| 摘要 |
<p>A simplified trade finance method particularly for international trade in goods and services, a 'traded product', can employ one, or preferably two, novel, modified bills of exchange (1oE, 2oE). A first bill of exchange (1oE), which is a payment draft, is executed by a buyer (62), and returned to seller (60) prior to release of the traded product by seller (60). Seller (60) can obtain credit verification of the first bill of exchange (1oE), if necessary, before releasing the traded product, protecting seller (60) from failure of the buyer (62) to pay. The first bill of exchange (1oE) can be dormant and non-negotiable until activated by an event agreeable to a buyer (62), for example, release of the product. Buyer (62) is thus protected against seller (60) delaying or failing to ship the traded product after having received a payment instrument from the buyer (62).</p> |
