Accept inquiries from cargo owners

1. Shipping inquiry: ① It is necessary to know the shipping port to each continent, the common routes of each major route, and the cargo owner's common books

The ports and prices that need to be served ② The shipping schedule information of the major shipping companies ③ If necessary, please contact us Inquiring cargo owners ask for some category information, such as cargo name, risk level, etc. (Waterway Hazard Regulations) 2. Land transportation inquiry: (RMB fee) ① It is necessary to know the kilometers and towing prices in major cities; ② Packing prices in various port areas; ③ Customs declaration fees, commodity inspection, and animal and plant inspection fee standards. 3. If it cannot be provided in time, the customer must leave his phone number, last name and other contact information so that the owner of the goods can be replied to in the shortest possible time.

Accepting an order (accepting the consignor's entrustment)

After accepting the consignor's entrustment (usually a fax), key information that needs to be clarified: 1. Shipping date, number of pieces 2. Box type and box volume 3. Gross weight 4. Volume The maximum volume of each type is: (length*width*height) Installable volume and installed weight 1×20GP=31CBM 6*2.38*2.38 25 17MT　1×40GP=67CBM 12*2.38*2.38 55 25MT　1×40HC= 76CBM 12*2.7*2.38　1×45GP=86CBM　(Note: GP general purpose ordinary box; CBM cubic meter cubic meter; MT metric ton metric ton; HC high cubic high box) 5. Payment terms, cargo owner contact information 6. How to make boxes, door to door or in-house

Booking

1. Make a power of attorney (ten joint orders); when making the order, the accuracy and consistency of the data in the original order should be ensured to the greatest extent to reduce frequent changes in the subsequent process. 2. Booking with the company's booking stamp: If booking attachments (such as the shipping company's price confirmation) are required, they should be prepared together before booking. 3. Obtain the space allocation receipt and extract the ship name, voyage, and bill of lading number information. 4. Making boxes 1. Door to door: Fill in the packing plan: packing time, ship name, voyage, customs order number, transfer port, destination port, gross weight, number of pieces, volume, door point, contact person, phone number and other factors, before customs cut-off Arrange the bus schedule 1 to 2 days before the scheduled date (two days before the sailing date). 2. Contents: Fill in the packing plan: shipping date and voyage, customs order number, transit port, destination port, gross weight, number of pieces, volume, entry number and other factors, prior to the customs cut-off date (two days before the shipping date) 1 ~ Arrange the bus in 2 days. 3. Obtain the packing list (CLP) obtained by the two packing methods

Customs declaration (sometimes at the same time, sometimes before the packing)

1. Understand the information required for customs declaration of frequently exported goods. ① Commodity inspection is required ② Quota is required ③ License is required ④ Certificate of origin is required ⑤ Trademark authorization and trademark name are required ⑥ If the export value exceeds RMB 10,000 in Hong Kong and exceeds RMB 10,000 in other regions, a foreign exchange settlement receipt (copy) is required during write-off ⑦ Required Provide a price verification seal from the supplier conference 2. Complete the ship name, voyage number, bill of lading number, corresponding packing list, invoice, gross and net weights shown, number of pieces, packaging type, amount, volume, and review the correctness of the customs declaration (documents are consistent). 3. Display the "Chinese product name" of the goods included in the customs declaration, compare it with the customs code collection, check the commodity code, check whether the two are consistent, determine the unit of measurement according to the code, and click on the missing customs declaration requirements according to the supervision conditions listed by the customs. 4. Prepare the customs declaration power of attorney, customs declaration form, manual, invoice, packing list, verification form, allocation receipt (after the fifth page of the ten-part form), change order (if necessary) and other required information before the customs cut-off Cleared customs the day before. 5. Keep track of yard receipts to ensure stowage is on board. 6． For any customs withdrawal and relocation, if there is a next voyage, the shipment will still require documents such as licenses, quotas, commodity inspections, animal and plant inspections, etc. The notification of customs withdrawal and relocation should be one month before the shipping date of the configuration. Arrive on week so that (Reporting and Shipping Department) can smoothly retrieve the information and reuse it. Otherwise it will only delay the shipping date and cause trouble.

Confirmation and modification of bill of lading

1. Ask the customer about the issuance form of the "bill of lading": ① Telephone release: The customer is required to provide the original "letter of guarantee for telex release" (leave the bottom), and then issue the company's "letter of guarantee" to the shipping company for telex release. ②Advance loan (if feasible): The customer is required to provide the original "Advance Loan Guarantee" (leave the bottom), and then issue the company's "Letter of Guarantee" to the shipping company for advance loan.

③ Backdating (if feasible) The customer is required to provide the original "Letter of Guarantee for backdating" (leave the bottom), and then issue the company's "Letter of Guarantee" to the shipping company for backdating. *In this case, HOUSE B/L is most likely to be issued. ④Split orders: You should wait 3 to 4 days after the ship sails (the waiting manifest is delivered to the customs to ensure tax refund), and then split one customs order into multiple orders Close orders. ⑤ Consolidation of orders: You should wait 3 to 4 days after the ship sails (the waiting manifest is delivered to the customs to ensure tax refund), and then combine multiple customs orders into one. ⑥ Release of orders in other places: Must be approved by the shipping company and obtained The goods owner's letter of guarantee and the contact person, telephone number, fax, company name, address and other information for receiving orders from other places can only be used to release the order. 2. Based on the original information, fax it to the cargo owner for confirmation, and confirm the correct content of the bill of lading based on the reply.

Signing the order

1. Check whether each original bill of lading is fully signed and stamped. 2. Is a hand signature required? 8. Voyage fee settlement 1. Sea freight ① Prepaid (FREIGHT PREPAID) ② Pay on collection (FREIGHT COLLECT) 2. Land freight ① Booking space ② Customs declaration (including the cost of customs declaration before returning to customs) ③ Box making (internal loading/door to door) ④ Other fees that should be considered: port clearance fee/customs clearance fee commodity inspection, animal and plant inspection, delivery fee, Express fee, telex release, change 9, bill of lading, invoice issuance (bill of lading sample) 1. If the owner of the goods picks up the package himself, a signature is required 2. If delivered by EMS or express delivery, the "name and address list" should be marked with elements such as: "bill of lading number", "invoice number", "verification order number", "license number", "quota number", etc. Prepare for future verification. 10. The settlement of voyage expenses should be supervised within one month and the "Writing-off Tax Refund Form" should be returned to the cargo owner in a timely manner. 11. If there is a problem with the customs tax refund, it needs to be changed and the following information must be provided: l. The customs declaration data is correct, the cabin If the order is incorrect: ① A copy of the pre-recorded customs declaration form (returned by customs); ② A copy of the station receipt (the seventh page of the ten-part form is the yellow page); ③ Two copies of the original bill of lading; ④ Packing list ( Container Load Plan) copy ⑤ correction form (three copies, original). 2. Short-loading (over-declaration and under-delivery), over-packing (under-declaration and under delivery) ① If the correction cannot be made in time within 5 days (working days) of the ship: a fine of 3000-5000 shall be paid first; the invoice and packing list shall be re-provided by the cargo owner ( Packing list) The cargo owner re-provides a copy of the customs declaration form and the bill of lading (stamped with the "bill of lading copy confirmation stamp") ② A copy of the bill of lading that was changed within 5 days (working days) of the ship's departure (stamped with the "bill of lading copy confirmation stamp") Original, Correct customs declaration [1]

Preparation of export documents

A. Bill of exchange In international trade, documentary bills of exchange are mainly used as proof of payment required by the exporter. When making a money order, you should pay attention to the following issues. · Ticketing terms. For bills of exchange under the name of the letter of credit, the bill issuance terms should be filled in. Includes: name of the issuing bank, letter of credit number and date of issuance. ·Amount of money order. The amount of the bill under collection should be consistent with the invoice. If partial collection and partial letter of credit are used for settlement, the amounts of the two bills of exchange must be filled in according to regulations, and the sum of the two is equal to the invoice amount. Drafts under a letter of credit, if not specified in the letter of credit, shall be consistent with the invoice amount. If the letter of credit stipulates that the amount of the bill of exchange is a percentage of the invoice, fill it in according to the regulations. This approach is usually used to quote prices to intermediaries at commission-inclusive prices, invoices are produced at commission-inclusive prices, and the issuing bank deducts commissions when making payment. · Payer name. A bill of exchange on collection is payable to the buyer. Under the letter of credit, the payer is the issuing bank of the letter of credit or its designated payment bank. If the letter of credit does not specify anything, the issuing bank will be the payee. ·The name of the payee. The payee of the money order should be the bank. Under the letter of credit method, the payee is usually the negotiating bank; under the collection method, the payee can be the collecting bank, both of which are made on the instruction header. During collection, the exporter can also be written as the payee (the bill has been collected), and then the payee can endorse the entrusted collection to the collecting bank. B. Commercial Invoice A commercial invoice is a shipping price list issued by the exporter and is a general description of the shipped goods. The invoice fully reflects the contents of the contract. The main function of the invoice is to provide the importer with the voucher to receive the goods, pay for the goods, and the importer and exporter to keep accounts, declare customs and pay taxes. When a draft is not used (such as a letter of credit for payment, a document against payment at sight), the invoice replaces the draft as the basis for payment.

There is no uniform format for invoices, and their content should comply with the provisions of the contract. When settling by letter of credit, it should also strictly comply with the provisions of the letter of credit. The invoice is the center of the complete set of shipping documents, and other documents are prepared with reference to the content of the invoice. Therefore, the production must not only be correct, but also be arranged in a standardized, neat and beautiful manner. The production content and precautions are as follows: ·Exporter’s name. The exporter's name, address, telex, fax and telephone number must be printed at the top of the invoice, where the exporter's name and address should be consistent with the letter of credit. · Invoice name. Under the name of the exporter, the words "Cormercial Invoice or Invoice" should be indicated. ·The person to whom the invoice is headed. Usually foreign importers. In the case of letter of credit, unless otherwise specified, the applicant shall be the applicant for the issuance of the letter of credit. · Invoice number, contract number, letter of credit number and invoice date. The invoice numbers are compiled by the exporter in sequence. The contract number and letter of credit number should be consistent with those listed in the letter of credit. If the letter of credit does not require this, it should also be listed. The billing date should not be too far away from the waybill date, but must be within the presentation period and validity period of the L/C. ·Shipping place and destination. It should be consistent with what is listed in the letter of credit, and the destination should be clear and specific. If there are duplicate names, the country should be stated. · Transport mark (sigh). If the incoming certificate has a designated head, it will be made according to the incoming certificate. If there is no regulation, it shall be formulated by the shipper. If shipped in a container, the container number and seal number can be replaced. The shipping documents and insurance documents should be consistent with the invoice. ·Goods name, specifications, packaging, quantity and number of pieces. The description of the goods should comply with the contract requirements and must be completely consistent with the text used in the letter of credit. If stated weight is used, the total gross weight and net weight should be stated. ·Unit price and total value. The unit price and total value must be calculated accurately, and there must be no contradiction between the quantity and the price. The price conditions (trade terms) should be stated. The total value must not exceed the amount of the letter of credit. The bank can accept or reject the over-valued invoice. ·Additional proof. There are roughly the following types: (l) Add a list of costs: freight, insurance and FOB price; (2) Indicate specific numbers, such as import license number, Brussels tariff number; (3) Indicate the certificate of origin of raw materials Sentences. ·The name of the single. The invoice is issued by the exporter, who must be the beneficiary in the case of a letter of credit. "UCP 500" stipulates that commercial invoices can only indicate the name of a single person without signing. If a signature is required, it should be clearly stated in the invoice, such as Signed Commercial Invoice. C. Transport documents Transport documents vary according to different trade methods. There are ocean bills of lading, sea waybills, air waybills, railway waybills, cargo shipping receipts and multimodal transport documents, etc. The main mode of transportation for my country’s foreign trade is sea transportation. Here we focus on the preparation and precautions for the ocean bill of lading. ·Shipper. Generally, it is the exporter, that is, the beneficiary of the letter of credit. If the applicant for the issuance of the letter of credit stipulates in the letter of credit that a third-party bill of lading should be prepared for trade needs, such as asking a freight forwarder to be the shipper. · Consignee. This column is also called the header of the bill of lading. It should be produced strictly in accordance with the provisions of the letter of credit. Such as settlement by collection. It is usually made into an indicating type of head. That is, write "To order" or "To the order of x x X". It cannot be made into a named bill of lading in the name of the buyer or a bill of lading in the name of the buyer to avoid premature transfer of property rights. ·Notifier (NotifyParty). This is the person to whom the ship sends arrival notice when the goods arrive at the port of destination, usually the importer or its agent. But in any case, it should be filled in according to the provisions of the letter of credit. If there is no stipulation in the letter of credit, it is better not to fill in the original bill of lading, but the name and address of the importer should still be filled in the copy of the bill of lading to facilitate notification by the carrier. · Bill of lading number (B/L No.). The bill of lading must be marked with a number for verification, and the number must be consistent with the number on the loading note (also known as the mate's receipt) or (container) terminal receipt. A bill of lading without a number is invalid. ·Name of Vessel and Voyage (Name of Vessel; Voy No). Fill in the ship and voyage number. If you change ship midway, only fill in the ship name and voyage of the first leg. ·Port of Loading and Port of Discharge. The specific port name should be filled in. If the unloading port has the same name in different countries, the country name should be added. If the port of discharge is selected, all should be listed.

If London/Rotterdam/Hamburg is selected for unloading, fill in "option London/Rotterdam/Hamburg" in the unloading port column. The consignee must notify the ship of the unloading port within the time specified by the shipping company before the ship arrives at the first unloading port. Otherwise, the ship can unload the cargo at any one of the ports. There should be no more than three ports selected, and they should be on the same route. The freight will be charged based on the highest one. If the ship is transshipped halfway, the name of the transshipment port should be filled in at the unloading port, and the "Final Destination" should be filled in at the destination port. ) column. You can also fill in the destination port in the unloading port, and also indicate "transshipment at XX port" (W/Tat XX). · Mark. Consistent with what is listed on the invoice. · Number and Kind of Packages (Number and Kind of Packages) and description of the goods (Description of Goods). List according to the actual situation. Several different packages in a bill of lading should be listed separately. Pallets and containers can also be listed as packages, and "In bulk" should be indicated for bulk goods. ". The name of the goods is allowed to use the collective name of the goods. However, it must not conflict with the description of the goods in the letter of credit. The chemical name of the dangerous goods should be written clearly, and the International Maritime Transport of Dangerous Goods Code number (IMCO CODE PAGE) and United Nations Dangerous Goods Code number (UN CODE NO), dangerous goods level (CLASS NO). The required temperature of the refrigerated goods shall be indicated. Gross Weight & Measurement Unless otherwise specified in the letter of credit, the weight shall be in kilograms or metric tons, and the volume shall be in cubic meters. It is the unit of calculation. ·Freight&Charges. This column only fills in the freight payment status. For CFR and CIF conditions, Freight PrePaid should be filled in. For FOB conditions, Freight Collect is generally filled in unless The buyer entrusts the shipper to pay the freight. For voyage charters, it is usually stated "AS ARRANGED" (as agreed). If otherwise specified in the letter of credit, please fill in the number of original Bs/L. ). Issued according to the provisions of the letter of credit, and filled in with uppercase and lowercase numbers, such as "(2) TW". The letter of credit only stipulates "Full set". It is customary to make two originals, but one original is also acceptable. It is a complete set. ·Date of bill of lading and place of issuance. Except for the ready-to-ship bill of lading, the date of bill of lading is the date of shipment, which cannot be later than the shipping date specified in the letter of credit. If the shipping date is later than specified, During the shipment period, the ship is required to agree to exchange a letter of guarantee for an earlier bill of lading, which is an "anti dated B/L"; if the goods are not loaded on the ship, the ship is required to issue a loaded bill of lading, which is an "anti dated B/L". "Advanced B/L" is a bad practice in the international shipping industry. Once exposed, it may cause the other party to claim compensation or even refuse delivery, resulting in huge losses. · Sign. According to "UCP 500" regulations, the surface of the ocean bill of lading should be marked The name of the carrier and signed by the carrier or its agent, the captain or his agent. If signed by an agent, the name and identity of the agent must also be stated. Others. The content required to be added to the bill of lading. For example, the letter of credit stipulates that "the letter of credit number should be displayed on each document", "the bill of lading must provide a certificate from the Council for the Promotion of International Trade", etc. D. Insurance policy (Insurance). Policy/Certification) is the certificate of the insurance contract entered into between the insurer and the insured. It is the basis for the insured to claim and the insurer to settle claims. In a CIF or CIP contract, when the exporter collects payment from the bank or importer, it is essential for the exporter to submit insurance documents that comply with the provisions of the sales contract and/or letter of credit. obligations. The main contents of the insurance policy are as follows: ·Insurer and insurance company. · Insurance policy number. ·The insured, that is, the policy holder. Under CIF or CIP conditions, the exporter applies for insurance for exported goods. Unless there are special provisions in the letter of credit, the beneficiary of the letter of credit is the insured. And add a blank endorsement to transfer the insurance interest. ·Mark. It means that the transportation mark should be consistent with the mark on the bill of lading, invoice and other documents.

Usually it is marked "as per Invoice No.X XX" in the marked column. ·Packaging and quantity. It should be consistent with the content of the invoice. · Name of insured goods. It can be filled in by referring to the product name described in the commercial invoice. You can also fill in the collective name of the goods. Letters of credit sometimes require all documents to display the letter of credit number, which can be indicated in the blank space of this column. ·Insurance amount. The insurance shall be based on the amount specified in the L/C. If not specified in the L/C, the insurance shall be insured on the basis of 110% of the CIF or CIP price. ·Premium and financing rate. Premiums and rates generally do not need to be stated on the insurance policy. Only fill in this column with "AS ARRANGED". However, if the premium and rate are required to be stated on the certificate, the specific figures and rate should be marked. ·Loading transport vehicles. For seaborne goods, the ship name and voyage number should be filled in. If it is necessary to transfer a ship midway, if the name of the second-way ship has been determined when applying for insurance, fill in the name of the second-way ship as well. If the name of the second leg ship cannot be predicted, add "and/or steamers" after the first leg ship name. ·Sail date, departure place and destination. The sailing date is "as per B/L" (see the bill of lading), and the location is filled in with reference to the bill of lading. ·Insurance type. This column is the core content of the insurance policy. It mainly stipulates the scope of liability of the insurance company for this batch of goods. , is also the basis for the insured to determine whether the insurance company is responsible after the goods are damaged. This column should be prepared according to the insurance information and strictly comply with the requirements of the letter of credit. · The compensation location and compensation agent are generally. The insurance company's agent at the destination or nearby area. The date and place of the insurance policy. The date of the insurance policy is not later than the date of the bill of lading or other shipping documents to indicate that the goods have been insured before shipment. Signature and seal. E. Certificate of Origin Certificate of Origin is used to prove the origin or place of manufacture of the goods and is the basis for the customs of the importing country to calculate tax rates. The following types of certificates of origin are used for my country’s export commodities. : · Ordinary certificate of origin. It is used to prove the country of production of the goods and is used by the customs of the importing country to determine the tax rate to be levied. In my country, the ordinary certificate of origin can be issued by the exporter itself, or by the Import and Export Commodity Inspection Bureau, or by China. Issued by the Council for the Promotion of International Trade. In actual business, the corresponding certificate of origin should be submitted according to the provisions of the sales contract or letter of credit. When issuing the certificate of origin, the "Rules of Origin of the People's Republic of China" and other regulations should be followed. Apply for GSP Certificate of Origin. Currently, Australia, New Zealand, Japan, Canada, Norway, Switzerland, Russia and 15 EU countries, as well as some Eastern European countries, provide GSP treatment. Beneficial goods exported from favored countries must provide a GSP certificate of origin in order to receive tariff reductions and exemptions. Therefore, regardless of whether the certificate requires such a certificate of origin, our exporters should take the initiative to submit a GSP certificate of origin. The name of the written format is Form A. However, for New Zealand, Form 59A (Form 59A) is also required. For Australia, no format is required. In my country, the GSP certificate of origin only needs to be added to the commercial invoice. Issued by the Import and Export Commodity Inspection Bureau. ·Certificate of origin Textile product. This certificate is required for exporting textiles to EU countries. In our country, this certificate is required by the local customs. The GSP certificate of origin is issued by the Foreign Economic and Trade Commission (Department) to obtain tariff preferences, while the textile certificate of origin is a certificate of quota. When exporting related products to the EU, two certificates of origin must be submitted at the same time for export to the United States. . For all quota products exported to the United States, such as textiles, the exporter must fill in a declaration of origin.

There are three formats (l) Format A: Single Country Declaration, which declares that the origin of the product is only one country (2) Format B: Multiple Country Declaration, which declares that the raw materials of the product are composed of two Or produced in two or more countries; (3) Format C: Declaration of non-multiple fiber textiles, also known as Negative Declaration, where the main value or main weight of the textile is made of hemp or silk or contains wool does not exceed 17%, you can fill in this format to indicate that this type of product is a non-quota product. F. Inspection Certificate There are many types of inspection certificates (Inspection Certification) in international trade, which are used to prove the quality, quantity, weight and sanitary conditions of the goods. Inspection certificates are generally issued by inspection agencies designated by the state. They can also be issued by export enterprises or production enterprises themselves according to different circumstances. It should be noted that the name of the goods and inspection items inspected by the issuing agency must comply with the provisions of the letter of credit. Attention must also be paid to the validity period of the inspection certificate. It takes 60 days for general goods and 2-3 weeks for fresh fruits and vegetables. Export goods must be shipped within the validity period. If the period is exceeded, they should be re-submitted for inspection. G. Packing Document Packing Document refers to all documents that record or describe the packaging type and specifications of the goods. It is a supplementary explanation to the commercial invoice. There are mainly Packing List, Weight List and Measurement List. H. Other documents Other documents are stipulated in the contract or letter of credit according to different transaction situations. Common ones include: Beneficiary"s Certificate for Despatch of Documents, Beneficiary"s Certificate for DesPatch of Shipment Sample), Post Receipt, Courier Receipt, Shipping Advice and proof of shipping and charges.

Settlement of foreign exchange by presentation of documents

A. Delivery of documents means that the exporter (the beneficiary of the letter of credit) submits a full set of documents specified in the letter of credit to the bank within the specified time, and these documents are processed by the bank After review, the bank will handle the foreign exchange settlement according to the different payment methods according to the terms of the letter of credit. Three points should be paid attention to when presenting documents: first, the type and number of copies of the documents must be consistent with the provisions of the letter of credit; second, the content of the documents must be correct, including the words used in the letter of credit; third, the time for presentation must be within the time specified in the letter of credit. Within the delivery period and validity period. There are two ways to present documents: one is double presentation or pre-examination presentation. Before the issuance of transport documents, other prepared documents are submitted to the bank for pre-examination. Problems are found to be corrected in a timely manner. The transportation documents are received after the goods are shipped. The documents can be negotiated and sent out on the same day. The other is a one-time delivery, which means that after a full set of documents are collected, they are sent to the bank at once, and the goods have been shipped. If the bank finds discrepancies after reviewing the document, it needs to be refunded and modified, which takes time and can easily lead to overdue payment and affect the security of foreign exchange collection. Therefore, export enterprises should cooperate closely with banks and adopt the method of double presentation to speed up the collection of foreign exchange. B. Foreign exchange settlement: After the export documents under the letter of credit are verified by the bank and are correct, the bank will accept the foreign exchange payment conditions stipulated in the letter of credit and settle the foreign exchange to the export enterprise. In my country's export business, most negotiation letters of credit are used, and a small amount of payment letters of credit and acceptance letters of credit are used. The main methods of foreign exchange settlement are as follows: · Negotiation of letters of credit. Negotiation is also called export bill payment. Negotiable bill collection documents serve as pledge. Based on the face value of the bill of exchange or invoice, deducting the interest from the date of negotiation to the estimated date of receipt of the bill from the issuing bank or reimbursing bank, the payment will be advanced to the exporter (the beneficiary of the letter of credit). Negotiation is recourse. If the issuing bank refuses to pay, the negotiating bank can recover the advance payment from the exporter. It is stipulated in the negotiation letter of credit that the issuing bank shall bear the responsibility for acceptance and payment when due to the negotiating bank. "UCP 500" stipulates that if the bank only reviews the documents without paying the price, it does not constitute negotiation.

In addition to the above-mentioned export bill, our country's banks also adopt two other methods of export settlement for negotiating letters of credit: one is settlement upon receipt, that is, after receiving the documents, no bill is required and the documents are sent to the issuing bank. The issuing bank will transfer the payment to the negotiating bank before settling the foreign exchange with the exporter; the other is regular foreign exchange settlement, that is, after receiving the documents, the foreign exchange will be settled with the exporter within a certain period of time. This period is the estimated time for claiming foreign exchange. Therefore, the above two methods, for the negotiating bank, both collect first and pay later. However, according to the "UCP 500" regulations, the bank cannot obtain the qualification of negotiating bank and can only be regarded as a collecting bank. ·Payment by letter of credit. A payment letter of credit usually does not require a draft. In a sight payment letter of credit used in business, the foreign issuing bank designates a branch or agency in the export country as the paying bank, and the beneficiary pays the document directly to the paying bank. The paying bank will not deduct remittance interest when making payment. Payment is non-recourse. Obviously among the letter of credit methods, this is the most beneficial to the exporter. ·Acceptance of letter of credit. The beneficiary of the acceptance letter of credit draws a usance draft and presents it to the issuing bank or a bank designated by the issuing bank through the domestic collecting bank, and the document is delivered after acceptance. Bills of exchange that have been accepted by banks can be collected upon maturity or discounted. If the domestic collecting bank is willing to make an export advance (negotiation), the exporter can also receive the payment immediately. However, at this time, the bank will only request payment from the issuing bank as the legal holder of the bill and does not have the ability to issue a certificate. The identity of the negotiating bank invited by the bank. 3. Measures that the exporter can take when documents are inconsistent. In export business, if documents are inconsistent due to various reasons, that is, there are discrepancies in the documents, and the beneficiary cannot correct them within the specified period due to time constraints, the following treatments will be taken: Method: · Negotiable payment with guarantee. The beneficiary issues a letter of guarantee acknowledging the defects in the document, stating that if the issuing bank refuses to pay, the beneficiary will repay the advance payment and fees from the negotiating bank, and at the same time call the issuer to authorize the issuing bank to make payment. · Table mention. The negotiating bank lists the discrepancies on the sending letter and seeks the opinion of the issuing bank, which will then contact the applicant to determine whether to agree to payment. The negotiating bank will negotiate immediately after receiving a positive reply. If the applicant refuses to accept the bill, the issuing bank will refund the bill, and the negotiating bank will still refund the bill to the beneficiary. ·Electric pickup. The negotiating bank will not send documents to the issuing bank for the time being. Instead, the issuing bank is notified of discrepancies in the documents by telex and paper. If the issuing bank agrees to pay, it will negotiate and send the documents. If it disagrees, the beneficiary can take back the documents as soon as possible and try to make corrections. · Certified collection. If there are serious discrepancies in the documents, or the validity period of the letter of credit has expired, and the letter of credit in hand cannot be used, the bank can only entrust the bank to indicate "the documents under the letter of credit are for collection" in the letter sent to the issuing bank. The difference is called "certified collection". General collection is called "unlicensed collection". Since the applicant has already refused to accept the documents due to discrepancies, collection with documents is often refused, which is really a last resort.