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Before issuing a credit, what must the bank make certain?

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第1题

Before issuing a credit, it is important for the issuing bank______.A.to go through the co

Before issuing a credit, it is important for the issuing bank______.

A.to go through the contract terms

B.to make certain of the importer's creditworthiness

C.to have a thorough understanding of the exporter

D.all of the above

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第2题

Under settlement by negotiation, the _______ should advance funds to the beneficiary before the reimbursement is due.

A.advising bank

B.issuing bank

C.applicant

D.negotiating bank

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第3题

What is called "pre-notification" of a claim? Issuing Banks require a Claiming Bank to not
ify them before claiming on the Reimbursing Bank. This notice is de- fined as ______. If a pre-notification of a claim is required by the Issuing Bank, this information must be contained in the credit to indicate the requirement for pre-notification of a reimbursement claim to Issuing Bank and number of days which the Issuing Bank has to be notified.
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第4题

The issuing bank wants to cancel a letter of credit before it has been advised to the beneficiary by
the advising bank. What is the option available to the issuing bank?

(1)( ) The issuing bank may cancel the L/C anytime.

(2)( ) The issuing bank should seek permission from the advising bank.

(3)( ) The issuing bank must recall the L/C from the advising bank.

(4)( ) The issuing bank must obtain the consent of the beneficiary.

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第5题

The general considered all the information that had been gathered () gauged what possible moves the enemy might make before issuing his orders.

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第6题

There are three important factors you need to consider before buying a bond. The first is
15,There are three important factors you need to consider before buying a bond. The first is the person issuing the bond. The second is the interest (or_______) you will receive. The third is the maturity date , the day when the borrower must pay back the principal to the lender.

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第7题

The() bank should ensure that the seller's documents are drawn up in accordance with the credi

The( ) bank should ensure that the seller's documents are drawn up in accordance with the credit terms before such documents are paid for and forwarded to the( ) bank for final reimbursement.

A. issuing.., negotiating B. advising.., paying

C. negotiating.., issuing D. paying.., advising

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第8题

听力原文:M: Good morning! I've lost my traveler's cheques. I wonder if you could get in to
uch with the issuing bank to claim refund for me.

W: Don't worry, Sir. But I need some detailed information before I contact your issuing bank.

Q: What did the man lost?

(17)

A.Credit card.

B.Passport.

C.Traveler's cheques.

D.I.D.card.

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第9题

The differences between a bill and a cheque are as follows: Bill (1)The drawee may be any person.

The differences between a bill and a cheque are as follows:

Bill

(1)The drawee may be any person.

(2)There are four kinds of tenor for the bills.

(3)After acceptance the acceptor is primarily liable for payment.

(4)Before issuing a bill, the drawer may not open an account with drawee.

(5)A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed.

(6) Acceptance made by acceptor is irrevocable.

(7)A bill can be drawn in a set.

Cheque

(1)The drawee must be a ______.

(2)The tenor is merely payable ______.

(3)The ______ is always primarily liable for payment.

(4)Before issuing a cheque, the drawer must be a customer who has opened an ______ with the paying bank and ______ money in the account.

(5)A cheque can be ______.

(6)Duty and authority of paying bank to pay a cheque may be terminated by ______.

(7)A cheque cannot be drawn in a ______.

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第10题

The differences between a bill and a cheque are as follows: Bill (1)The drawee may be any person.

The differences between a bill and a cheque are as follows:

Bill

(1)The drawee may be any person.

(2)There are four kinds of tenor for the bills.

(3)After acceptance the acceptor is primarily liable for payment.

(4)Before issuing a bill, the drawer may not open an account with drawee.

(5)A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed.

(6) Acceptance made by acceptor is irrevocable.

(7)A bill can be drawn in a set.

Cheque

(1)The drawee must be a ______.

(2)The tenor is merely payable ______.

(3)The ______ is always primarily liable for payment.

(4)Before issuing a cheque, the drawer must be a customer who has opened an ______ with the paying bank and ______ money in the account.

(5)A cheque can be ______.

(6)Duty and authority of paying bank to pay a cheque may be terminated by ______.

(7)A cheque cannot be drawn in a ______.

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