BKMS_Guide_to_the_Letter_of_Credit

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1、GuidetotheLetterofCreditVersion1.0–August2011Contents1.BestPracticeintheLetterofCredits.............................................................................................................41.1.PaymentOptions......................................

2、..............................................................................................41.2.TheNegotiatingStage............................................................................................................................41.3.Essent

3、ialChecksWhentheLetterofCreditisReceived........................................................................41.4.CompilingDocumentsUnderaLetterofCredit.....................................................................................51.5.Individu

4、alDocuments.............................................................................................................................61.6.WhatToDoIfDocumentsAreRejected..................................................................................

5、...............92.ChartforIncoterms2010............................................................................................................................103.LetterofCreditFlowChart...............................................................

6、...........................................................134.Terminology.................................................................................................................................................145.ArticlesofUCP600..............

7、........................................................................................................................29Article1 ‐ ApplicationofUCP........................................................................................................

8、..............29Article2 ‐ Definitions...................................................................................................................................29Article3 ‐ Interpretations................................