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.

nAnuUged n
liunaubnal
L m e n , s e d

adi

nuuma uidolna undA FEtA, J i e


usonaioiuy Ce t e Ao bavq Jbar

OLs enchana value d pa

totun A YaNn. peuod mnts.Prom


Aalt upment
To enuL u apiuk, 'JRBL ha ntioueed
Coe Cetaun ms called as erchang Contaol

do Cuments

EDF Enphl doclorauon m


Enpeds. tn
uttionnv m
STEX 3 u w a c

a d aniauens, upar
otunalusnal

t e enpet pa
ouu pa a00ds
u
document o
Cmp all
upen -fhaole Centuol
mpeTn dpendung
Centao seguletean
aqudations and enchamg
counbue
Uvaiug
n bot
htounauenal acde
Mtod_o paymant n

Advam patmnt peter


riek

Soltuoana peshale epeutun


Roes menopou m a k

bumenlaey Gttuehon
method oymio un

DaywmonF u Colectid oth hlp °} dotument

An nrolued.
Holloong a
Epeten
)Eapaius ban
ptas n

Dependng, pen tuma mont aqreed n e


Lontatttig |usame) u ae wo posib poible

Scenados method o paymnt


tnt
a Doumentt agaunst aeetptone (DIT) n w
tmpevtu pan bank dalivuA doumanu
e um pelt aganst payment

apli apa ca bb in upeu sAbu

t suusk
tmptEn qnak ood)
oLumenu aacungt acceptanes CDIA) i
oitun ank delLutt doumenu 4o 4L

umspeit
agaunst actsstance bit , ethanqe
h expetin
dhawn O
uspttt
emptu an d

pERln((ren -aymin by ernpetun)


Ceol- (D])
Credit (LlC)|Domentay
en
LDC an unduitaing an
tnpeilens oank avow e epen Subjttt
mentened y he
condihons
docume ilany
Auo m ssion

OC ue
hane been Pot
evedence hat
hgood

by the Cpeitu
d
oanlk protet h e tntau
mpolun
asutll a te
Epeilun
m
mchans ,

n Zoc oankmpoius

ument u-uith
ng ban)
n LDe MLhanusm.
d t n t paes
Role pkat by
Kot ptayed
a (o+oatt
nto
enltung
upen
aPpicao mpetn)
Submi
Submi na n
ump6Uu
h he enpexun t e
with
Lm o h ban
Ppuca
sue a LOC lavcu
uen a a .
1sun bank (tmp Eiles oan
hu h
p u onlen om e teteA, hor
twill (a) tuck
u d t uwoithre pat
LDc
S a u e d ,14ue
D
i o C
aO
b
éxpedas

COmpALksien nd hanq

petan
he Dan d
w a n d t s Loc to

oustay ohom 4
eAtes
anaangement w estalild

(3)
hovitig bank qneubly epoile ban) upen i
trom sung bank, h bank
LDC
he Loc
(aify Qenum.ene s

b alitd -{wnd tue Loc fo t tnphtu


u o v w ommsien changts Tom epein
A)nmung ban Cqenunallyt expele ba)
Co
n expalen doen hae onhidunce
Slandn tssuung banl,in the
peie
Conamaten
aent em a bask epilent tounly
m expilun h a a n fidene
T bank lou en hamn a

T oank undnlakus o Comptnot e to


t u enplu tn Case
npaymant
wung oane a oLalun dalu
(a) cheek enc ethune ung oan
o k aud, ave COnumalen a ym.ant
Cpt
( LOL Commsion and chanqu rom
he epe

niuay
)Benehi
a Cexpalu) pan. pt Loc from
ac nq
u goo
a)
slip e documont a p Huam
b) a
pare

Loc
ank
c Submut e doumenuttt
peleu untuys e oayment
teAqe+-
)Negetalun bonk epode bank)
h fnd
Hat
m a to Da
o e9o to
fnds
mu othe
hu bank
S Hh amank
o
manh r omm

uing
t p e t t Joeu
bank,hu
bane playA
Uung
un
golang ban
doeumenu -rom he e p t
Uenuipt
h bank to hat e
doumenu to ens
Le Coe
hee ummi
pe tte
eact 9

Satufted
nalk auymen
ola expeute
b)
do umesu Usung bank
CC usand he

n w and CommMSi Enfrom &e


epotU
dsuumen
rom geialn.
e) Ucen ucipl
oi
bankHe mung an
.enuw
dotument t o t o
a chuek 4
enact as
ocument Ar

am LDC
n to nog6lal,
Satuyeol, make
ba
paymenfyom mpatn

doumenu o he mpl
(o dlm

Jlow thanl expet hanauon -(rom ndua ea

tekich i uked b 2ot Mechanism ( Au tent a as)

ps t-4 pe spm.an cenaud.

ps 5 post pmen Scinario.

L 0 0 mchank'sm changee eLLooed by


bankbank ma 9Lange oewen 3y. 5 .
LOC value J aole d Con fomung bank
nvo
vod

Llevee - epeTe mub add hue


harg
at ume
aning atstllng
hantm,tle ezperle geu
L0C prolseled
vom4he issunq ank and anty he
doCumorsts presen nd by eapeilea axe
enanty pen u m s Z
s aid hat dotumenu CenGun
dR epanue
npel may lote n tlo urng pontu

h oil e dilay 9etfung paymonf

a) s
C) Isung
uu banle i l ucone adduhonal changes

o m h a eypeln

toiUbe at he mcacy ft
)) npele
tm pet
tmpeL oho may ask ouavous S
as ducuon C amouo

LDCs sued by bank


DAnenttpe
Revecalol e ich Can be canullud by
a
fssuung bank corthou 4e ,teosent &
hs LC
benehuaay, tlene
usf® ta ept-le
()ere cabu Lle -s touc Can be canellad by
bane nly tstt pu, Censent el
Issng
ebenthitiary
huh a bank othen+han
Conemed 2c - tn
kuung bank 9vEA Cbnumakbn aymat
4o He expelon
15ung bank makis auman
mch
4)Sahr -y tn

mmedhaly upeneap dotument

Utanee LIc ohich issngoank makss Poyman


:Cea peiiod mentioed
pen expiay
a combinauor &
o m expeiles
nd
sight kc
AvoCable, enfamed
chest combination

*The nttrnatioral hade hansaiho ceol ch a u ba

by methanism Le overtnad undir h ses A

uidunotubished by Internatienal chambe


ommerce, Thrica altrd as nifoumat , Culou
and Aatica oclut
-oDcumonlay CUCPDC
Thue
The udelunes a Jocndunq on all momb
Counties Tcc
approuimaluay teScouñtuu)
o
u n i m y aLcAo4 vauou Counlue
theby udueng e chancucluply n
Uenaenadhad hansauoris ch ar badkad
LC mALhanus m

nndtfatlitHieR elendnd by bank o l


ouwta Coun be f pe a under
Jund baed inuohi bank paik
an tmm.ediatly bhal f n

xcuoea. Zbtauecty
bane o u c o s o aymont

aleng oith ntrt rom li bior


e e' G vudtB dislbustung & *
(2 Nlen tund bared tn tohich he bank deesot
park olhunds , bu aiu n.
enly a
cunctains
pamant an behal e
Cemm sjonkom h ouwla
e en uaranlu LO

Hechanis
Advanlo.ge Dsadvanloge
hpatrlayment u agwud Oscing banb may be
by a bank a weak bank
aud
avail expet-fnaee Yaymen i no
Can documena Contoin
-om he bantc u1h eaMe
esue
)Costl DYOCoK

CnPr 1( tunda do nd ocman uatily hed


olo ceed not ssweC

5Banlk makox paymen ImpbNte mut eay


a Cedit imit aciity
.0
by caeiltnSnnciond buhe bank
tnume (Lntuuutb Cumbesome YOAK

peite qet prokotad


Costty r

aleHtr by c h h
CLedit
pela a t h e pê&itey
b a m k t o Hhe
npeilis
peluir
oith u ban
bank
a e e t i t a l k coith
o4ng

dsal oi t
a l paiue
n !oC mechanicm
This
h s mathod
melhcd
ho oth goocs,
ao CLemsu Ancl
doum.cry Cted
aluo callid a
ument u
umpeilu bank
4) Bask Guasailse n
undilakes o CompenMatt ttu lo« e t
Ln Case
Case
Bn smen by ue mpet

to mon ® cendtns montno.d


Qubjeet
t he uananle, Sueh as hpmen 3oods

, expetes
Primas idbiuy Lyment toitn urspouten
Pajmcn u 'colt
and Aeon dany labi
uung Dpe

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