D

DC Bills

Bills drawn under documentary credits．

Deferred Payment Credit （DPC）

A DC which allows the nomination of a bank， or the issuing bank to effect payment against stipulated documents at a maturity date as specified or determinable from the wording of the credit．

Demurrage

A charge made by a shipping company or a port authority for failure to load or remove goods within the time allowed．

Discounting

Act of purchasing an accepted usance bill of exchange at an amount less than the face value．

Discrepancy

Any deviation from the terms and conditions of a DC． or the documents presented thereunder， or any inconsistency between the documents themselves - see Negotiation under DCs．

Dishonour

Non-payment or non-acceptance．

Documentary Credit （DC）

A conditional undertaking by a bank to make payment， often abbreviated to credit． More precisely， it is a written undertaking by a bank （issuing bank） given to the seller （beneficiary） at the request of the buyer （applicant） to pay a sum of money against presentation of documents complying with the terms of the credit within a set time limit．

Documents

The characteristics and importance of the various documents associated with Import/Export operations are explained and illustrated in Deciding on Documents．

Documents Against Acceptance （D/A）

Instruction for commercial documents to be released to the drawee on acceptance of the Bill of Exchange - see Collections ?Introduction．

Documents Against Payment （D/P）

Instruction for documents to be released to the drawee only on payment - see Collections ?Introduction．

Documents of Title

Documents that give their owner the right to the goods， i．e． Bill of Lading．

Draft

Bill of exchange issued by an exporter and submitted to his bank for collection， or under a DC - usually submitted with attached shipping documents - not to be confused with a bankers draft which is sometimes used as a vehicle for reimbursement．

Drawee

Party on whom a bill is drawn and the one to whom presentation is to be made according to the collection order - the importer （NB： for DC bills， the drawee is usually the DC issuing bank）．

Drawer

The exporter， who draws the Bill of Exchange/draft which in itself is a claim for payment．

Due Date

Maturity date for payment

相关推荐：
国际结算专用词汇3