If negotiations break down, is it just a missed lucrative investment? It's not that simple, she also offended Beowulf and Natasha and his wife, and in the future, the Yangbo Chamber of Commerce wanted to do business in Kitland City, and it was indispensable to suffer in the open; The more serious consequence is to offend Roland, the chosen person of the goddess of fate, and his father, the great Southern warlord Rodolf Kolas, the man who is most likely to lead the Far Eastern provinces to independence!

In addition, Roland is also the commercial agent of the Harvest Ring, the largest druid organization in the Far East, and has close ties to the Icewind Dale Dwarves, Lighthouse Wizards, and even Parnia's half-vampire clan, and his attitude at a critical moment may affect the perception of the Yangbo family by these forces. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

How serious are the consequences of offending Roland?

Lyubov couldn't have imagined!

If the stakes are high, she has to stick to her principles, and she will admit it if she offends Roland, but now she only cares about making more or less money, and she is not forced to make a loss-making business, so why tear her face with Roland?

Thinking about it like this, Liu Bofu completely dispelled the idea of bargaining, and relieved the embarrassment by helping Roland pour wine, and said with a smile: "Don't worry about the reconstruction financing, wait for me to go back and think about it, I will definitely give you a definite answer tomorrow, now let's have a drink and talk about a light topic, the day before yesterday you told me that you planned to apply for a patent, and then did you do it?" ”

Roland saw that she had bowed her head and softened, and delayed until tomorrow to reply just to find a step down, and secretly laughed in her heart, but her face was still calm, and she changed the topic according to her meaning.

"The patent application has been done, thank you for saying hello in advance, otherwise the patent office may not let me pass the test easily."

"What the hell have you invented, can you take it out and open my eyes?" Victoria leaned over curiously.

"Absolutely." Roland briskly took out a thick stack of documents from the storage bag, "This is the patent I applied for." ”

Victoria took it and flipped through it, and suddenly felt her head be as big as a fight, "What is this writing?" It seems a bit complicated, but there are a lot of tables and data, why don't you even have a drawing? ”

Roland couldn't help but laugh, patted her on the shoulder and said: "Vita, what I invented is not a machine or equipment, but a tool used to improve commercial trade, it has no substance, just a rule of intellectual activity, a strategy to avoid commercial risks. ”

"Don't explain! The more I listened, the more confused I became, Lyuba, do you understand? "The poor kid who graduated from the Baiougang Engineering College can understand these nonsense.

Liu Bofu took the stack of documents from his sister's hand and flipped through them hastily, his face became very exciting, and after a long time, Fang sighed, looked up and asked Roland: "This 'letter of credit'...... Did you really come up with it? ”

Roland nodded, his face couldn't help but burn. In the past, I didn't feel like the time-traveler in the novel copying ancient poems, but now it's my turn to be a "copyist", and I'm really embarrassed.

The so-called "letter of credit" refers to a written document in which the bank makes payment to a third party with the prescribed documents in accordance with the requirements of the applicant and in accordance with the relevant conditions.

What is a letter of credit used for?

It all started with the debate between Roland and Lyubov at the trade fair yesterday.

In international trade activities, the buyer and the seller may not trust each other, and the buyer is worried that the seller will not deliver the goods according to the contract requirements after the advance payment; The seller is also worried that the buyer will not pay after the goods are shipped, and under the premise of this lack of mutual trust, how can the two parties complete the transaction smoothly?

Lyubov did not give a proper solution at the time, but told Roland based on the reality that this kind of trading method is very risky and should be avoided as much as possible.

It is precisely because the two parties need mutual trust that they pay more and more attention to each other's family background, and the children of large chambers of commerce or wealthy families naturally have higher credit, and can use credit to reduce transaction costs, and replace them with foreigners without background, and it is difficult to win the trust of people if they want to make a big transaction.

If a person does not have a well-known family background, is not an agent of a famous chamber of commerce, and is not convenient to carry a large amount of cash around him, what other ways can he improve his credit?

Roland now gives the answer.

With the help of a "letter of credit", the bank can guarantee you that you have enough money to pay for the goods and pay the documents on your behalf, thus winning the trust of the counterparty.

In short, the parties to a transaction do not need to know each other, as long as they trust the bank that opened the letter of credit, and the bank, especially a large bank like the Yangbo Family Bank, is usually very creditworthy.

According to this transaction method, the buyer and the seller do not need to meet to complete the transaction: the buyer first deposits the payment with the bank, the bank opens a letter of credit, and then the bank forwards it to the seller, the seller delivers the goods according to the terms stipulated in the contract and the letter of credit, and the bank pays on behalf of the buyer.

Except for international trade and banking, ordinary people rarely have access to letters of credit, but don't think that letters of credit are far away from ordinary people's lives. In fact, after combining this transaction model with the Internet, it has evolved into an online payment tool that almost everyone knows about - "Alipay".

There is no Internet in the world of Vares, and Roland has no conditions to copy "Alipay", so he is very satisfied if he can apply for a patent for a "letter of credit".

"Roland, the common payment tool we usually use to do overseas trade is the bill of exchange, what are the advantages of the letter of credit you invented compared with the bill of exchange, it doesn't seem to be much different......"

After all, Lyubov is not a traverser, and his vision cannot be compared with Roland, and it is difficult to understand the beauty of the "letter of credit" for a while.

"This is a big difference, the bill of exchange is only a contractual relationship between the buyer and the seller, the bank is the executor of the contract rather than the supervisor, and the bill of exchange must be unconditionally paid to the bearer when it is due; The letter of credit is the tripartite relationship between the buyer and the seller + the bank, the bank is not only responsible for the transfer, the payment to the beneficiary is also conditional, and the implementation of the transaction must be supervised against the documents, such as the delivery time, the weight of the goods, the quality and specifications are consistent with the bill of goods, only when the consignee acts in accordance with the provisions of the letter of credit and submits the documents that meet the provisions of the letter of credit, the issuing bank will pay, if there is a shortage of two shoddy cases, the payment will not be paid, until the trade and the two sides reach an understanding. Roland patiently explained to her.

"It is not difficult to find that in the letter of credit payment mode the bank assumes a certain degree of regulatory responsibility, can effectively prevent trade fraud, provide credit guarantee for both parties to the transaction, correspondingly, the charge for opening a letter of credit is also higher than the opening of an acceptance bill, more thoughtful financial services mean higher costs - what issuance fees, notice fees, negotiation fees, confirmation fees, modification fees and other fees, there are more tricks." (To be continued.) )