(A) Significance analysis
The method of settlement of foreign exchange refers to the method of collection and settlement of foreign exchange by the consignor or his agent of export goods. Namely remittance payment and settlement in international trade. The customs has established a code table for settlement methods, which lists the main commonly used settlement methods.
The meaning of settlement of foreign exchange is the same as that of payment in international trade. Candidates should combine the knowledge of international trade to learn this content. Through study, they can not only understand the meaning of customs declaration column, but also cope with the examination of international trade practice content.
(2) Reporting requirements
The column of foreign exchange settlement method should fill in the name or abbreviation or code of the corresponding foreign exchange settlement method according to the code table of foreign exchange settlement method stipulated by the customs.
According to the declaration requirements, we can know that the name, abbreviation and code of the settlement method can be filled in the column of settlement method separately. Therefore, we should remember the name, English abbreviation and corresponding code of the settlement method in the above table.
(3) Search and determination of information
(1) "Payment:", "Payment Terms:" and "Payer:" are followed by the name or abbreviation of the settlement method.
(2) Others are indicated in the remarks column, such as remarks: T/T/t (telegraphic transfer).
(3) letter of credit number (L/CNo. :) indicates that the settlement method is letter of credit.
(4) others are described in words, for example, "L/CNo. D/A stands for D/A..
In addition, please note that if the "L/CNo." in the invoice is the abbreviation of "T/T" or other settlement methods instead of the L/C No.,the column of settlement methods should be filled in as "T/T" or judged as other settlement methods according to the English abbreviation.
The focus of this column is to find and judge the way of foreign exchange settlement from the invoice or packing list, and because this is a column in the export declaration form, if you take this column, you should get the wrong question. However, all the wrong questions were filled in. The difficulty of the exam here is to judge and confirm the Chinese name of the settlement method according to the English description or abbreviation of the payment method in the document. Therefore, it is necessary to master the name of the settlement method and its corresponding abbreviation, code and English name in the settlement method code table.
(4) Examination center
(1) Check the candidates' mastery of English for settlement of foreign exchange, and the corresponding abbreviations, codes or Chinese names for settlement of foreign exchange.
For example, "L/CNo. D/A is stated in the invoice, and D/P is filled in the column of foreign exchange settlement method of the completed customs declaration. So we must first know that D/A is a D/A, and then we must know that D/A is short for D/A, so that we can judge that the given form is wrong.
Another example is that the export declaration form of the 2006 exam was wrong. Write "T/T" in the column of "payment method" in the invoice, and "L" in the column of settlement method in the completed customs declaration. This question requires candidates to know that "T/T" is the abbreviation of telegraphic transfer in foreign exchange settlement, and then know that the corresponding code of telegraphic transfer is "2". Only in this way can we judge that it is wrong to fill in "1".
(2) Examining candidates' familiarity with the forms of foreign exchange settlement in invoices or other documents. The form of foreign exchange settlement methods given in the examination is not standardized, but it can be determined as long as you are familiar with the English abbreviation or English description of the code table of foreign exchange settlement methods.
The "$ TERM: d/a 60 days form b/l date" on the invoice indicates that the transaction method is "d/a", so candidates should clearly understand that the Chinese name of the transaction method is "d/a" The completed customs declaration form is also filled in Chinese, so only by mastering the Chinese meaning of English abbreviations can we accurately judge whether it is filled in correctly.