练习2
4. The issue of a draft
A draft for USD100, 000.00 is drawn by The American Exporter Co. Inc. Tampa, Florida, U.S.A on the French Issuing Bank, Paris, France
payable at 60 days sight to the order of ourselves, s dated 25 Feb., 200 × marked %under The French Issuing Bank, Paris, France L/C No. 12345 dated 25 Feb., 200 ×” Please fill the following blank form as per above instruction to issue a draft. Exchange for ， At pay to the order of The sum of “Drawn For To signature
5. Please fill up the following blank spaces to complete some of the actions of instruments（票据行为）i. e. acceptance, aval, endorsements.
(1) Acceptance: 20 June, 200 x, to mature (date), payable at Lloyds Bank Ltd., London, name of drawee and place, signature.
(2) Aval: For account of Laurance Importing Co., London, Lloyds Bank Ltd., London, and signature. (3) Blank Endorsement: For Name of 1st holder, place
signature
(4) Special Endorsement: Pay to the order of
Everbright Bank, Tianjin For Name of 1st holder, place
signature
(2)Per Aval (1) Accepted Exchange for GBP 12,500.00 Tianjin, 15 June 200× At 60 days sight pay to the order of Ourselves the sum of pounds twelve thousand five hundred only Drawn against shipment of photographic spools from Tianjin to London for Collection To: Laurance Importing Co., For Sunlight Exporting Co., London Tianjin signature (Reverse side)
(3) Blank Endorsement (4) Special Endorsement
7．A draft indicates that
\
(1) When ISBP was not put in force, the maturity of above draft falls on May, 200x. (2) When ISBP was put in force, the maturity of above draft falls on May, 200x.
(3) If a draft shows that \falls on April, 200 x
8. A draft is partly shown as follows:
Exchange for USD 1,000.00 New York, 24 May 200x
At 60 days after B/L, date 23/May/200 x pay to the order of ourselves the sum of US dollars one thousand only
a. Please change above tenor of draft into 60 days after 23/May/200 x and remain its maturity unchanged.
Exchange for USI) 1,000.00 New York, 24 May 200x
At pay to the order of ourselves the sum of US dollars one thousand only b. Please change above tenor of draft into 60 days after date and remain its maturity unchanged.
Exchange for USI)1,000.00 New York,
At pay to the order of ourselves the sum of US dollars one thousand only
c. Please change above tenor of draft into a fixed future date and remain its maturity unchanged. Exchange for U SI) 1,000.00 New York, 23 May, 200x
On pay to the order of ourselves of one thousand only
9. Refer to the above Question 8, suppose the accepted draft was discounted on 23 May, 200 x by the Collecting Bank, Bank of Asia, London at the rate of 9% per annum. A year contains 365 basic days. Please calculate discount amount and net proceeds. 计算方法一： Discount amount = Net Proceeds =
Net Proceeds= 12,500(1?
609?) 365100练习3
1.A promissory note for USD 15,000.00 is made by Philips Importing Co., Hong Kong promising at 30 days after date to pay to the order of Zhenhua Exporting Co., Beijing dated 20 Sep., 200 x . Please fill the following blank form as per above instructions to make a promissory note.
Promissory Note for ， At we promise to pay to
the sum of For
2.英国国库券的买卖采用贴现方式。英格兰银行出售国库券时按照票面金额扣去贴现息的净款作为售价，也是客户的购买价。若国库券票面金额为GBP5，000.000.00，贴现年度为6.5%，请计算客户的购买金额。 净款=本金-
本金?期限天数?利率
365?1003. The similarities between a note and a bill are as follows: (l) The of a note is same as that of a bill (2) The of a note shall be deemed to correspond with the acceptor of a bill
(3) The of a note shall be deemed to correspond with the drawer of an accepted bill payable to drawer's order.
4.The differences between a bill and a note are as follows: Bill (1) A bill is an unconditional order to pay. (2) A bill has three basic parties namely drawer, drawee and payee. (3) Where payable after date, a bill is generally accepted. (4) An acceptance can be conditional (5)Before acceptance the drawer is primarily liable for payment. But after acceptance, the acceptor becomes primarily liable for payment. (6) A bill can be accepted for honour. (7)A bill can be drawn in a set.
Note (1) A note is an (2) A note has two basic parties namely (3) A note is (4) A promise to pay can (5) A maker is always the party (6) A note accepted for honour. (7) A note be drawn in a set. 练习4
1. A cheque No. 102358 for GBP5, 000.00 is drawn by Samuel and Johnson Company on The National Westminster Bank Ltd., London payable to the order of British Trading Co. dated 31 Mar., 200 x .
Please fill the following blank form as per above instructions to issue a cheque. Cheque No. ， Pay to The sum of signature 2. The differences between a cheque and a bill are as follows: Bill (I) The drawee may be any per son. (2)There are four kinds of tenor for the bills. (3) After acceptance the acceptor is primarily liable for payment. (4) Before issuing a bill, the drawer may not open an account with drawee. (5) A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed. (6) Acceptance made by acceptor is irrevocable. (7) A bill can be drawn in a set Cheque (1) The drawee must be a . (2) The tenor is merely payable . (3) The is always primarily liable for payment. (4) Before issuing a cheque the drawer must be a customer who has opened an with the paying bank and money in the account. (5) A cheque can be . (6) Duty and authority of paying bank to pay a cheque may be terminated by . (7) A cheque cannot be drawn in a . 3. Requirement of a cheque to be crossed. Cheque No.×××× New York, 30 Nov.,200× Pay to the order of Hau Yuan Economic & Development Company the sum of US dollars one thousand and eighty only USD1,080.00 To Philadelphia International Bank, For and on behalf of 55 Broad Street, New York. Credit Agricole, New York. Signature 026005092 19105269 Space for endorsement The drawer, Credit Agricole, New York had drawn a cheque as above. Before first delivery of it, the drawer crossed cheque generally with the words \
The payee/holder, Hau Yuan Economic & Development Company, Shenzhen added “Account payee\general crossing before it sent the cheque to the Agricultural Bank of China, Shenzhen for collection.
The Agricultural Bank of China, Shenzhen crossed the cheque specially to Kincheng Bank Ltd., Hong Kong and sent to them for collection.
Kincheng Bank Ltd., Hong Kong again crossed the cheque specially to Bank of China, New York for collection and expedited same to them.
Please cross the cheque on its face in accordance with the following instructions:
(1) to complete a general crossing which contains the words “Not Negotiable” and“Account Payee”. (2) to complete a special crossing to Kincheng Bank Ltd., Hong Kong.
(3) to complete another special crossing to Bank of China, New York for collection. (4) to make a payee's endorsement in blank.