- •Banking 1 documentary credit
- •1.1 The importer applies to the bank for opening the credit
- •1.2 The buyer places an order and informs the seller of the opening of the l/c
- •1.3 The seller receives the order and confirms it
- •1.4 The bank advises the seller that the credit is available (I.E. Confirms the credit)
- •1.5 The seller sends the documents to the bank
- •Documentary credit part II
- •2.1 The buyer replies to the seller’s request to prolong the time of delivery and discusses amendments to the l/c
- •2.2 The buyer advises the bank of the amendment agreed upon with the seller
- •3.1 The buyer informs the seller of discrepancies in the documents
- •3.2 The buyer advises the seller of payment and asks to comply with the requirements of the credit
- •4 The bank advises the buyer of payment
- •Part II
- •Vocabulary
- •Part II
- •Part II
- •Banking 2 documentary collection. Some aspects of commercial banking
- •1.1. The collection order of a bank
- •1.2 Documents are presented for collection
- •1.3 A collection order is not acknowledged
- •1.4 Returning the accepted drafts
- •1.5 Payment guarantee granted by the bank
- •2 Letter of guarantee
- •2.1 Correspondance on letter of guarantee
- •2.2 Payment guarantee granted by the bank
- •2.3 Performance guarantee granted by the bank
- •Part II
- •3 Some aspects of commercial banking
- •3.1 Opening a current account
- •3.2 Problems on standing order
- •3.3 Request for an overdraft
- •3.4 Advice of granting an overdraft
- •Vocabulary
- •Part II
- •Part II
- •Transportation
- •1.1 Request for a quotation for delivery by road
- •Quotation for delivery by road
- •1.3 Advice of delivery from consignor to consignee
- •1.4 Waybill
- •2.1 Delivery by rail
- •2.2 Consignor's reply
- •2.3 Railway bill
- •3.1 Delivery by air. Enquiry for freight rates
- •3.2 Quotation for delivery by air
- •3.3 Airway bill
- •1.4 Waybill
- •2.3 Railway bill
- •3.3 Airwaybill
- •Consignment; to consign
- •Vocabulary
- •Marine transportation
- •Request for freight rates and sailings
- •Shipping company’s reply
- •1.3 Shipping instructions sent to a shipping company
- •1.4 Instructions to a forwarding agent
- •1.5 Advice of despatch
- •1.6 Bill of lading
- •2.1 Telex enquiry for a time-charter
- •2.2 Enquiry for a time-charter
- •2.3 Offer of a vessel for carrying ore
- •2.4 Shipbroker’s reply confirming the fixture of a vessel
- •2.5 General charter
- •1.6 Bill of lading
- •2.5 General charter
- •Liner vs tramp
- •Cargo, freight, load
- •Shipping conference
- •Baltic Exchange
- •Loading dates
- •Vocabulary
- •Packing and marking
- •1.1 Enquiry to a container company
- •1.2 Container company’s reply
- •2.1 Customer’s instructions to packer
- •2.2 Packer’s information to customer
- •3 Information about marking
- •Barrel, cask, hogshead, keg
- •2. Paint vs dye
- •3. Stevedore, stevedores
- •Vocabulary
- •Contract of carriage
- •Carnet; tir Carnet; tir; cmr
- •Vocabulary
- •Insurance
- •Request for marine insurance quotation
- •1.2. Quotation for marine insurance
- •1.3. Claim
- •1.4. Reply to claim
- •2.1. Request for open cover
- •2.2. Quotation for open cover
- •2.3 Notification of shipment under open cover
- •Indemnification vs indemnity
- •Average
- •Average adjuster, average adjustment
- •4. Assessor
- •5. Underwriter
- •6. Interest
- •Vocabulary
3 Information about marking
Bridget Jones Forwarding Agents 606 Lakeside Boulevard, Durban S.A. |
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Our ref. Your ref.
Capstadt United 11 January, 20__ 254 Smuts Avenue Cape Town South Africa
Dear Sirs,
Your instructions as to marking have been accurately carried out and the goods packed with all care of our experienced dispatch staff.
The boxes have been marked as usual and numbered consecutively 001-010. The following marks are stencilled on each box in letters 10 cm high.
All marks other than the above and the name of country of origin will be removed from the boxes before shipment.
We look forward to receiving further orders from you.
Yours faithfully, M.Darcy M.Darcy Manager
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FOCUS 2. Comprehension questions.
LEAD-IN 1
Why is it necessary to have goods packed in a proper way?
What ensures the safe transport of goods?
What organizations are engaged in packing goods?
What is the general plan in all packing?
What do transport costs on land and on the sea depend on?
Name the most widely used packing containers. Which of them are used for liquids?
What is the difference between a case and a crate?
How can containers be carried?
What are the main advantages of containers?
In what case are groupage rates offered to consignees?
What documents are used when exporting goods in containers?
What does door-to-door responsibility mean?
LETTER 1.1
What consignment is to be exported by the steel company?
What place is the consignment destined for?
What is required from the container company?
When is the consignment to be delivered?
What information is the supplier interested in?
On what condition are regular shipments promised?
LETTER 1.2
What is enclosed with the letter?
What are the characteristics of the proposed container?
Why is a Combined Transport Bill suggested by the container company?
What information shall be provided to the supplier's bank in case of payment by a letter of credit?
What documents must be filled in by the supplier?
What sort of insurance policy is suggested by the container company?
What marking and packing are required from the supplier?
What vessel is available to reach Hamburg at the beginning of June?
When does the vessel close for cargo?
Is it necessary to reserve cargo space?
How are charges calculated?
On what condition are rebates offered by the container company?
LETTER 2.1
How did the supplier get to know about the packer?
What is the purpose for the supplier applying to the packer?
What goods are to be packed?
What types of packing containers are needed by the supplier?
LETTER 2.2
What packing container is offered for the equipment?
How will the crates be marked?
Are the crates returnable?
What packing containers are proposed for the liquid chemical substances?
What kind of packing containers can be provided for the solid chemical substances?
Which of them are not returnable?
What is attached to the letter?
LEAD-IN 2
What are the three principal types of marking for export packages?
Why is good clear marking essential?
What are the usual ways of making marks?
What is the reason for developing the practice of stencilling symbols representing warnings and directions?
LETTER 3.1
In what way are the boxes marked and numbered?
What marks will be removed from the boxes before shipment?
FOCUS 3. Study the notes, writing patterns and vocabulary.
NOTES