国际结算练习二
国际结算练习题(二)
Practices for International ttlement
1.Choo the true answer of the following ntences.
（1）the principal is generally the customer of a bank who prepares documentation and submits them to the bank with a collection order for payment from the buyer( drawee).
A. remitting
B. collecting
C. prenting
D. correspondent
(2) which type of collection offers the greatest curity to the exporter?
A. documentary against acceptance
中药蜂房B. documentary against payment
保护消费者权益C. clean collection
D. Acceptance D/P
(3) is an arrangement whereby the ller obtains his bank’s pre-numbered direct collection letter, thus enabling him to nd his documents directly to his bank’s correspondent bank for collection.
A. Clean collection
B. Documentary against payment
C. Direct collection
D. documents against acceptance
(4) Which of the following is not the obligation of the trustee?
A. To arrange for the goods to be warehoud and insured in the trustee’s name.
B. To pay all the proceeds of sale to the bank or to hold them on behalf the bank.
C. Not to put the goods in pledge to other persons
D. To ttle claims of the bank prior to liquidation in ca of the trustee’s bankruptcy.
(5) Which of the following is not a risk that the exporter assumes on documentary collection basis?
A. Non-acceptance of merchandi
B. Harm to the reputation due to dishonor.
C. Exchange restriction
D. Non-payment of trade acceptance.
(6) Clients of a factoring are thus able to eliminate or reduce the need of credit, （）and other related administrative activities .
A. knowledge of the market一年四季都开的花
B. bookkeeping
C. competitive open account lling terms
D. bad debts散步作文600字
(7) the factor may grant financing to the client prior to the maturity of the invoice by A
A. purchasing the latter’s account receivables.
B. nding a copy of invoice to the factor.
C. indicating that the invoice is payable to the factor.
D. collecting payment from the client’s customer.
(8) The factor charges the client a fee for his rvices bad on elements such as annual sales volume, , quality of client’s customer list and length of trade terms.
A. creditworthiness
B. credit standing
C. interest
D. average invoice size
(9) in a factoring, the ller get access to finance linked to his .
A. overdraft limit
B. historic balance sheet ratios
C. current levels of business
D. sales prospect
阴影线(11) URC522 says charges to be collected indicating whether they may be waived or not, and interest to be collected indicating rate of interest, interest period, basis of calculation. Look at the following two instruction for collection of interest charges and tell which one is preferable.
A. Plea collect interest for delay in payment effected later than maturity for collection bill from the drawee.
恶之花B. Plea collect interest for delay in payment calculated from the maturity to the date actual payment at the rate of 6% per annum on the basis 360 days a year from the drawee Waive/do not waive interest if refud by the drawee.
(12) URC522 says that the collection instruction should state the exact period of time and expressions such as prompt immediate first and the like should not be ud in connection with prentation or with reference to any period of time within which documents have to be taken up or for any other action that is to be taken by the drawee. If such terms are ud, banks will disregard him.
Look at the following ntences and determine which one agrees to the above requirement.( )
A.When collection bill is prented by the collecting bank for acceptance, it must be
accepted immediately.
B.When collection bill is prented by the collecting bank for acceptance, it must be
accepted within 24 hours.
浪里淘沙C.In ca of non-payment/non-acceptance, an advice must be promptly given to
remitting bank.
D.In ca of non payment /non-acceptance, an advice must be given on the day
following the date of dishonour.亲亲热热
(13) URC522 says that the goods should not be consigned to or to the order of a bank wit
hout prior agreement on the part of that bank.
Which of the following ntences are corresponding with above stipulation or usual practice.
A.B/L consigned to order and blank endord.
B.B/L consigned to order of collecting bank
C.B/L consigned to order of shipper and blank endord.
D.B/L consigned to order of Bank of China, London.
