1. International Trade Payment 1 Move the mouse into the area “Letter of Credit” and click on “Issuing bank” to login 4. Documentary letter of credit

2. International Trade Payment 2 Task: Case of procedures of issuance of usance letter of credit No. 1 Type: Procedures of Issuing bank and Advising bank

3. International Trade Payment 3 Description ： Haier as applicant amended the letter of credit without discussion with Chrysler as beneficiary because of claims on part of the credit after the letter of credit had been issued, Chrysler is opposed to the amendment of credit by Haier and rejected this amendment.

4. International Trade Payment 4 Chart: The procedure of the case Issue L/C Advise/register L/C Refuse/accept amendment Advise L/C amendment Amend L/C Refuse

5. International Trade Payment 5 Build a new transaction, and input data of issuance of usance letter of credit and fill in the L/C application as per the case. 4.1 Issue Letter of Credit (Start-up)

6. International Trade Payment 6 Click on “Next” after inputting data, generate

7. International Trade Payment 7 Click on “Next”

8. International Trade Payment 8 Click on temporary saving after inputting data as per the case.

9. International Trade Payment 9 Store successfully and indicate the number of L/C, etc. Click on “L/C No.” login the page of sending message, click on “add telegraph message”.

10. International Trade Payment 10 Login the page of telegraph message, click on “save”, generate the “list of message”, and return to the page of “submission”. Build a new telegraph message, system indicates form “MT700” automatically, click on “Add”.

11. International Trade Payment 11 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check ， it switches to the page of waiting for authorization from the page of check. Take “Role switching”, switch to the role of authorization from the role of check. Click on “√submit” again ， it switches to the page of validation from the page of waiting for authorization.

12. International Trade Payment 12

13. International Trade Payment 13

14. International Trade Payment 14 Click on log out and return to the home page, click on “Advising bank” to login. 4.2 Advice/Registration of L/C received

15. International Trade Payment 15

16. International Trade Payment 16

17. International Trade Payment 17 Fill in the registration of L/C advice

18. International Trade Payment 18 Click on “Next” after filling, generate.

19. International Trade Payment 19 Click on “Next”, generate. Click on “Next”, input data as per the case and add message after temporary saving.

20. International Trade Payment 20 It switches to the page of temporary saving from the page of receipt of message after submission, click on transaction no. and add telegraph message. Build a new telegraph message, system indicates form “MT799” automatically, click on “Add”. Click on “save” on the page of message, generate the list of message, and return to the page of submit.

21. International Trade Payment 21 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check ， it switches to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of authorization from the role of check. “√submit” again after check ， it switches to the page of validation from the page of waiting for check.

22. International Trade Payment 22

23. International Trade Payment 23

24. International Trade Payment 24 Click on log out and return to the home page, click on “issuing bank” to login. 4.3 Amendment of L/C

25. International Trade Payment 25

26. International Trade Payment 26 Click on “transaction recording”, fill in documentary credit amendment application as per the case.

27. International Trade Payment 27 Click on “Next”, genera te.

28. International Trade Payment 28 Fill in documentary credit amendment application as per the case, and complete temporary saving.

29. International Trade Payment 29 Add message ： Build a new message, it indicates form “MT799” automatically, click on “Add”. Click on “save” on the page of message, generate the list of message, and return to the page of “submit”.

30. International Trade Payment 30 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check ， it switches to the page of waiting for authorization from the page of temporary saving. Take “Role switching”, switch to the role of authorization from the role of check. “√submit” again after check ， it switches to the page of validation from the page of waiting for check.

31. International Trade Payment 31

32. International Trade Payment 32

33. International Trade Payment 33 Click on log out and return to the home page, click on “advising bank” to login. 4.4 Advice of L/C amendment received

34. International Trade Payment 34

35. International Trade Payment 35 Fill in documentary credit amendment application as per the case, and complete temporary saving.

36. International Trade Payment 36 Add covering letter ： Build a new letter, it indicates the form automatically, then “Add”, “Temporary saving” and back.

37. International Trade Payment 37 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check ， it switches to the page of validation from the page of waiting for check.

38. International Trade Payment 38

39. International Trade Payment 39

40. International Trade Payment 40 Click on log out and return to the home page, click on “advising bank” to login. 4.5 Refuse/Accept L/C amendment

41. International Trade Payment 41 Click on “refuse/accept amendment” ， complete data input, temporary saving, add message and submit.

42. International Trade Payment 42 Add message ： Build a new message, it indicates form “MT999” automatically, click on “Add”. Click on “save” on the page of message, generate the list of message, and return to the page of “submit”.

43. International Trade Payment 43 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check, it switches to the page of validation from the page of waiting for check.

44. International Trade Payment 44

45. International Trade Payment 45

46. International Trade Payment 46 Click on log out and return to the home page, click on “issuing bank” to login. 4.6 Refuse L/C amendment

47. International Trade Payment 47

48. International Trade Payment 48 Click on “transaction entry”, check data as per the case and complete “temporary saving”.

49. International Trade Payment 49 Switch to the page of “temporary saving”, click on the particular transaction no. Click on “submit”

50. International Trade Payment 50 Click on “√submit”, it indicates switching to the page of waiting for check from the page of temporary saving. Take “Role switching”, switch to the role of check from the role of handling. “√submit” again after check ， it switches to the page of validation from the page of waiting for check.

51. International Trade Payment 51

52. International Trade Payment 52