Chapter 1 Introduction1
1.1 Definition and Contents of International Settlement1
1.2 Classification of International Settlement3
1.3 Emergence and Development of International Settlement5
1.4 Role of Banks in International Settlement8
1.5 Related International Customs and Practices12
1.6 The Banking Network in International Settlement15
Chapter 2 Negotiable Instrument22
2.1 General Introduction of Negotiable Instrument22
2.2 Bill of Exchange28
2.3 Promissory Note41
2.4 Cheque43
Chapter 3 Remittance50
3.1 Introduction of Remittance50
3.2 Basic Parties to Remittance51
3.3 Types of Remittance53
3.4 Reimbursement of Remittance57
3.5 Cancellation of Remittance60
3.6 Application of Remittance 60
Chapter 4 Collection66
4.1 An Overview of Collection66
4.2 Parties to Collection68
4.3 Types of Collection71
4.4 Responsibilities and Obligations under Collection77
4.5 Points for Attention under Collection82
4.6 International Customs and Practices for Collection?DURC522 87
4.7 Electronical Uniform Rules for Collection 91
Chapter 5 Letter of Credit97
5.1 Definition of Letter of Credit97
5.2 Features of Letter of Credit98
5.3 Role of Banks under Letter of Credit100
5.4 Parties to Letter of Credit101
5.5 Application and Issuing of Letter of Credit106
5.6 Procedures of Documentary Letter of Credit113
5.7 Main Contents of Letter of Credit115
5.8 Checking and Examining of Letter of Credit118
5.9 Handing of Discrepant Documents under Letter of Credit120
5.10 Types of Letter of Credit121
5.11 Uniform Customs and Practice for Documentary Credit133
5.12 Electronic Uniform Customs and Practice for Documentary Credit 138
Chapter 6 Standby Letter of Credit145
6.1 Overview and Definition of Standby Letter of Credit 145
6.2 Characteristics of Standby Letter of Credit147
6.3 Parties to Standby Letter of Credit148
6.4 Mai