1、国际结算（英）教学大纲国际结算（英）教学大纲一、课程基本信息课 程 编 号0603622其它中文名称课程英文名称International Payments and Settlements 课 程 类 别专业选修课（Elective course）适 用 专 业金融学、财务管理、会计学、国际经济与贸易、经济学先 修 课 程国际贸易实务，金融英语学分学时 2 学分， 共32学时，其中理论课30学时，实验2学时考核方式Close-book examination成绩评定方法Participation and attendance 10%，final exam 80%， Practice 10%大纲
2、撰写人及日期 课 程 简 介This course is one of the important courses of international banking practice. It will introduce the evolvement of the international payments and settlements, the principles of draft, documentary collections, letters of credit, forfeiting and factoring and their usage in international
3、payments and settlements as well as the international rules and regulations regarding international trade finance payments and especially introduce UCP 500 and the upcoming UCP600. 建 议 教 材Shen Jincang, International Payments and Settlements（first edition）上海外语教育出版社，1996参 考 书1 顾宏远跟单信用证与国际惯例UCP500详解杭州大
4、学出版社，19942 顾宏远国际贸易结算（第1版）浙江大学出版社，2006 3 苏宗祥国际结算（第1版）中国金融出版社，20044 James E. Byrne and Christopher S. ByrnesLC Survey 2002， LC Survey 2003, LC Survey 2006Institute of International Banking Law & Practice, Inc.5 Professor James E. Byrne, LC Rules $ Laws Critical Texts， 2003，Institute of International B
5、anking Law & Practices, Inc.二、The feature and students of the courseThe course is open for the students majoring in International Finance, Accounting and International Trade. It will provide the students with a comprehensive overview of bank practices in international payments and settlements and in
6、troduce various techniques in international trade finance.三. The aim and requirements of the courseAim of the course：The overall aim of this course is to develop the students understanding in international payments and settlements and to increase the students ability to conduct international banking
7、 practices. The students will develop a better understanding of the advantages as well as the risks involved in using these payments methods. By the end of the course, the students will be able to understand the documentation, international rules and regulations regarding international trade finance
8、; to understand the principles of letter of credit, documentary collections, drafts, etc.; to understand the different types of letters of credit and their usages in practice. This course will also keep the students well informed of the latest developments in international finance.Requirements：In th
9、e course， the students are required to be able to draw a draft, issue and examine documents under a letter of credit, and apply the terms of UCP 500 and the upcoming UCP600 to analyze cases. 四、Method of teachingThis course is mainly delivered by lectures and incorporates the use of exercises, cases
10、and discussions.五、Content of the course and time allocationChapter One IntroductionClass hour :1 Requirements：This chapter will make a general introduction of the course , the rough content of the international trade finance and its evolvement. The students are required to be familiar with the chara
11、cteristics of the course and the main terms of trade such as in intercom 2000.Priority: feature of the international payments and settlementsContent:1.What are international payments and settlements2.Evolution of international payments and settlements3.Basic points for attention in international pay
12、ments and settlements4.Characteristics of modern international payments and settlements Chapter Two Credit InstrumentsClass hour: 1Requirements：to understand the features, function and the parties of the negotiable instruments and to have a good grasp of the principle of the negotiable instruments.P
13、riority：negotiation of instrumentContent :1.Characteristics of a negotiable instrument2.Functions of a negotiable instrument3.Parties to a negotiable instrument Chapter Three Bill of Exchange-Definition, Acts Class hour: 2 Requirements：to learn the definition, principle and acts of the draft.Priorit
14、y：feature of a bill of exchangeContent:1.What is a bill of exchange: As defined in the Bills of Exchange Act 1882 of the United Kingdom, a bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addr
15、essed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person or to bearer.2.Acts of a bill of exchangeIssueEndorsementPresentmentAcceptancePaymentDishonourNotice of dishonourProtestRight of recourseAcceptance for honour supra protes
16、tPayment for honour supra protestGuaranteeChapter Four Bill of Exchange-Lost Bill, Discounting, Accepting and Forfaiting a Bill, ClassificationClass hour:1.5 Requirements：to grasp the discounting and acceptance of a draft and identify various types of draft.Priority：discounting and acceptance of a b
17、ill of exchangeContent:1.Lost bill of exchange2.Discounting, accepting and forfeiting a bill of exchange3.Classification of a bill of exchange Chapter Five Promissory Note Class hour: 0.5 hourRequirements：have a better understanding of the feature of a promissory note and distinguish the difference
18、of promissory note and draft.Priority: difference from bill of exchangeContent:1.What is a promissory note2.Characteristics of a promissory note3.Essentials to a promissory note4.Difference between a bill of exchange and a promissory noteChapter Six Cheque Class hour: 1 Requirements：to understand th
19、e feature of a cheque and distinguish it from a draft.Priority：feature of a chequeContent:1.What is a cheque2.Essentials to a cheque3.Features of a cheque4.Countermand of payment5.Wrongful dishonour of a cheque6.Crossed cheques7.Difference between a bill of exchange and a chequeChapter Seven Corresp
20、ondent Banking Relationships Class hour: 1 Requirements：to realize the importance and necessity of establishing correspondent relationship.Priority：control documentsContent:1.Correspondent bank, branch, representative office, agency, banking subsidiary and affiliate2.Why establish correspondent bank
21、ing relationship3.Which banks should become the correspondents4.How to establish correspondent banking relationship5.Control documents6.Expanding international banking business with the aid of foreign correspondentsChapter Eight Remittance Class hour: 1 Requirements：to understand the principle of re
22、mittance and the practices.Priority：advantage and disadvantage of remittanceContent :1.Parties related to a remittance2.Accounts between international banks3.Ways of transfer 4.Methods of reimbursement5.Cancellation of the remittance6.Advantages and disadvantages of different ways of transfer Chapte
23、r Nine Terms and Methods of Payment in International Trade-Payment in Advance, Open Account Business, Factoring, Collection Class hour:2 Requirements：have a better understanding of various methods of payment.Priority：factoring and collectionContent :1.Payment in advance2.Open account business3.Facto
24、ring4.CollectionWhat is a collection Parties to a collection Types of collections: Documents against payment (D/P)Documents against acceptance (D/A)Collection procedureRisks and advantages of collection methodLiability and responsibility of the banks doing collection businessChapter Ten Terms and Me
25、thods of Payment in International Trade -Letters of Credit(L/C) Class hour: 6 Requirements：to understand the principle of the letters of credit, to be acquainted with the rights and obligations of various parties of the L/C. to understand the features of different types of letters of credit and the
26、procedure of issuing and usage of a credit and the practice of amendment of a credit.Priority：Characteristics of a letter of creditContent:1.What is L/C2.Characteristics of a letter of credit3.Functions, advantages and disadvantages of a letter of credit4.Parties to a letter of credit5.Contents of a
27、 letter of credit6.Classification of letters of creditDocumentary credit:Irrevocable creditConfirmed creditUnconfirmed creditSight creditUsance or time creditPayment creditDeferred payment letter of creditAcceptance letter of creditNegotiation creditRevolving creditTransferable creditBack to back le
28、tter of credit7.Procedures of letter of credit operations8.Amendment under a letter of creditChapter Eleven Terms and Methods of Payment in International Trade-Letters of Guarantee Class hour: 1 Requirements：to understand the feature of a letter of guarantee, and its difference from a letter of cred
29、it. To be familiar with various types of letters of guarantee.Priority：nature of a letter of guaranteeContent:1.Nature of demand guarantee2.Parties to a letter of guarantee3.Contents and clauses under a guarantee4.Types of guarantees5.Points for attention in establishing a letter of guarantee6.Forms
30、 of a letter of guarantee7.Difference between a letter of guarantee and a letter of credit8.Cancellation of a guarantee9.Standby letter of creditChapter Twelve Documents-Draft, Invoice, Insurance Policy Class hour: 1 Requirements：to understand the feature of various documents, content and their func
31、tions and learn to make and examine various documents.Priority：to draw a draftContent:1.Draft2.Invoice3.Insurance policy or certificateChapter Thirteen Documents-Air Waybill, Road Waybill, Cargo Receipt, Parcel Post Receipt, Bill of Lading Class hour: 3 Requirements: to understand the three function
32、s of ocean B/L and distinguish it from other transport documents.Priority: Characteristics of the ocean B/L Content:1.Air waybill2.Road waybill, consignment note3.Cargo receipt, railway bill4.Courier receipt and post receipt5.Bill of ladingWhat is a bill of ladingThe functions of a bill of lading Pa
33、rties to a bill of ladingTypes of bill of lading(1)Shipped on board bill of lading(2)Received for shipment bill of lading(3)Direct bill of lading(4)Transshipment bill of lading(5)Straight bill of lading or named consignee bill of lading(6)Order bill of lading, or negotiable bill of lading(7)Clean bi
34、ll of lading and unclean bill of lading(8)Stale bill of ladingChapter Fourteen DocumentsCombined Transport Documents, Miscellaneous Documents Class hour: 2 Requirements：to understand multi-mode transportation documents and various export documents.Priority：combined transport documents and the differ
35、ence between CTD and ocean B/L Content:1.Combined transport documents2.Miscellaneous documentsConsular invoiceCertificate of origin and A GSP Certificate of origin Form ACustoms invoiceInspection certificatePacking listBeneficiarys statementChapter Fifteen Documents examination and Reimbursement Cla
36、ss hour: 2 Requirements：learn to examine documents against L/C and learn how to handle discrepant documents so as to better understand and apply UCP500 or upcoming UCP600.Priority：to grasp the skill of examining documentsContent:1.General principle2.Examining a draft3.Examining a commercial invoice4
37、.Examining a certificate of origin5.Examining Marine Insurance Documents6.Examining a bill of lading7.Examining other documents8.Most common discrepancies9.Banks common practice if the documents presented do not meet the credit requirement10.Payment refused by the issuing bank11.Payment and reimburs
38、ement under a letter of creditChapter Sixteen Supplementary material: Uniform Customs and Practice for Documentary Credits-1993 Revision (Publication No. 500)Class hour: 4 Requirements： In order to be familiar with the international regulations and uniform practices, we require the students to under
39、stand the mains articles of UCP 500 and learn application of the terms in banking practice.Content: all the articles of UCP 500 and introduction of upcoming UCP 600 六. Practice and case discussionRequirements: In order to let students have an real experience in banks documentary credit operation, well organize the students to issue a set of shipping documents according to an L/C and examine the documents. Finally the students will have a seminar dealing with cases of L/Cs subject to UCP 500.Class hour: 2 hours8 / 8
