The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()

The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()


相关考题:

听力原文:Under the general rules, once the documents are passed to the remitting bank by the drawer, the bank has an absolute right over the goods through the title documents.(10)A.Once the title documents are entrusted, the goods are at the disposal of the collecting bank.B.The title documents enable the remitting bank to dispose the goods according to the instruction given in the collection order.C.The title documents are usually issued by the drawee.D.In spite of the possession of the title documents, the bank can not deal with the goods without the allowance of the drawer.

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.

What will happen if a draft is stamped "accepted" by a bank?A.The bank will sell it as soon as possible to the buyer.B.The draft will become money market funds.C.Dealers will buy it in the domestic market.D.The draft becomes a banker's acceptance and will be sold in the money market.

听力原文: Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.27. What are banker's acceptances?28.Who is the drawee of the draft mentioned in the passage?29.What should be attached to the draft when it is presented for acceptance?30.How does the bank accept the draft?(27)A.They are drafts issued by a bank on another bank.B.They are a very old form. of commercial credit.C.They are exchange bills discounted by customers.D.They are checks cashed through the ATMs.

跟单托收的交单条件有:() A.D/P or D/P at xx days after sightB.Delivery of documents against letters of undertaking to payC.Delivery of documents against promissory noteD.Delivery of documents against a signed trust receiptE.Delivery of documents against part of collection to be paid at sight and the balance by way of the acceptance of a separate draft payable at a future date.F.D/A

Under the documentary credit, which of the following is false?A.The buyer's bank will issue a documentary credit.B.The seller has his bank's undertaking to pay.C.If the seller presents the correct documents, he will be paid.D.A bank acts as an intermediary between the buyer and seller and is willing to provide trade.

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.

In the event of our acceptance of your offer we shall open an irrevocable letter of credit in your favour, payable in China against shipping documents.(英译中)

cash against documents(英译中)

Under D/P, all the documents, and usually title to the goods, are released to the buyer upon ______.A.his acceptance of the draft for payment at a specified later dateB.his payment of the amount specified under reserveC.his partial payment of the bill amountD.his payment of the amount specified

If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.A对B错

托收按交单方式分两种情况:付款交单(Documents against Payment,简称D/P),和承兑交单(Documents against Acceptance,简称D/A)。

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().A、documents against acceptanceB、documents against paymentC、delivery after paymentD、cash against payment

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()A、Seller’s countryB、Buyer’s countryC、Either A or BD、None of the above

W e will present the draft _______acceptance by your bank.A、forB、withC、toD、on

If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.

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().A、showing the bill of ladingB、signing on the bill of exchangeC、paying in cashD、paying or accepting the bill of exchange

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/A , the importer can gets what he needs – the shipping documents only by().A、showing the bill of ladingB、paying in cashC、making acceptance of the bill of exchangeD、paying the bill of exchange

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().A、a bill of exchangeB、a kind of shipping documentsC、a billD、a written paying order

for payment. we require an irrevocable L/C ______sight against presentation of full set of documents to the negotiating bank here.A、at,B、afterC、onD、by

判断题托收按交单方式分两种情况:付款交单(Documents against Payment,简称D/P),和承兑交单(Documents against Acceptance,简称D/A)。A对B错

判断题If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.A对B错

单选题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().Adocuments against acceptanceBdocuments against paymentCdelivery after paymentDcash against payment

判断题The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()A对B错

单选题for payment. we require an irrevocable L/C ______sight against presentation of full set of documents to the negotiating bank here.Aat,BafterConDby

单选题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()ASeller’s countryBBuyer’s countryCEither A or BDNone of the above

单选题W e will present the draft _______acceptance by your bank.AforBwithCtoDon