How can the seller receive immediate payment if the draft is made payable on a future date?
A.He can send the draft to the correspondent bank for immediate payment.
B.He can present it to the bank against which it is drawn for payment.
C.He can ask the buyer to pay the money.
D.He can discount the draft at his bank and get money immediately.
第1题:
听力原文:M: Could your company accept bills of exchange payable 30 days after sight?
W: No, we don't accept any draft; instead, we usually make payment at sight.
Q: What can we infer from the conversation?
(19)
A.The man will probably wait for the payment for 30 days.
B.The man can get his payment right away.
C.The man will send an order to the company.
D.The woman will not pay the man at sight.
第2题:
Why is the British bank able to offer its customer a banker's draft drawn in dollar?
A.Its US correspondent bank prefers to make the payment.
B.It will send dollar in cash by airmail.
C.It has a dollar account with another bank in an American city where the beneficiary lives.
D.Its customer has a dollar account with it.
第3题:
What is the safer and more normal method for the importer's bank to effect the settlement?
A.To issue a banker's draft.
B.To arrange for payment by mail transfer.
C.To make the payment to its correspondent bank.
D.To ask the importer to pay the money on his dollar account.
第4题:
A.from
B.by
C.for
D.to
第5题:
The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.
A.Right
B.Wrong
C.Doesn't say
第6题:
In the case of MT,the remitting bank issues a draft to its customer,and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.
A对
B错
第7题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. In a transaction, if payment is made by collection, then the remitting bank is always located in()
第8题:
In the case of MT,the remitting bank issues a draft to its customer,and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.
第9题:
The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()
第10题:
Which of the following tasks can be performed by a Buyer Administrator using the Organization Administration console?()
第11题:
Seller’s country
Buyer’s country
Either A or B
None of the above
第12题:
对
错
第13题:
听力原文:M: Good morning! This is a demand draft for one thousand American dollars. May I have it discounted here?
W: Sorry, immediate encashment of a foreign bill is not allowed. You may entrust it to us for collection. But it takes time.
Q: What should the man do if he wants to get the payment of the draft?
(18)
A.He has to show the clerk his passport.
B.He has to entrust the draft for collection to the bank.
C.He has to fill in some forms.
D.He has to endorse the draft.
第14题:
What will the correspondent bank do in the settlement according to this passage?
A.It will make payment in dollars against the banker's draft.
B.It will send the draft to the bank in Britain.
C.It will issue a documentary credit.
D.It will have an agreement with the bank mentioned.
第15题:
A.trade credit
B.bank loans
C.commercial paper
D.factoring accounts receivable
第16题:
If the beneficiary does not bank at the bank on whom the draft is drawn, the funds will be treated as ______.
A.uncollected
B.uncleared
C.unclaimed
D.uncommitted
第17题:
第18题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. The meaning of D/A is().
第19题:
We have drawn on you for this amount at sight through the Bank of China who has been instructed to produce the document_______ payment of the draft.
第20题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. Under D/P , the importer can obtain the goods only by().
第21题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. A draft can be described as followings except().
第22题:
对
错
第23题:
The Buyer Administrator can approve the shoppers within their organization.
The Buyer Administrator can create a new seller organization.
The Buyer Administrator can assign access levels to their members.
The Buyer Administrator can make Request for Quotes (RFQ) to a seller organization.