due. The shipper has full protection when drafts are presented against L/C, when it is confirmed and irrevocable, the payment is guaranteed,

payment by promissory notes;

in advance, this method of payment can be combined with other forms of payment in large-scale contracts or in deals with unknown buyers;

on an open account, this method of payment is an usual practice between a seller and a regular customer, whom a seller absolutely trusts, the contracting parties agree on regular payments within a stipulated period of time.

 

TASK 2. Find in the text

- Безналичный расчет

- платеж в кредит

- осуществлять платеж

- плательщик

- вексель(тратта)

- платить аванс

- передача денежных средств со счета на счет

- оплата простыми векселями.