国际结算双语考卷答案
国际结算英文选择题90附答案
1.To the exporter, the fastest and safest method of settlement is( B )A.letter of creditB. cash in advanceC. open accountD. banker 's draft2.To the importer, the most favorable method of settlement is ( C )of credit B. cash in advance C. open account D. collection3.Which of the following payment method is based on commercial credit( C )of credit guarantee C. collection D. standby credit4.An exporter sells goods to a customer abroad on FOB and on CIF terms,who is responsible for the freight charges in each ( A )A.importer; exporterB. exporter; importerC. importer; importerD. exporter; exporter5.International cash settlement has the following disadvantages except( B )A.expensiveB. safeC. riskyD. time-consuming6.CHIPS is the electronic clearing system for ( B )D D. EUR7.CHAPS is the electronic clearing system for ( A )D D. EUR8.BOJ-NET is the electronic clearing system for ( D )A. USDB. GBP9.TARGET is the electronic clearing system for ( C )A. USDB. GBP10.CHATS is the electronic clearing system for ( D )A. USDB. GBP11.From a Chinese bank's point of view , the current account it maintains abroad is known as ( A )A. a nostro accountB. a vostro accountC. a current account home currency account12.From a Chinese bank's point of view , the current account maintainedby a foreign bank with him is known as (B )nostro account vostro accountcurrent account foreign currency account13.International trade settlement methods are used to complete the money transfer aroused by ( A)A.goods transactionsB. services supplyC.security investmentD. investment incomes14.Documentary credit business is subject to ( A )A.UCP600 522 C. URDG758 D. ISP9815.Collection business is subject to ( B )A.UCP600 522 C. URDG758 D. ISP9816.Standby credit business is subject to ( D )A. UCP600 522 C. URDG758 D. ISP98of guarantee business is subject to ( C )A. UCP600 522 C. URDG758 D. ISP9818.London is the clearing centre for ( B )A. USDB. GBP19.New York is the clearing centre for ( A )A. USDB. GBP20.Tokyo is the clearing centre for ( D )A. USDB. GBP21.Frankfurt is the clearing centre for ( C )A. USDB. GBP the following documents, the one which is not regarded as control documents is （ D ）A.authorized signaturesB. test keysC. schedule of terms and conditionsD. correspondent arrangement23.The seller should arrange for the insurance of the goods transportation under （ C ）24.（A ）cheque can be cashed over the counter of paying bank.A.An openB. A crossedC. A general crossingD. A special crossing25.The effect of a blank endorsement is to make a negotiable instrument payable to the （C ）A.specified person B, order of a specified person C. bearer D.named person26.If the bill is pay able “60 days after date ”, the date of payment is decided according to （C ）A.the date of acceptanceB. the date of presentationC. the date of issuanceD. the date of maturity27.The party to whom the bill is addressed is called the （B ）A. drawerB. draweeC. holderD. payee28.When financing is without recourse, this means that the bank has no recourse to the （D ）if such drafts are dishonored.A. payerB. draweeC. acceptorD. drawer29.The（C ）of a promissory note assumes the prime liability to make payment of the note.A. holderB. draweeC. makerD. acceptor30.The bill which must be presented for acceptance is （B ）A. the bill payable at xx days after dateB. the bill payable xx daysafter sightC. the bill payable on a fixed dateD. the bill payable at sight31.In order to retain the liabilities of the other parties, a bill thathas been dishonored must be （A ）A.protestedB. given to the acceptorC. retained in the filesD. presented to a bank32.（C ）is not a holder of a billA.PayeeB. EndorseeC. DrawerD. Bearer33.Which of the following is a relative essential item of a bill （B ）A.amountB. tenorC. payeeD. drawee34.An endorsement ,which prohibits the further negotiation of the instrument ,is called （D ）endorsement .A. qualifiedB. generalC. specificD. restrictive35. A check is a （D ）draft drawn on a bankA. time C. direct D. demand36.The act which is never involved in promissory note business is （C ）37.The act which is never involved in check business is （C ）38.The acceptor of a bill is the person who originally named as （ B ）of the bill.A. drawerB. drawee39.The first holder of a bill is the （ C ） of the billA. drawerB. drawee40.Amongthe following crossed cheques, the one which contains the words （ D ） is a special crossed cheque.A. bankerB. not negotiableC. A/C payeeD. Bank of China41.The means of authenticating payment order in mail transfer is the （D ）A. SWIFT authentic keyB. schedule of terms and conditionsC. test keyD. authorized signatures42.The means of authenticating payment order in telegraphic transfer is the （C ）A. correspondent arrangementB. schedule of terms and conditionsC. test keyD. authorized signatures43.Which of the following is not a method of remittance （C ）A. M/TB. T/TC. T/RD. D/D44.Open account as a payment method is usually used when （D ）are sold under the seller 's market conditionare badly needed by the buyerare of special standards or special specificationsare sold under the buyer 's market condition45.If the reimbursement instruction written on the payment order is expressed as ‘in cover , we have credited your A/C with us ', the A/C relationship between the remitting bank and the paying bank must be（ A ） A. the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a thirdbankD.remitting bank and paying bank have their A/Cs with two different banks46.If the reimbursement instruction written on the payment order is expressed as ‘ in cover, please debit our A/C with you ', the A/C relationship between the remitting bank and the paying bank must be（ B ） A. the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a thirdbankD.remitting bank and paying bank have their A/Cs with two different banks47.If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have authorized Bank A to debit our A/C and credit your A/C with them ', the A/C relationshi p between the remitting bank and the paying bank must be( C )A.the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a thirdbankD.remitting bank and paying bank have their A/Cs with two different banks48.If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have instructed Bank X to transfer the proceeds to your A/C with bank Y', the A/C rela tionship between the remitting bank and the paying bank must be ( D )A. the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a thirdbankD.remitting bank and paying bank have their A/Cs with two different banks49.It will be more convenient if the collecting bank appointed by the seller ( B )A. is a large bankB.is the remitting bank 's correspondent in the place of the import erC.is in the exporter 's countryD. acts on the importers instructionsC ）50. Under D/P, the documents will not be delivered to the buyer until（ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until（ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer52. In collection business, banks are obligated to check the documents received to see that （ C ）A. they are authenticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form53. A bill of exchange which is accompanied by shipping documents is known as （ B ）A. a clean billB. a documentary billC. a clean collectionD. a documentary collection54. In documentary collection, after the goods have been shipped, the exporter presents the documents toA.the collecting bankB.the reimbursing bankC.the remitting bankD.the opening bank55.Which of the following is not the obligation of remitting bank in collection ( D )A.to complete a collection order strictly according to the principal ' s instructions.B.to perform following all the instructions given by the principal.C.to keep the documents wellD.to examine the contents of documents in detail56.Which of the following is not the obligation of the collecting bank( B )verify the authenticity of the collection orderB.to take care of goodsrelease documents strictly on the delivery terms of documents. perform following all the instructions given by the remitting bank. collection business, the drawer of the draft for collection is ( A )A.sellerB. buyerC. remitting bankD. collecting bank58. In collection business, the drawee of the draft for collection is( B )A.sellerB. buyerC. remitting bankD. collecting bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by the drawee but with no express statement that they may not be waived, charges will be for the account of ( A ) providing the drawee refuses to pay them.A. principalB. remitting bankC. collecting bankD. presentingbankprice term which is more favorable to the seller under collection is( D )A.EXWB. FOBC. CFRD. CIF61.In L/C business , the exporter can receive the payment only when ( C ) A. he has shipped the goods has presented the documentsdocuments presented constitute a complying presentation importer has taken delivery of the goods.62.In L/C business, the issuing bank can refuse to pay the credit amount when ( C ) applicant prevents him from making paymentgoods are not the same as those stipulated in the sales contractkind of document required by L/C isn 't presented.of the applicant 's account is not enough for payment .63.Of the following kinds of L/C, ( B )is the L/C which requires no drafts at all. payment creditpayment creditcreditcredit64.Of the following kinds of L/C, ( C ) is the L/C in which drafts are always required. payment creditpayment creditcreditcredit65.Of the following kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.creditcreditcreditto back credit66.Of the following kinds of L/C, ( A )is the L/C which is especially suitable for use tosettle the payment of trade conducted through a middleman.A.transferable creditB.reciprocal creditC.revolving creditcredit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments.creditcreditcreditto back creditthe following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment under counter trade.creditcreditcreditto back credit69.Confirmation of a credit may be given by ( B )A.the beneficiary at the request of the importerB.the advising bank at the request of the issuing bankC.the advising bank after the receipt of correct documentationD.the issuing bank after the receipt of correct documentation70.The credit may only be confirmed if it is so authorized or allowed by ( A )A. the issuing bankB.the supplierC.the advising bank71.The second beneficiary of a transferable letter of credit is the( D )A. middlemanB.transferring bankC.the applicant of the transferred creditD.real supplier of the goods72.The first beneficiary of a transferable letter of credit is the( A )A. middlemanB.transferring bankC.the applicant of the transferred creditD.real supplier of the goods73.The red clause credit is often used as a method of ( B )A. providing the buyer with funds prior to shipmentB.providing the seller with funds prior to shipmentC.providing the buyer with funds after shipmentD.providing the seller with funds after shipment74.An applicant must reimburse an issuing bank unless he finds that( D )A. goods are defectiveB.goods are not as ordered in the sales contractC.documents received do not allow him to clear the goods through customsD.documents do not conform on the face to the terms and conditions of the credit75.Application for any amendment to a letter of credit should be given to the issuing bank by ( A )A. the applicantC.the advising bankD.the nominated bank76.The message type which is used to send a amendment notice of a documentary credit through SWIFT is numbered ( C )A. 700B. 705C. 707D. 710all the financial methods mentioned bellow , which method provides funds without recourse ( C )A. packing loansB.bill discountingC.forfaitingD.borrowing docs against T/Rletter of credit, the primary debtor is the( C )A. applicantB. importerC. issuing bankD. nominated bank79. The applicant of letter of credit is ( B )A. the exporterB. the importerC. the exporter 's bankD. theimporter 's bank80. The beneficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter 's bankD. the importer 's bankletter of credit which is expired on Oct. 1, 2008 specifies that“ documents must be presented within 15days after the on board date ofbill of lading ”. If the on board date of bill of lading is Sep. 10,2008, the latest date of presentation must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882.If there is no indication in the credit of the insurance coveragerequired, the amount of insurance coverage must be at least ( C ) of the CIF or CIP value of the goods.A. 100% % C. 110% %83.Which of the following actions performed by the nominated bank is not regard as the action of honor( D )A. to pay at sight under sight payment creditB.to incur a deferred payment undertaking and pay at maturity underdeferredpayment creditC.to accept the draft and pay at maturity under acceptance creditD.to negotiate under negotiation creditplying presentation under letter of credit means a presentationthat is in accordance with the terms and conditions of credit, theapplicable rules of UCP and provisions of ( B )A. ISP98B. ISBP681C.ICC Publication Publication No. 75885.Among the following banks, the one who has no obligation to examine documents under letter of credit is ( C )A. the issuing bankB. the confirming bankC. the reimbursing bankD. the nominated bankfollowing are the financing methods which can be used by the seller in L/C business except ( D )A. negotiating the documentary draft to his bankA. applying for packing loans from his bankB.discounting the time draft already accepted by the drawee bankD.Borrowing docs from issuing bank against T/R following are the financing methods which can be used by the buyer in L/C business except ( D )for issuing L/C with no margin requirement. docs from issuing bank against T/R the goods from shipping company against indemnity guarantee signed by the issuing bank.for packing loans from his bank88. A bill of lading doesn't function as ( D )A. a contract of transportationB. a receipt of goodsC a certificate of title to the goods D. an accounting document89.The drawee of a draft drawn under letter of credit may be ( C ) A. the beneficiary B. the applicantC.the issuing bankD. the negotiating bank90.If the bill of lading is made out to order , it must be endorsed by ( B ) so as to complete the transfer of the title to the goods . A. the carrierB.the shipperC.the notify partyD.the nominated bank。
国际结算(双语)_山东财经大学中国大学mooc课后章节答案期末考试题库2023年
国际结算（双语）_山东财经大学中国大学mooc课后章节答案期末考试题库2023年1.Collection Draft needs to be endorsed ( ), if the Remitting Bank is theBeneficiary.答案:Once2.Direct Reimbursement could be done by the Remitting Bank ( ) the PayingBank's account.答案:Crediting3.Collection Draft needs to be endorsed twice, if the ( ) is the Beneficiary.答案:Principal4.When determining the date of shipment, ( ) is the latest shipment date if theL/C stipulates: "shipment to be made before August 31, 2020".答案:August 30, 20205.Characteristics of Letter of Credit include ( ).答案:All of the above6.In MT103, when banking charges are shared between the Remitter and theBeneficiary, field 70A will be recorded as ( ).答案:SHA7.Under Letter of Credit, ( )provides an additional payment guarantee that isseparated from the Issuing Bank's payment obligation.答案:Confirming Bank8.“Available with Issuing Bank by payment at sight” is a indication of ( ).答案:Sight Credit9.The ( ) will compensate the Guarantor when the Applicant fails to fulfill itsobligation.答案:Counter Guarantor10.When filling SWIFT message, March 20, 2019 should be recorded as ( ).答案:19032011.Insurance Policy should be dated ( ) the date of shipment.答案:on or before12.Main topics of International Settlement include the following, except ( ).答案:Risk Management13.Determine the LAST day of the bank's examination, based on the followinginformation.1.Date of Presentation:March 20(Friday)2.Date of Expiry:March 26(Thursday)答案:March 2714. A Promissory Note involves ( ) basic parties.答案:215.Which one among the following is the safest, from the standpoint of thePayee?答案:a Specially-crossed Cheque16.( ) is the sender of MT103.答案:17.The Exporter is the Applicant under the Payment Guarantee.答案:错误18.Characteristics of Standby Letter of Credit does not include ( ).答案:Demand payment19.If the payee is ( ), the Bill can not be endorsed.答案:Restrictive Order20.Which one/ones among the following is/are example(s)of DocumentaryCollection.答案:21.“Available with xxx bank by acceptance of Bill at xxx days after sight againstthe documents detailed herein and Beneficiary’s Bill drawn on us”is aindication of ( ).答案:22.Banks shall each have a maximum of ( ) banking days following the day ofpresentation to determine if a presentation is complying.答案:23.When determining the date of shipment, "on or about June 11th" refer to ( ).答案:June 6~1624.Under D/P, documents will be released against acceptance.答案:错误25.Under Letter of Credit, ( ) takes the primary liability to make payment.答案:26.Collection Draft needs to be endorsed ( ), if the Payee is the Principal.答案:Twice27.The ( ) will compensate the Beneficiary when the Guarantor fails to fulfill itsobligation.答案:Confirming Bank28.The most commonly used payment instrument is ( ).答案:29.( ) is commonly used in processing customs clearance.答案:30.Development of International Settlement does not include ( ).答案:31.The action of Drawing/Issuing a Bill of Exchange refers to ( ).答案:32.( ) is not transferable. The goods can only be taken by the Consignee.答案:33.Properties of Negotiable Instruments include ( ).答案:34.When a Cheque is crossed specially, the Holder ( ).答案:35.Crossed cheque can be used to ( ).答案:36."Presentation" means when the creditor exercises its right (i.e. asks theDrawee for acceptance or payment), there is no need to explain the reason.答案:错误37.The words “before” and “after” when used to determine a period of shipmentinclude the date mentioned.答案:错误38.Development of international settlement does not include ( ).答案:39.Which of the following is NOT a payment order?答案:Promissory Note40.If the Presenter fails to resubmit documents before the lastest presentingdate, the documents are deemed with discrepancies and can not be revised.答案:正确41.Under Letter of Credit, the Drawer of the Bill should be the ( ).答案:Beneficiary42.From the perspective of the Exporter, ( ) is the "safest" settlement method.答案:43.( ) becomes an Acceptor, when it accepts the Draft and signs on the Draft.答案:44.Banks takes responsibility to effect payment immediately by issuing ( ).答案:45.Under Letter of Credit, "Honor" does not include ( ).答案:46.The following are statements indicating Demand Bill, except ( ).答案:47.The payment date of a Draft stating "Payable at 1 month after February 28" is( ).答案:48.Main topics of International Settlement include the following, except ( ).答案:Risk Management49.( ) means that the acceptor is accepting the drawer's order withoutrestrictive statement.答案:50.Insurance Policy is the core documents based on which other documents areissued.答案:错误51.( ) does not state the name of the Consignee. Anyone who holds the B/L cantake goods from the Carrier.答案:52.( ) is the Drawee of the Draft under Letter of Credit.答案:53.( ) is not a document of title.答案:54.( ) is the fastest and safest way to transfer fund.答案:55.The following are commercial documents, except ( ).答案:56.The Correspondent Bank is an independent foreign bank.答案:正确57.( ) is the bank to which the Principal has entrusted the handling of aCollection.答案:58.Financial Documents including the following, except（）.答案:Invoice59.In Remittance, the Remitting Bank is also called the Exporter's Bank.答案:错误60.( ) is the core documents based on which other documents are issued.答案:61.( ) is the Drawer of the Draft under Collection.答案:62.Exporter will obtain banking credit in ( ).答案:。
国际结算测试题及答案
国际结算测试题及答案一、单项选择题（每题2分，共10题）1. 国际结算中，信用证支付方式的主要特点是：A. 商业信用B. 银行信用C. 个人信用D. 国家信用答案：B2. 以下哪项不是国际结算中常用的支付方式？A. 汇款B. 托收C. 信用证D. 支票答案：D3. 国际贸易中，出口商通常希望采用哪种支付方式？A. 预付款B. 货到付款C. 信用证D. 延期付款答案：C4. 托收业务中，出口商将货物单据交给托收银行，托收银行再交给进口商，这种托收方式是：A. 付款交单B. 承兑交单C. 直接托收D. 间接托收答案：A5. 信用证中的“不可撤销”意味着：A. 信用证一经开出，不能更改或撤销B. 信用证可以由开证行随时撤销C. 信用证只能在特定条件下撤销D. 信用证的金额可以随意更改答案：A6. 在国际结算中，汇票的持票人向付款人提示汇票，要求付款的行为称为：A. 提示B. 承兑C. 贴现D. 背书答案：A7. 国际结算中，出口商为了减少汇率风险，可能采用的结算方式是：A. 即期信用证B. 远期信用证C. 汇款D. 托收答案：B8. 国际贸易中，如果出口商希望尽快获得货款，他们可能会选择：A. 信用证B. 托收C. 汇款D. 延期付款答案：C9. 在国际结算中，银行保函是一种：A. 支付承诺B. 信用证C. 担保文件D. 汇票答案：C10. 国际结算中，如果出口商希望减少信用风险，他们可能会要求：A. 提前付款B. 信用证支付C. 托收D. 延期付款答案：B二、多项选择题（每题3分，共5题）1. 国际结算中，以下哪些因素会影响结算方式的选择？A. 交易双方的信用状况B. 货物的性质和价值C. 交易双方的关系D. 汇率波动答案：ABCD2. 信用证结算方式中，以下哪些文件是必须提交的？A. 发票B. 提单C. 装箱单D. 汇票答案：ABCD3. 托收结算方式中，以下哪些是付款交单（D/P）和承兑交单（D/A）的主要区别？A. 付款时间B. 风险承担C. 单据传递方式D. 银行费用答案：AB4. 国际结算中，以下哪些是汇款方式的特点？A. 快速B. 灵活C. 费用较低D. 风险较高答案：ABCD5. 国际结算中，以下哪些是信用证结算方式的优点？A. 降低信用风险B. 提高交易效率C. 增加交易成本D. 保护买卖双方利益答案：ABD结束语：以上是国际结算测试题及答案，希望能够帮助您更好地理解和掌握国际结算的相关知识。
国际结算英文选择题附答案
1. To the exporter, the fastest and safest method of settlement is ( B )A. letter of creditB. cash in advanceC. open accountD. banker’s draft2. To the importer, the most favorable method of settlement is ( C )A.letter of creditB. cash in advanceC. open accountD. collection3. Which of the following payment method is based on commercial credit?( C )A.letter of creditB.bank guaranteeC. collectionD. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in each? ( A )A. importer; exporterB. exporter; importerC. importer; importerD. exporter; exporter5. International cash settlement has the following disadvantages except ( B )A. expensiveB. safeC. riskyD. time-consuming6. CHIPS is the electronic clearing system for ( B )A.GBPB. USDYD. EUR7. CHAPS is the electronic clearing system for ( A )A.GBPB. USDYD. EUR8. BOJ-NET is the electronic clearing system for ( D )A. USDB. GBPC.EURD.JPY9. TARGET is the electronic clearing system for ( C )A. USDB. GBPC.EURD.JPY10. CHATS is the electronic clearing system for ( D )A. USDB. GBPC.EURD.HKD11. From a Chinese bank’s point of view , the current account it maintains abroad is known as ( A )A. a nostro accountB. a vostro accountC. a current accountD.a home currency account12. From a Chinese bank’s point of view , the current account maintained by a foreign bank with him is known as （B ）A.a nostro accountB.a vostro accountC.a current accountD.a foreign currency account13. International trade settlement methods are used to complete the money transfer aroused by ( A)A. goods transactionsB. services supplyC. security investmentD. investment incomes14. Documentary credit business is subject to ( A )A. UCP600B.URC522C. URDG758D. ISP9815. Collection business is subject to ( B )A. UCP600B.URC522C. URDG758D. ISP9816. Standby credit business is subject to ( D )A. UCP600B.URC522C. URDG758D. ISP9817.Letter of guarantee business is subject to ( C )A. UCP600B.URC522C. URDG758D. ISP9818. London is the clearing centre for ( B )A. USDB. GBPC.EURD.HKD19. New York is the clearing centre for ( A )A. USDB. GBPC.EURD.HKD20. Tokyo is the clearing centre for ( D )A. USDB. GBPC.EURD.JPY21. Frankfurt is the clearing centre for ( C )A. USDB. GBPC.EURD.HKD22.Among the following documents, the one which is not regarded as control documents is ( D )A. authorized signaturesB. test keysC. schedule of terms and conditionsD. correspondent arrangement23. The seller should arrange for the insurance of the goods transportation under ( C )A.FOBB.CFRC.CIFD.EXW24.（ A ）cheque can be cashed over the counter of paying bank.A. An openB. A crossedC. A general crossingD. A special crossing25. The effect of a blank endorsement is to make a negotiable instrument payable to the （C ）A. specified person B, order of a specified person C. bearer D. named person26. If the bill is payable “60 days after date”, the date of payment is decided according to （C ）A. the date of acceptanceB. the date of presentationC. the date of issuanceD. the date of maturity27. The party to whom the bill is addressed is called the（B ）A. drawerB. draweeC. holderD. payee28. When financing is without recourse, this means that the bank has no recourse to the （D ）if such drafts are dishonored.A. payerB. draweeC. acceptorD. drawer29. The（C ）of a promissory note assumes the prime liability to make payment of the note.A. holderB. draweeC. makerD. acceptor30. The bill which must be presented for acceptance is （B ）A. the bill payable at xx days after dateB. the bill payable xx days after sightC. the bill payable on a fixed dateD. the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be （ A ）A. protestedB. given to the acceptorC. retained in the filesD. presented to a bank32.（C ）is not a holder of a billA. PayeeB. EndorseeC. DrawerD. Bearer33. Which of the following is a relative essential item of a bill ?（B ）A. amountB. tenorC. payeeD. drawee34. An endorsement ,which prohibits the further negotiation of the instrument ,is called （D ）endorsement .A. qualifiedB. generalC. specificD. restrictive35. A check is a （D ）draft drawn on a bankA. timeanceC. directD. demand36. The act which is never involved in promissory note business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation37. The act which is never involved in check business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation38. The acceptor of a bill is the person who originally named as ( B ) of the bill.A. drawerB. draweeC.payeeD.endorser39. The first holder of a bill is the ( C ) of the billA. drawerB. draweeC.payeeD.acceptor40. Among the following crossed cheques, the one which contains the words ( D ) is a special crossed cheque.A. bankerB. not negotiableC. A/C payeeD. Bank of China41. The means of authenticating payment order in mail transfer is the （ D ）A. SWIFT authentic keyB. schedule of terms and conditionsC. test keyD. authorized signatures42. The means of authenticating payment order in telegraphic transfer is the （ C ）A. correspondent arrangementB. schedule of terms and conditionsC. test keyD. authorized signatures43. Which of the following is not a method of remittance? （ C ）A. M/TB. T/TC. T/RD. D/D44. Open account as a payment method is usually used when （ D ）A.goods are sold under the seller’s market conditionB.goods are badly needed by the buyerC.goods are of special standards or special specificationsD.goods are sold under the buyer’s market condition45. If the reimbursement instruction written on the payment order is expressed as ‘in cover , we have credited your A/C with us’, the A/C relationship between the remitting bank and the paying bank must be( A )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks46. If the reimbursement instruction written on the payment order is expressed as ‘in cover, please debit our A/C with you’, the A/C relationship between the remitting bank and the paying bank must be( B )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks47. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have authorized Bank A to debit our A/C and credit your A/Cwith them’, the A/C relationship between the remitting bank and the paying bank must be( C )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks48. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have instructed Bank X to transfer the proceeds to your A/C with bank Y’, the A/C relationship between the remitting bank and the paying bank must be ( D )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks49. It will be more convenient if the collecting bank appointed by the seller（ B ）A. is a large bankB. is the remitting bank’s correspondent in the place of the importerC. is in the exporter’s countryD. acts on the importer’s instructions50. Under D/P, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until （D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer52. In collection business, banks are obligated to check the documents received to see that （C ）A. they are authenticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form53. A bill of exchange which is accompanied by shipping documents is known as （ B ）A. a clean billB. a documentary billC. a clean collectionD. a documentary collection54. In documentary collection, after the goods have been shipped, the exporter presents the documents to （ C ）for collectionA. the collecting bankB. the reimbursing bankC. the remitting bankD. the opening bank55. Which of the following is not the obligation of remitting bank in collection ?（D ）A. to complete a collection order strictly according to the principal’s instructions.B. to perform following all the instructions given by the principal.C. to keep the documents wellD. to examine the contents of documents in detail56. Which of the following is not the obligation of the collecting bank?（B ）A.to verify the authenticity of the collection orderB. to take care of goodsC.to release documents strictly on the delivery terms of documents.D.to perform following all the instructions given by the remitting bank.57.In collection business, the drawer of the draft for collection is ( A )A. sellerB. buyerC. remitting bankD. collecting bank58. In collection business, the drawee of the draft for collection is ( B )A. sellerB. buyerC. remitting bankD. collecting bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by the drawee but with no express statement that they may not be waived, charges will be for the account of ( A ) providing thedrawee refuses to pay them.A. principalB. remitting bankC. collecting bankD. presenting bank60.The price term which is more favorable to the seller under collection is( D )A. EXWB. FOBC. CFRD. CIF61. In L/C business , the exporter can receive the payment only when ( C )A. he has shipped the goodsB.he has presented the documentsC.the documents presented constitute a complying presentationD.the importer has taken delivery of the goods.62. In L/C business, the issuing bank can refuse to pay the credit amount when ( C )A.the applicant prevents him from making paymentB.the goods are not the same as those stipulated in the sales contractC.one kind of document required by L/C isn’t presented.D.balance of the applicant’s account is not enough for payment .63. Of the following kinds of L/C, ( B )is the L/C which requires no drafts at all.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit64. Of the following kinds of L/C, ( C ) is the L/C in which drafts are alwaysrequired.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit65. Of the following kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit66. Of the following kinds of L/C, ( A )is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC. revolving creditD.confirmed credit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit68.Of the following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment under counter trade.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit69. Confirmation of a credit may be given by ( B )A. the beneficiary at the request of the importerB. the advising bank at the request of the issuing bankC. the advising bank after the receipt of correct documentationD. the issuing bank after the receipt of correct documentation70. The credit may only be confirmed if it is so authorized or allowed by ( A )A. the issuing bankB. the supplierC. the advising bankD. the beneficiary71. The second beneficiary of a transferable letter of credit is the ( D )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods72. The first beneficiary of a transferable letter of credit is the ( A )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods73. The red clause credit is often used as a method of ( B )A. providing the buyer with funds prior to shipmentB. providing the seller with funds prior to shipmentC. providing the buyer with funds after shipmentD. providing the seller with funds after shipment74. An applicant must reimburse an issuing bank unless he finds that ( D )A. goods are defectiveB. goods are not as ordered in the sales contractC. documents received do not allow him to clear the goods through customsD. documents do not conform on the face to the terms and conditions of the credit75. Application for any amendment to a letter of credit should be given to the issuing bank by ( A )A. the applicantB. the beneficiaryC. the advising bankD. the nominated bank76. The message type which is used to send a amendment notice of a documentary credit through SWIFT is numbered ( C )A. 700B. 705C. 707D. 71077.Among all the financial methods mentioned bellow , which method provides funds without recourse ？( C )A. packing loansB. bill discountingC. forfaitingD. borrowing docs against T/R78.Under letter of credit, the primary debtor is the( C )A. applicantB. importerC. issuing bankD. nominated bank79. The applicant of letter of credit is ( B )A. the exporterB. the importerC. the exporter’s bankD. the importer’sbank80. The beneficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter’s bankD. the importer’sbank81.A letter of credit which is expired on Oct. 1, 2008 specifies that “documents must be presented within 15days after the on board date of bill of lading”. If the on board date of bill of lading is Sep. 10,2008, the latest date of presentation must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882. If there is no indication in the credit of the insurance coverage required, the amount of insurance coverage must be at least ( C ) of the CIF or CIP value of the goods.A. 100%B.105%C. 110%D.120%83. Which of the following actions performed by the nominated bank is not regard as the action of honor( D )A. to pay at sight under sight payment creditB. to incur a deferred payment undertaking and pay at maturity under deferred payment creditC. to accept the draft and pay at maturity under acceptance creditD. to negotiate under negotiation credit84. Complying presentation under letter of credit means a presentation that is in accordance with the terms and conditions of credit, the applicable rules of UCP and provisions of ( B )A. ISP98B. ISBP681C. ICC Publication No.522D.ICC Publication No. 75885. Among the following banks, the one who has no obligation to examine documents under letter of credit is ( C )A. the issuing bankB. the confirming bankC. the reimbursing bankD. the nominated bank86.The following are the financing methods which can be used by the seller inL/C business except ( D )A. negotiating the documentary draft to his bankA.applying for packing loans from his bankB.discounting the time draft already accepted by the drawee bankD. Borrowing docs from issuing bank against T/R87.The following are the financing methods which can be used by the buyer inL/C business except ( D )A.applying for issuing L/C with no margin requirement.B.borrowing docs from issuing bank against T/RC.taking the goods from shipping company against indemnity guarantee signed by the issuing bank.D.applying for packing loans from his bank88. A bill of lading doesn't function as ( D )A. a contract of transportationB. a receipt of goodsC a certificate of title to the goods D. an accounting document89. The drawee of a draft drawn under letter of credit may be ( C )A. the beneficiaryB. the applicantC. the issuing bankD. the negotiating bank90. If the bill of lading is made out to order , it must be endorsed by （ B ）so as to complete the transfer of the title to the goods .A. the carrierB. the shipperC. the notify partyD. the nominated bank。
国际结算双语考卷答案
第1页共5页
一个正当持票人指的是一个善意得到一张可流通票据的人。
Part III 简答题（中文或者英文回答）
1 汇票与支票的区别（P74 各选 3 点）
种类
汇票
本票
项目
性质不同
无条件的支付命令
无条件的支付承
诺
不 基本当事人不同
三个：出票人、付款人、 两个： 制票人/付
同
收款人
款人、收款人
点 是否需要承兑
____Wang Benshan_(manager)____
_________________________________________________________________
Space for endorsement:
For collection pay to the order of Bank of China, Hongkong Branch For Bank of China, shanghai Branch
广西大学行健文理学院课程考试
试卷答案要点及评分细则
课程名称： 国际结算（双语） 考试班级：2007 级国贸各班
试卷类型：期中考试卷
命题教师签名：
2010 年 5 月 14 日
Part I 单选题
1-5 CBCAD
6-10 DAADD
Part II 翻译题 Please translate the following sentences from English to Chinese.
第3页共5页
B）出票后，请按照如下要求做出托收记名背书行为 中国银行上海分行作出托收记名背书给中国银行香港分行
EXCHANGE for_USD 50000_
国际结算考试题及答案
国际结算考试题及答案背景介绍：国际结算是指跨国贸易中，买方和卖方之间的货款支付和收取的过程。
它是国际贸易中非常重要的环节，对于促进国际贸易的顺利进行具有重要意义。
本文将介绍一些与国际结算相关的考试题目，并提供相应的答案。
一、选择题1. 信用证是国际贸易中的一种支付方式，下列关于信用证的说法正确的是：A. 信用证是由卖方发行的支付工具。
B. 信用证是由买方发行的支付工具。
C. 信用证是由国际结算机构发行的支付工具。
D. 信用证是由运输公司发行的支付工具。
答案：C. 信用证是由国际结算机构发行的支付工具。
2. T/T（Telegraphic Transfer）是国际贸易中常用的一种支付方式，下列关于T/T的说法正确的是：A. T/T是一种即时支付方式，资金可以立即到账。
B. T/T是一种延期支付方式，资金到账时间较长。
C. T/T只适用于小额的国际贸易支付。
D. T/T是由卖方向买方发出的支付工具。
答案：A. T/T是一种即时支付方式，资金可以立即到账。
二、简答题1. 请简要说明国际结算中的汇率风险是什么？并提出相应对策。
汇率风险是指由于汇率波动导致国际贸易中货款金额的不确定性，可能导致收款或付款方在结算时面临损失的风险。
为降低汇率风险，可采取以下对策：- 使用远期汇率协议，锁定未来汇率，降低汇率波动带来的不确定性。
- 多元化货币使用，将风险分散在不同的货币中。
- 建立汇率风险管理策略，根据市场走势及时调整结算计划。
2. 请分析电汇和托收两种国际结算方式的特点，并比较它们的优缺点。
电汇和托收是国际结算中常用的两种方式。
其特点及优缺点如下：- 电汇：电汇是一种即时支付方式，资金可以立即到账，速度较快。
优点是快捷便利，适用于对资金到账速度有要求的贸易。
缺点是手续费较高，且一旦支付完成，无法撤销。
- 托收：托收是指卖方将汇票交由银行代收，买方在付款时银行才向卖方支付。
优点是安全可靠，银行承担了一定的责任，适用于双方信任度较低的贸易。
国际结算英语试题及答案
国际结算英语试题及答案一、选择题（每题2分，共20分）1. What is the most common type of documentary credit used in international trade?A. Documentary credit at sightB. Usance documentary creditC. Standby documentary creditD. Revolving documentary credit答案：B2. In international settlements, which of the following is not considered a method of payment?A. Letter of creditB. RemittanceC. CollectionD. Barter答案：D3. What does the term "D/P" stand for in international trade?A. Document against paymentB. Document against acceptanceC. Direct paymentD. Deferred payment答案：A4. Which of the following is a risk associated with documentary collections?A. Political riskB. Credit riskC. Exchange rate riskD. All of the above答案：B5. The term "usance" in the context of a usance documentary credit refers to:A. The time it takes for the documents to be presentedB. The time it takes for the payment to be madeC. The time it takes for the goods to be shippedD. The time it takes for the goods to be received答案：B6. What is the primary purpose of a documentary credit?A. To guarantee paymentB. To facilitate the transfer of documentsC. To provide a means of exchangeD. To finance the purchase of goods答案：A7. In international trade, what does "L/C" stand for?A. Letter of creditB. Letter of guaranteeC. Letter of indemnityD. Letter of intent答案：A8. Which of the following is not a document typically required in a documentary credit transaction?A. Commercial invoiceB. Bill of ladingC. Certificate of originD. Personal identification答案：D9. What is the meaning of "at sight" in the context of a documentary credit?A. Payment is made immediately upon presentation of documentsB. Payment is made after a specified periodC. Payment is made at the discretion of the bankD. Payment is made at the time of shipment答案：A10. Which of the following is a form of open account trade?A. Advance paymentB. ConsignmentC. CountertradeD. All of the above答案：A二、填空题（每题1分，共10分）11. The term "clean bill of exchange" refers to a bill of exchange that is _________.答案：unsecured12. The _________ is a document that provides evidence of the terms of a contract for the sale of goods.答案：sales contract13. In international trade, the term "forfaiting" refers to the sale of _________ at a discount.答案：usance bills of exchange14. The _________ is a document that certifies the quality, quantity, and description of the goods being shipped.答案：certificate of inspection15. A _________ is a type of documentary credit that can be drawn more than once within a specified period.答案：revolving documentary credit16. The _________ is a document that provides evidence of the insurance of goods during transit.答案：insurance policy17. The term "acceptance" in the context of a bill of exchange means that the _________ has agreed to pay the amount stated at a future date.答案：drawee18. The _________ is a document that provides evidence of the origin of the goods being shipped.答案：certificate of origin19. A _________ is a type of documentary credit that isissued by a bank at the request of the importer.答案: usance documentary credit20. The term "back-to-back" documentary credit refers to a situation where one documentary credit is _________ on the basis of another.答案：issued三、简答题（每题5分，共30分）21. Explain the difference between a documentary collection and a documentary credit.答案：A documentary collection involves the transfer of documents against payment or acceptance, without a bank guaranteeing payment. A documentary credit, on the other hand, is a commitment by a bank to pay a specified amount to the beneficiary upon fulfillment of the terms and conditionsstated in the credit.22. What are the advantages of using a documentary credit in international trade?答案：The advantages of using a documentary creditinclude providing a guarantee of payment, reducing the riskfor the exporter, ensuring that the terms of the contract are met,。
国际结算英文选择题附答案完整版
国际结算英文选择题附答案HEN system office room 【HEN16H-HENS2AHENS8Q8-HENH1688】1. To the exporter, the fastest and safest method of settlement is ( B )A. letter of creditB. cash in advanceC. open accountD. banker’s draft2. To the importer, the most favorable method of settlement is ( C )of credit B. cash in advance C. open account D. collection3. Which of the following payment method is based on commercialcredit?( C )of credit guarantee C. collection D. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in each? ( A )A. importer; exporterB. exporter; importerC. importer; importerD. exporter; exporter5. International cash settlement has the following disadvantages except ( B )A. expensiveB. safeC. riskyD. time-consuming6. CHIPS is the electronic clearing system for ( B )B. USD D. EUR7. CHAPS is the electronic clearing system for ( A )B. USD D. EUR8. BOJ-NET is the electronic clearing system for ( D )A. USDB. GBP9. TARGET is the electronic clearing system for ( C )A. USDB. GBP10. CHATS is the electronic clearing system for ( D )A. USDB. GBP11. From a Chinese bank’s point of view , the current account it maintains abroad is known as ( A )A. a nostro accountB. a vostro accountC. a current account home currency account12. From a Chinese bank’s point of view , the current account maintained by a foreign bank with him is known as （B ）nostro account vostro accountcurrent account foreign currency account13. International trade settlement methods are used to complete the money transfer aroused by ( A)A. goods transactionsB. services supplyC. security investmentD. investment incomes14. Documentary credit business is subject to ( A )A. UCP600 522 C. URDG758 D. ISP9815. Collection business is subject to ( B )A. UCP600 522 C. URDG758 D. ISP9816. Standby credit business is subject to ( D )A. UCP600 522 C. URDG758 D. ISP98of guarantee business is subject to ( C )A. UCP600 522 C. URDG758 D. ISP9818. London is the clearing centre for ( B )A. USDB. GBP19. New York is the clearing centre for ( A )A. USDB. GBP20. Tokyo is the clearing centre for ( D )A. USDB. GBP21. Frankfurt is the clearing centre for ( C )A. USDB. GBPthe following documents, the one which is not regarded as control documents is ( D )A. authorized signaturesB. test keysC. schedule of terms and conditionsD. correspondent arrangement23. The seller should arrange for the insurance of the goodstransportation under ( C )24.（ A ） cheque can be cashed over the counter of paying bank.A. An openB. A crossedC. A general crossingD. A special crossing25. The effect of a blank endorsement is to make a negotiable instrument payable to the （ C ）A. specified person B, order of a specified person C. bearer D. named person26. If the bill is pay able “60 days after date”, the date of payment is decided according to （ C ）A. the date of acceptanceB. the date of presentationC. the date of issuanceD. the date of maturity27. The party to whom the bill is addressed is called the（ B ）A. drawerB. draweeC. holderD. payee28. When financing is without recourse, this means that the bank has no recourse to the （ D ）if such drafts are dishonored.A. payerB. draweeC. acceptorD. drawer29. The（ C ） of a promissory note assumes the prime liability to make payment of the note.A. holderB. draweeC. makerD. acceptor30. The bill which must be presented for acceptance is （ B ）A. the bill payable at xx days after dateB. the bill payable xx days after sightC. the bill payable on a fixed dateD. the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be （ A ）A. protestedB. given to the acceptorC. retained in the filesD. presented to a bank32.（ C ）is not a holder of a billA. PayeeB. EndorseeC. DrawerD. Bearer33. Which of the following is a relative essential item of a bill ?（ B ）A. amountB. tenorC. payeeD. drawee34. An endorsement ,which prohibits the further negotiation of the instrument ,is called （ D ）endorsement .A. qualifiedB. generalC. specificD. restrictive35. A check is a （ D ）draft drawn on a bankA. time C. direct D. demand36. The act which is never involved in promissory note business is（ C ）37. The act which is never involved in check business is （ C ）38. The acceptor of a bill is the person who originally named as ( B ) ofthe bill.A. drawerB. drawee39. The first holder of a bill is the ( C ) of the billA. drawerB. drawee40. Among the following crossed cheques, the one which contains the words ( D ) is a special crossed cheque.A. bankerB. not negotiableC. A/C payeeD. Bank of China41. The means of authenticating payment order in mail transfer is the（ D ）A. SWIFT authentic keyB. schedule of terms and conditionsC. test keyD. authorized signatures42. The means of authenticating payment order in telegraphic transfer is the（ C ）A. correspondent arrangementB. schedule of terms and conditionsC. test keyD. authorized signatures43. Which of the following is not a method of remittance? （ C ）A. M/TB. T/TC. T/RD. D/D44. Open account as a payment method is usually used when （ D ）are sold under the seller’s market conditionare badly needed by the buyerare of special standards or special specificationsare sold under the buyer’s market condition45. If the reimbursement instruction written on the payment order is expressed as ‘in cover , we have credited your A/C with us’, the A/C relationship between the remitting bank and the paying bank must be( A )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks46. If the reimbursement instruction written on the payment order is expressed as ‘in cover, please debit our A/C with you’, the A/C relationship between the remitting bank and the paying bank must be( B )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks47. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have authorized Bank A to debit our A/C and credit your A/C with them’, the A/C relationship between the remitting bank and the paying bank must be( C )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks48. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have instructed Bank X to transfer the proceeds to your A/C with bank Y’, the A/C relationship between the remitting bank and the paying bank must be ( D )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks49. It will be more convenient if the collecting bank appointed by the seller （ B ）A. is a large bankB. is the remitting bank’s correspondent in the place of the importerC. is in the exporter’s countryD. acts on the importer’s instructions50. Under D/P, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer52. In collection business, banks are obligated to check the documents received to see that （ C ）A. they are authenticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form53. A bill of exchange which is accompanied by shipping documents is known as （ B ）A. a clean billB. a documentary billC. a clean collectionD. a documentary collection54. In documentary collection, after the goods have been shipped, the exporter presents the documents to （ C ）for collectionA. the collecting bankB. the reimbursing bankC. the remitting bankD. the opening bank55. Which of the following is not the obligation of remitting bank in collection ?（ D ）A. to complete a collection order strictly according to the principal’s instructions.B. to perform following all the instructions given by the principal.C. to keep the documents wellD. to examine the contents of documents in detail56. Which of the following is not the obligation of the collecting bank?（ B ）verify the authenticity of the collection orderB. to take care of goodsrelease documents strictly on the delivery terms of documents.perform following all the instructions given by the remitting bank.collection business, the drawer of the draft for collection is ( A )A. sellerB. buyerC. remitting bankD. collecting bank58. In collection business, the drawee of the draft for collection is( B )A. sellerB. buyerC. remitting bankD. collecting bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by the drawee but with no express statement that they may not be waived, charges will be for the account of ( A ) providing the drawee refuses to pay them.A. principalB. remitting bankC. collecting bankD. presenting bank price term which is more favorable to the seller under collection is ( D )A. EXWB. FOBC. CFRD. CIF61. In L/C business , the exporter can receive the payment only when ( C )A. he has shipped the goodshas presented the documentsdocuments presented constitute a complying presentationimporter has taken delivery of the goods.62. In L/C business, the issuing bank can refuse to pay the credit amount when ( C )applicant prevents him from making paymentgoods are not the same as those stipulated in the sales contract kind of document required by L/C isn’t presented.of the applicant’s account is not enough for payment .63. Of the following kinds of L/C, ( B )is the L/C which requires nodrafts at all.payment creditpayment creditcreditcredit64. Of the following kinds of L/C, ( C ) is the L/C in which drafts are always required.payment creditpayment creditcreditcredit65. Of the following kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.creditcreditcreditto back credit66. Of the following kinds of L/C, ( A )is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC. revolving creditcredit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments.creditcreditcreditto back creditthe following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment under counter trade.creditcreditcreditto back credit69. Confirmation of a credit may be given by ( B )A. the beneficiary at the request of the importerB. the advising bank at the request of the issuing bankC. the advising bank after the receipt of correct documentationD. the issuing bank after the receipt of correct documentation70. The credit may only be confirmed if it is so authorized or allowed by ( A )A. the issuing bankB. the supplierC. the advising bankD. the beneficiary71. The second beneficiary of a transferable letter of credit is the( D )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods72. The first beneficiary of a transferable letter of credit is the( A )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods73. The red clause credit is often used as a method of ( B )A. providing the buyer with funds prior to shipmentB. providing the seller with funds prior to shipmentC. providing the buyer with funds after shipmentD. providing the seller with funds after shipment74. An applicant must reimburse an issuing bank unless he finds that( D )A. goods are defectiveB. goods are not as ordered in the sales contractC. documents received do not allow him to clear the goods through customsD. documents do not conform on the face to the terms and conditions of the credit75. Application for any amendment to a letter of credit should be given to the issuing bank by ( A )A. the applicantB. the beneficiaryC. the advising bankD. the nominated bank76. The message type which is used to send a amendment notice of a documentary credit through SWIFT is numbered ( C )A. 700B. 705C. 707D. 710all the financial methods mentioned bellow , which method provides funds without recourse ？ ( C )A. packing loansB. bill discountingC. forfaitingD. borrowing docs against T/Rletter of credit, the primary debtor is the( C )A. applicantB. importerC. issuing bankD. nominated bank79. The applicant of letter of credit is ( B )A. the exporterB. the importerC. the exporter’s bankD. theimporter’s bank80. The beneficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter’s bankD. theimporter’s bankletter of credit which is expired on Oct. 1, 2008 specifies that “documents must be presented within 15days after the on board date ofbill of lading”. If the on board date of bill of lading is Sep. 10,2008, the latest date of presentation must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882. If there is no indication in the credit of the insurance coverage required, the amount of insurance coverage must be at least ( C ) of the CIF or CIP value of the goods.A. 100% % C. 110% %83. Which of the following actions performed by the nominated bank is not regard as the action of honor( D )A. to pay at sight under sight payment creditB. to incur a deferred payment undertaking and pay at maturity underdeferredpayment creditC. to accept the draft and pay at maturity under acceptance creditD. to negotiate under negotiation credit84. Complying presentation under letter of credit means a presentationthat is in accordance with the terms and conditions of credit, the applicable rules of UCP and provisions of ( B )A. ISP98B. ISBP681C. ICC Publication Publication No. 75885. Among the following banks, the one who has no obligation to examine documents under letter of credit is ( C )A. the issuing bankB. the confirming bankC. the reimbursing bankD. the nominated bankfollowing are the financing methods which can be used by the seller inL/C business except ( D )A. negotiating the documentary draft to his bankA.applying for packing loans from his bankB.discounting the time draft already accepted by the drawee bankD. Borrowing docs from issuing bank against T/Rfollowing are the financing methods which can be used by the buyer in L/C business except ( D )for issuing L/C with no margin requirement.docs from issuing bank against T/Rthe goods from shipping company against indemnity guarantee signed by the issuing bank.for packing loans from his bank88. A bill of lading doesn't function as ( D )A. a contract of transportationB. a receipt of goodsC a certificate of title to the goods D. an accounting document89. The drawee of a draft drawn under letter of credit may be ( C )A. the beneficiaryB. the applicantC. the issuing bankD. the negotiating bank90. If the bill of lading is made out to order , it must be endorsed by （ B ）so as to complete the transfer of the title to the goods .A. the carrierB. the shipperC. the notify partyD. the nominated bank。
国际结算英文选择题90附答案
1. To the exporter, the fastest and safest method of settlement is ( B)A. letter of creditB. cash in advanceC. open accountD. banker’s draft2. To the importer, the most favorable method of settlement is ( C )A.letter of creditB. cash in advanceC. open accountD. collection3. Which of the following payment method is based on mercial credit?( C )A.letter of creditB.bank guaranteeC. collectionD. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in each? ( A )A.importer; exporterB. exporter; importerC. importer; importerD. exporter; exporter5. International cash settlement has the following disadvantages except ( B )A. expensiveB. safeC. riskyD. time-consuming6. CHIPS is the electronic clearing system for ( B)A.GBPB. USDC.YD. EUR7. CHAPS is the electronic clearing system for ( A )A.GBPB. USDC.YD. EUR8. BOJ-NET is the electronic clearing system for ( D )A. USDB. GBPC.EURD.JPY9. TARGET is the electronic clearing system for ( C )A. USDB. GBPC.EURD.JPY10. CHATS is the electronic clearing system for ( D )A. USDB. GBPC.EURD.HKD11. From a Chinese bank’s point of view , the current account it maintains abroad is known as ( A )A. a nostro accountB. a vostro accountC. a current accountD.a home currency account12. From a Chinese bank’s point of view , the current account maintained by a foreign bank with him is known as （B ）A.a nostro accountB.a vostro accountC.a current accountD.a foreign currency account13. International trade settlement methods are used to plete the money transfer aroused by (A)A. goods transactionsB. services supplyC. security investmentD. investment ines14. Documentary credit business is subject to ( A )A. UCP600B.URC522C. URDG758D. ISP9815. Collection business is subject to ( B )A. UCP600B.URC522C. URDG758D. ISP9816. Standby credit business is subject to ( D )A. UCP600B.URC522C. URDG758D. ISP9817.Letter of guarantee business is subject to ( C )A. UCP600B.URC522C. URDG758D. ISP9818. London is the clearing centre for ( B )A. USDB. GBPC.EURD.HKD19. New York is the clearing centre for ( A )A. USDB. GBPC.EURD.HKD20. Tokyo is the clearing centre for ( D )A. USDB. GBPC.EURD.JPY21. Frankfurt is the clearing centre for ( C )A. USDB. GBPC.EURD.HKD22.Among the following documents, the one which is not regarded as control documents is ( D )A. authorized signaturesB. test keysC.schedule of terms and conditionsD. correspondent arrangement23. The seller should arrange for the insurance of the goods transportation under ( C )A.FOBB.CFRC.CIFD.EXW24.（ A ）cheque can be cashed over the counter of paying bank.A. An openB. A crossedC. A general crossingD. A special crossing25. The effect of a blank endorsement is to makea negotiable instrument payable to the （C ）A. specified person B, order of a specified person C. bearer D. named person26. If the bill is payable “60 days after date”, the date of payment is decided according to （C ）A. the date of acceptanceB. the date of presentationC. the date of issuanceD. the date of maturity27. The party to whom the bill is addressed is called the（B ）A. drawerB. draweeC. holderD. payee28. When financing is without recourse, this means that the bank has no recourse to the （D ）if such drafts are dishonored.A. payerB. draweeC. acceptorD. drawer29. The（C ）of a promissory note assumes the prime liability to make payment of the note.A. holderB. draweeC. makerD. acceptor30. The bill which must be presented for acceptance is （B ）A. the bill payable at xx days after dateB. the bill payable xx days after sightC. the bill payable on a fixed dateD. the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be （ A ）A. protestedB. given to the acceptorC. retained in the filesD. presented to a bank32.（C ）is not a holder of a billA. PayeeB. EndorseeC. DrawerD. Bearer33. Which of the following is a relative essential item of a bill ?（B ）A. amountB. tenorC. payeeD. drawee34. An endorsement ,which prohibits the further negotiation of the instrument ,is called （D ）endorsement .A. qualifiedB. generalC. specificD. restrictive35. A check is a （D ）draft drawn on a bankA. timeanceC. directD. demand36. The act which is never involved in promissory note business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation37. The act which is never involved in check business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation38. The acceptor of a bill is the person who originally named as ( B ) of the bill.A. drawerB. draweeC.payeeD.endorser39. The first holder of a bill is the (C) of the billA. drawerB. draweeC.payeeD.acceptor40. Among the following crossed cheques, the one which contains the words ( D ) isa special crossed cheque.A.bankerB. not negotiableC. A/C payeeD. Bank of China41. The means of authenticating payment order inmail transfer is the （ D ）A. SWIFT authentic keyB. schedule of terms and conditionsC. test keyD. authorized signatures42. The means of authenticating payment order in telegraphic transfer is the（ C ）A. correspondent arrangementB. schedule of terms and conditionsC. test keyD. authorized signatures43. Which of the following is not a method of remittance? （ C ）A. M/TB. T/TC. T/RD. D/D44. Open account as a payment method is usually used when （ D ）A.goods are sold under the seller’s market conditionB.goods are badly needed by the buyerC.goods are of special standards or special specificationsD.goods are sold under the buyer’s market condition45. If the reimbursement instruction written on the payment order is expressed as ‘in cover , we have credited your A/C with us’, the A/C relationship between the remitting bank and the paying bank must be( A)A.the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a third bankD.remitting bank and paying bank have their A/Cs with two different banks46.If the reimbursement instruction written on the payment order is expressed as ‘in cover, please debit our A/C with you’, the A/C relationship between the remitting bank and the paying bank must be( B )A.the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a third bankD.remitting bank and paying bank have their A/Cs with two different banks47. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have authorized Bank A to debit our A/C and credit your A/C with them’, the A/C relationship between the remitting bank and the paying bank must be( C )A.the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a third bankD.remitting bank and paying bank have their A/Cs with two different banks48. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have instructed Bank X to transfer the proceeds to your A/C with bank Y’, the A/C relationship between the remitting bank and the paying bank must be( D )A.the paying bank maintains an A/C with remitting bankB.the remitting bank maintains an A/C with paying bankC.both remitting bank and paying bank maintain their A/Cs with a third bankD.remitting bank and paying bank have their A/Cs with two different banks49. It will be more convenient if the collecting bank appointed by the seller （ B ）A. is a large bankB. is the remitting bank’s correspondent in the place of the importerC. is in the exporter’s countryD. acts on the importer’s instructions50. Under D/P, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until （D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer52. In collection business, banks are obligated to check the documents received to see that （C ）A. they are authenticB. they are regularC. they are the same as those listedin the collection instructionD. they are in the right form53. A bill of exchange which is acpanied by shipping documents is known as （ B ）A. a clean billB. a documentary billC. a clean collectionD. a documentary collection54. In documentary collection, after the goods have been shipped, the exporter presents the documents to （ C ）for collectionA. the collecting bankB. the reimbursing bankC. the remitting bankD. the opening bank55. Which of the following is not the obligation of remitting bank in collection ?（D ）A.to plete a collection order strictly according to the principal’s instructions.B. to perform following all the instructions given by the principal.C. to keep the documents wellD. to examine the contents of documents in detail56. Which of the following is not the obligation of the collecting bank?（B ）A.to verify the authenticity of the collection orderB. to take care of goodsC.to release documents strictly on the delivery terms of documents.D.to perform following all the instructions given by the remitting bank.57.In collection business, the drawer of the draft for collection is ( A)A. sellerB. buyerC. remitting bankD. collecting bank58. In collection business, the drawee of the draft for collection is ( B )A. sellerB. buyerC. remitting bankD. collecting bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by the drawee but with no express statement that they may not be waived, charges will be for the account of ( A) providing the drawee refuses to pay them.A. principalB. remitting bankC. collecting bankD. presenting bank60.The price term which is more favorable to the seller under collection is ( D )A. EXWB. FOBC. CFRD. CIF61. In L/C business , the exporter can receive the payment only when ( C )A. he has shipped the goodsB.he has presented the documentsC.the documents presented constitute a plying presentationD.the importer has taken delivery of the goods.62. In L/C business,the issuing bank can refuse to pay the credit amount when ( C )A.the applicant prevents him from making paymentB.the goods are not the same as those stipulated in the sales contractC.one kind of document required by L/C isn’t presented.D.balance of the applicant’s account is not enough for payment .63. Of the following kinds of L/C, ( B)is the L/C which requires no drafts at all.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit64. Of the following kinds of L/C, ( C ) is the L/C in which drafts are always required.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit65. Of the following kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit66. Of the following kinds of L/C, ( A )is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC. revolving creditD.confirmed credit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit68.Of the following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment under countertrade.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit69. Confirmation of a credit may be given by (B)A. the beneficiary at the request of the importerB. the advising bank at the request of the issuing bankC. the advising bank after the receipt of correct documentationD. the issuing bank after the receipt of correct documentation70. The credit may only be confirmed if it is so authorized or allowed by ( A )A. the issuing bankB. the supplierC. the advising bankD. the beneficiary71. The second beneficiary of a transferable letter of credit is the ( D )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods72. The first beneficiary of a transferable letter of credit is the ( A )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods73. The red clause credit is often used as a method of (B )A. providing the buyer with funds prior to shipmentB. providing the seller with funds prior to shipmentC. providing the buyer with funds after shipmentD. providing the seller with funds after shipment74. An applicant must reimburse an issuing bank unless he finds that ( D )A. goods are defectiveB. goods are not as ordered in the sales contractC. documents received do not allow him to clear the goods through customsD. documents do not conform on the face to the terms and conditions of the credit75. Application for any amendment to a letter of credit should be given to the issuing bank by ( A )A. the applicantB. the beneficiaryC. the advising bankD. the nominated bank76. The message type which is used to send a amendment notice of a documentary credit through SWIFT is numbered ( C )A. 700B. 705C. 707D. 71077.Among all the financial methods mentioned bellow , which method provides funds without recourse ？( C )A. packing loansB. bill discountingC. forfaitingD. borrowing docs against T/R78.Under letter of credit, the primary debtor is the( C )A. applicantB. importerC. issuing bankD. nominated bank79. The applicant of letter of credit is ( B )A. the exporterB. the importerC. the exporter’s bankD. the importer’s bank80. The beneficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter’s bankD. the importer’s bank81.A letter of credit which is expired on Oct. 1, 2008 specifies that “documents must be presented within 15days after the on board date of bill of lading”. If the on board date of billof lading is Sep. 10,2008, the latest date of presentation must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882. If there is no indication in the credit of the insurance coverage required, the amount of insurance coverage must be at least ( C ) of the CIF or CIP value of the goods.A. 100%B.105%C. 110%D.120%83. Which of the following actions performed by the nominated bank is not regard as the action of honor( D )A. to pay at sight under sight payment creditB. to incur a deferred payment undertaking and pay at maturity under deferred payment creditC. to accept the draft and pay at maturity under acceptance creditD. to negotiate under negotiation credit84. plying presentation under letter of credit means a presentation that is in accordance with the terms and conditions of credit, the applicable rules of UCP and provisions of ( B )A. ISP98B. ISBP681C. ICC Publication No.522D.ICC Publication No. 75885. Among the following banks, the one who has no obligation to examine documents under letter of credit is ( C )A. the issuing bankB. the confirming bankC. the reimbursing bankD. the nominated bank86.The following are the financing methods which can be used by the seller in L/C business except ( D )A.negotiating the documentary draft to his bankA.applying for packing loans from his bankB.discounting the time draft already accepted by the drawee bankD.Borrowing docs from issuing bank against T/R87.The following are the financing methods which can be used by the buyer in L/C business except ( D )A.applying for issuing L/C with no margin requirement.B.borrowing docs from issuing bank against T/RC.taking the goods from shipping pany against indemnity guarantee signed by the issuing bank.D.applying for packing loans from his bank88. A bill of lading doesn't function as ( D )A. a contract of transportationB. a receipt of goodsC a certificate of title to the goods D. an accounting document89. The drawee of a draft drawn under letter of credit may be ( C )A. the beneficiaryB. the applicantC. the issuing bankD. the negotiating bank90. If the bill of lading is made out to order , it must be endorsed by （ B ）so as to plete the transfer of the title to the goods .A.the carrierB.the shipperC.the notify partyD.the nominated bank。
国际结算试卷答案最全版
一、单项选择题1、〔D〕信用证规定受益人开立远期汇票，但能即期收款，受票人到期支付，开证申请人承当贴现息和承兑费。
A、即期付款B、延期付款C、承兑D、假远期2、以下属于信用证条款中开证行保证文句的是〔B〕。
A、Letter of guarantee and discrepancies are not acceptable.B、We hereby undertake to honor all drafts drawn in accordance with terms of this credit.C、One copy of commercial invoice and packing list should be sent to the credit openers 15 days before shipment.D、Drafts to be drawn for full CIF value less 5% commission, invoice to show full CIF value.3、可转让信用证下办理交货的是〔D〕。
A、第一受益人B、开证申请人C、中间商D、第二受益人4、如信用证未作规定，那么汇票的付款人是〔C〕。
A、开证申请人B、受益人C、开证行D、议付行5、汇票的抬头做成指示样式，说明〔D〕。
A、汇票不能通过背书转让B、汇票无须通过背书即可转让C、仅能由银行转让D、须通过背书方能转让6、〔D〕在商业单据中处于核心地位。
A、海关发票B、海运提单C、保险单据D、商业发票7、信用证项下商业发票的抬头人一般是〔B〕。
A、出口商B、开证申请人C、开证行D、议付行8、某合同和相关的信用证都规定交易货物为纸箱包装1500台电风扇，不允许分批装运。
但在装船时发现，有30个纸箱破损，其中电风扇外罩变形，不能出运。
受益人〔B〕。
A、可引用国际贸易中有关溢短装的惯例，出运1470台电风扇B、可引用国际贸易中有关溢短装的惯例，出运1425台电风扇C、只能另换30台包装完好、品质合格的电风扇，合成1500台一次性出运9、信用证上所称的“唛头〞，是指〔D〕。
国际结算(英文版)清华大学出版社答案.doc
KEY OF INTERNATIONAL SETTLEMENTChapter 12.Put the following sentences into English(1)国际结算涉及有形贸易和无形贸易，外国投资，从其他国家借贷资金，等等。
The international settlement involves tangible trades, intangible trades, foreign investments, funds borrowed from or lent to other countries and so on.⑵ 许多银行注重发展国际结算和贸易融资的业务。
Many banks have focused on their business of international settlement and trade finance.⑶大多数国际间的支付来自于世界贸易。
Most of the international payments originate from transactions in the world trade.(4) 一般来说，国际结算的方式分为三类：汇款、托收和信用证。
Usually the international settlement is divided into three broad categories: remittance, collection and letter of credit.3.True or False1)International payments and settlements are financial activities conducted in the domestic country.(F)2)Fund transfers are processed and settled through certain clearing systems.(T)3)Using the SWIFT network, banks can communicate with both customers and colleagues in astructured, secure, and timely manner.(T)4)SWIFT can achieve same day transfer.(T)4.Multiple Choice1)SWIFT is BA.in the united statesB. a kind of communications belonging to TT system for interbank's fund transferC.an institution of the United NationsD. a governmental organization2)SWIFT is an organization based in AA.BrusselsB.New YorkC.LondonD.Hong Kong3) A facility in fund arrangement for buyers or sellers is referred to AA.trade financeB.sale contractC.letter of creditD.bill of exchange4)Fund transfers are processed and settled through CA.banksB.SWIFTC.clearing systemD.telecommunication systems5) C is the reason why international trade first began.A.Uneven distribution of resourcesB.Patterns of demandC.Economic benefitsparative advantages5.Answer the following questions1)Where are the medium of exchange originated from?Tracing back the history of international settlement, the medium of exchange originated from coins to notes.2)What will inevitably lead to under the international political, economic and cultural exchanges?The international political, economic and cultural exchange inevitably leads to credits and debts owed by one country to another.3)Why do banks focus on the development of the businesses of international settlement? Banksfocus more and more on the development of the businesses because it is a major resource ofprofits.4)What will banks do to meet the higher and higher demand of the international market? Banksneed to develop innovative products and deliver the best services possible in whatever way they can.Chapter 2(1)用于国际结算的货币是可兑换的货币。
国际结算(英文版)清华大学出版社答案
KEYOF INTERNATIONAL SETTLEMENTChapter11.Put the following phrases into English贸易壁垒trade barrier进口关税import tariff全球经济一体化ec onomic glob alization资金转移und transfer有形贸易tangible trade无形贸易intangible trade国际惯例international customs and practices全球金融同业通讯协会SWIFT2.Put the following sentences into English(1)国际结算涉及有形贸易和无形贸易，外国投资，从其他国家借贷资金，等等。
The international settlement involves tangible trades,intangible trades,foreign investments, funds borrowed from or lent to other countries and so on.(2)许多银行注重发展国际结算和贸易融资的业务。
Many banks have focused on their business of international settlement and trade finance. (3)大多数国际间的支付来自于世界贸易。
Most of the international payments originate from transactions in the world trade.(4)一般来说，国际结算的方式分为三类：汇款、托收和信用证。
Usually the international settlement is divided into three broad categories:remittance, collection and letter of credit.3.True or False1)International payments and settlements are financial activities conducted in the domesticcountry.(F)2)Fund transfers are processed and settled through certain clearing systems.(T)3)Using the SWIFTnetwork,banks can communicate with both customers and colleagues in astructured,secure,and timely manner.(T)4)SWIFTcan achieve same day transfer.(T)4.Multiple Choice1)SWIFTis__B__A.in the united statesB.a kind of communications belonging to TT system for interbank’ｓfund transferC.an institution of the United NationsD.a governmental organization2)SWIFTis an organization based in__A___A.BrusselsB.New YorkC.LondonD.Hong Kong3)A facility in fund arrangement for buyers or sellers is referred to__A___A.trade financeB.sale contractC.letter of creditD.bill of exchange4)Fund transfers are processed and settled through__C___A.banksB.SWIFTC.clearing systemD.telecommunication systems5)__C__isthe reason why international trade first began.A.Uneven distribution of resourcesB.Patterns of demandC.Economic benefitsparative advantages5.Answer the following questions1)Where are the medium of exchange originated from?Tracing back the history of international settlement,the medium of exchange originated from coins to notes.2)What will inevitably lead to under the international political,economic and culturalexchanges?The international political,economic and cultural exchange inevitably leads to credits and debts owed by one country to another.3)Why do banks focus on the development of the businesses of international settlement?Banks focus more and more on the development of the businesses because it is a major resource of profits.4)What will banks do to meet the higher and higher demand of the international market?Banks need to develop innovative products and deliver the best services possible in whatever way they can.Chapter21.Put the following phrases into English资金转移fund transfer清算系统clearing system银行竞争banking competition可兑换货币convertible currency国际支付international payment2.Put the following sentences into English(1)用于国际结算的货币是可兑换的货币。
国际结算英文选择题 附答案
1. To the exporter, the fastest and safest method of settlement is ( B )A. letter of creditB. cash in advanceC. open accountD. banker’s draft2. To the importer, the most favorable method of settlement is ( C )A.letter of creditB. cash in advanceC. open accountD. collection3. Which of the following payment method is based on commercialcredit?( C )A.letter of creditB.bank guaranteeC. collectionD. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in each? ( A )A. importer; exporterB. exporter; importerC. importer; importerD. exporter; exporter5. International cash settlement has the following disadvantages except ( B )A. expensiveB. safeC. riskyD. time-consuming6. CHIPS is the electronic clearing system for ( B )A.GBPB. USDYD. EUR7. CHAPS is the electronic clearing system for ( A )A.GBPB. USDYD. EUR8. BOJ-NET is the electronic clearing system for ( D )A. USDB. GBPC.EURD.JPY9. TARGET is the electronic clearing system for ( C )A. USDB. GBPC.EURD.JPY10. CHATS is the electronic clearing system for ( D )A. USDB. GBPC.EURD.HKD11. From a Chinese bank’s point of view , the current account it maintains abroad is known as ( A )A. a nostro accountB. a vostro accountC. a current accountD.a home currency account12. From a Chinese bank’s point of view , the curren t account maintained by a foreign bank with him is known as （B ）A.a nostro accountB.a vostro accountC.a current accountD.a foreign currency account13. International trade settlement methods are used to complete the money transfer aroused by ( A)A. goods transactionsB. services supplyC. security investmentD. investment incomes14. Documentary credit business is subject to ( A )A. UCP600B.URC522C. URDG758D. ISP9815. Collection business is subject to ( B )A. UCP600B.URC522C. URDG758D. ISP9816. Standby credit business is subject to ( D )A. UCP600B.URC522C. URDG758D. ISP9817.Letter of guarantee business is subject to ( C )A. UCP600B.URC522C. URDG758D. ISP9818. London is the clearing centre for ( B )A. USDB. GBPC.EURD.HKD19. New York is the clearing centre for ( A )A. USDB. GBPC.EURD.HKD20. Tokyo is the clearing centre for ( D )A. USDB. GBPC.EURD.JPY21. Frankfurt is the clearing centre for ( C )A. USDB. GBPC.EURD.HKD22.Among the following documents, the one which is not regarded as control documents is ( D )A. authorized signaturesB. test keysC. schedule of terms and conditionsD. correspondent arrangement23. The seller should arrange for the insurance of the goods transportation under ( C )A.FOBB.CFRC.CIFD.EXW24.（ A ） cheque can be cashed over the counter of paying bank.A. An openB. A crossedC. A general crossingD. A special crossing25. The effect of a blank endorsement is to make a negotiable instrument payable to the （ C ）A. specified person B, order of a specified person C. bearer D. named person26. If the bill is pay able “60 days after date”, the date of payment is decided according to （ C ）A. the date of acceptanceB. the date of presentationC. the date of issuanceD. the date of maturity27. The party to whom the bill is addressed is called the（ B ）A. drawerB. draweeC. holderD. payee28. When financing is without recourse, this means that the bank has no recourse to the （ D ）if such drafts are dishonored.A. payerB. draweeC. acceptorD. drawer29. The（ C ） of a promissory note assumes the prime liability to make payment of the note.A. holderB. draweeC. makerD. acceptor30. The bill which must be presented for acceptance is （ B ）A. the bill payable at xx days after dateB. the bill payable xx days after sightC. the bill payable on a fixed dateD. the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be （ A ）A. protestedB. given to the acceptorC. retained in the filesD. presented to a bank32.（ C ）is not a holder of a billA. PayeeB. EndorseeC. DrawerD. Bearer33. Which of the following is a relative essential item of a bill ?（ B ）A. amountB. tenorC. payeeD. drawee34. An endorsement ,which prohibits the further negotiation of the instrument ,is called （ D ）endorsement .A. qualifiedB. generalC. specificD. restrictive35. A check is a （ D ）draft drawn on a bankA. timeanceC. directD. demand36. The act which is never involved in promissory note business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation37. The act which is never involved in check business is （ C ）A.endorsementB.dishonorC.acceptanceD.presentation38. The acceptor of a bill is the person who originally named as ( B )of the bill.A. drawerB. draweeC.payeeD.endorser39. The first holder of a bill is the ( C ) of the billA. drawerB. draweeC.payeeD.acceptor40. Among the following crossed cheques, the one which contains the words ( D ) is a special crossed cheque.A. bankerB. not negotiableC. A/C payeeD. Bank of China41. The means of authenticating payment order in mail transfer is the （ D ）A. SWIFT authentic keyB. schedule of terms and conditionsC. test keyD. authorized signatures42. The means of authenticating payment order in telegraphic transfer is the（ C ）A. correspondent arrangementB. schedule of terms and conditionsC. test keyD. authorized signatures43. Which of the following is not a method of remittance? （ C ）A. M/TB. T/TC. T/RD. D/D44. Open account as a payment method is usually used when （ D ）A.goods are sold under the seller’s market conditionB.goods are badly needed by the buyerC.goods are of special standards or special specificationsD.goods are sold under the buyer’s market condition45. If the reimbursement instruction written on the payment order is expressed as ‘in cover , we have credited your A/C with us’, the A/C relationship between the remitting bank and the paying bank must be( A )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks46. If the reimbursement instruction written on the payment order is expressed as ‘in cover, please debit our A/C with you’, the A/C relationship between the remitting bank and the paying bank must be( B )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks47. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have authorized Bank A to debit our A/C and credit your A/C with them’, the A/C relationship between the remitting bank and the paying bank must be( C )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks48. If the reimbursement instruction written on the payment order is expressed as ‘in cover, we have instructed Bank X to transfer the proceeds to your A/C with bank Y’, the A/C relationship between the remitting bank and the paying bank must be ( D )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a thirdbankD. remitting bank and paying bank have their A/Cs with two different banks49. It will be more convenient if the collecting bank appointed by the seller （ B ）A. is a large bankB. is the remitting bank’s corr espondent in the place of the importerC. is in the exporter’s countryD. acts on the importer’s instructions50. Under D/P, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until （ D ）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer52. In collection business, banks are obligated to check the documents received to see that （ C ）A. they are authenticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form53. A bill of exchange which is accompanied by shipping documents is known as （ B ）A. a clean billB. a documentary billC. a clean collectionD. a documentary collection54. In documentary collection, after the goods have been shipped, the exporter presents the documents to （ C ）for collectionA. the collecting bankB. the reimbursing bankC. the remitting bankD. the opening bank55. Which of the following is not the obligation of remitting bank in collection ?（ D ）A. to complete a collection order strictly according to the principal’s instructions.B. to perform following all the instructions given by the principal.C. to keep the documents wellD. to examine the contents of documents in detail56. Which of the following is not the obligation of the collecting bank?（ B ）A.to verify the authenticity of the collection orderB. to take care of goodsC.to release documents strictly on the delivery terms of documents.D.to perform following all the instructions given by the remitting bank.57.In collection business, the drawer of the draft for collection is ( A )A. sellerB. buyerC. remitting bankD. collecting bank58. In collection business, the drawee of the draft for collection is ( B )A. sellerB. buyerC. remitting bankD. collecting bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by the drawee but with no express statement that they may not be waived, charges will be for the account of ( A ) providing the drawee refuses to pay them.A. principalB. remitting bankC. collecting bankD. presenting bank60.The price term which is more favorable to the seller under collectionis ( D )A. EXWB. FOBC. CFRD. CIF61. In L/C business , the exporter can receive the payment only when ( C )A. he has shipped the goodsB.he has presented the documentsC.the documents presented constitute a complying presentationD.the importer has taken delivery of the goods.62. In L/C business, the issuing bank can refuse to pay the credit amount when ( C )A.the applicant prevents him from making paymentB.the goods are not the same as those stipulated in the sales contractC.one kind of document required by L/C isn’t presented.D.b alance of the applicant’s account is not enough for payment .63. Of the following kinds of L/C, ( B )is the L/C which requires no drafts at all.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit64. Of the following kinds of L/C, ( C ) is the L/C in which drafts are always required.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit65. Of the following kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit66. Of the following kinds of L/C, ( A )is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC. revolving creditD.confirmed credit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit68.Of the following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment under counter trade.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit69. Confirmation of a credit may be given by ( B )A. the beneficiary at the request of the importerB. the advising bank at the request of the issuing bankC. the advising bank after the receipt of correct documentationD. the issuing bank after the receipt of correct documentation70. The credit may only be confirmed if it is so authorized or allowed by ( A )A. the issuing bankB. the supplierC. the advising bankD. the beneficiary71. The second beneficiary of a transferable letter of credit is the( D )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods72. The first beneficiary of a transferable letter of credit is the ( A )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods73. The red clause credit is often used as a method of ( B )A. providing the buyer with funds prior to shipmentB. providing the seller with funds prior to shipmentC. providing the buyer with funds after shipmentD. providing the seller with funds after shipment74. An applicant must reimburse an issuing bank unless he finds that ( D )A. goods are defectiveB. goods are not as ordered in the sales contractC. documents received do not allow him to clear the goods through customsD. documents do not conform on the face to the terms and conditions of the credit75. Application for any amendment to a letter of credit should be given to the issuing bank by ( A )A. the applicantB. the beneficiaryC. the advising bankD. the nominated bank76. The message type which is used to send a amendment notice of a documentary credit through SWIFT is numbered ( C )A. 700B. 705C. 707D. 71077.Among all the financial methods mentioned bellow , which method provides funds without recourse ？ ( C )A. packing loansB. bill discountingC. forfaitingD. borrowing docs against T/R78.Under letter of credit, the primary debtor is the( C )A. applicantB. importerC. issuing bankD. nominated bank79. The applicant of letter of credit is ( B )A. the exporterB. the importerC. the exporter’s bankD. theimporter’s bank80. The beneficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter’s bankD. theimporter’s bank81.A letter of credit which is expired on Oct. 1, 2008 specifies that “documents must be presented within 15days after the on board date of bill of lading”. If the on board date of bill of lading is Sep. 10,2008, the latest date of presentation must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882. If there is no indication in the credit of the insurance coverage required, the amount of insurance coverage must be at least ( C ) of theCIF or CIP value of the goods.A. 100%B.105%C. 110%D.120%83. Which of the following actions performed by the nominated bank is not regard as the action of honor( D )A. to pay at sight under sight payment creditB. to incur a deferred payment undertaking and pay at maturity underdeferredpayment creditC. to accept the draft and pay at maturity under acceptance creditD. to negotiate under negotiation credit84. Complying presentation under letter of credit means a presentation that is in accordance with the terms and conditions of credit, the applicable rules of UCP and provisions of ( B )A. ISP98B. ISBP681C. ICC Publication No.522D.ICC Publication No. 75885. Among the following banks, the one who has no obligation to examine documents under letter of credit is ( C )A. the issuing bankB. the confirming bankC. the reimbursing bankD. the nominated bank86.The following are the financing methods which can be used by the seller in L/C business except ( D )A. negotiating the documentary draft to his bankA.applying for packing loans from his bankB.discounting the time draft already accepted by the drawee bankD. Borrowing docs from issuing bank against T/R87.The following are the financing methods which can be used by the buyer in L/C business except ( D )A.applying for issuing L/C with no margin requirement.B.borrowing docs from issuing bank against T/RC.taking the goods from shipping company against indemnity guarantee signed by the issuing bank.D.applying for packing loans from his bank88. A bill of lading doesn't function as ( D )A. a contract of transportationB. a receipt of goodsC a certificate of title to the goods D. an accounting document89. The drawee of a draft drawn under letter of credit may be ( C )A. the beneficiaryB. the applicantC. the issuing bankD. the negotiating bank90. If the bill of lading is made out to order , it must be endorsed by （ B ）so as to complete the transfer of the title to the goods .A. the carrierB. the shipperC. the notify partyD. the nominated bank。
国际结算英文选择题附答案
A. a no stro accou ntB. a vostro accountD.a foreig n curre ncy accou nt13. International trade settlement methods are used to complete the money transfer aroused by ( A)A. goods tra nsacti onsB. services supplyC. security in vestme ntD. i nvestme nt in comes14. Docume ntary credit bus in ess is subject to ( A ) A. UCP600 B.URC522 C. URDG758 D. ISP98 15. Collecti on bus in ess is subject to ( B ) A. UCP600B.URC522C. URDG758D. ISP9816. Stan dby credit bus in ess is subject to ( D ) A. UCP600B.URC522C. URDG758D. ISP9817. Letter of guara ntee bus in ess is subject to ( C ) A. UCP600 B.URC522 C. URDG758 D. ISP98 18. London is the clear ing cen tre for ( B ) A. USD B. GBP C.EUR D.HKD1. To the exporter, the fastest and safest method of set tl em e nt is ( B ) A. letter of credit B. cash in advanee C. open account D. banker ' s draft2. To the importer, the most favorable method of settleme nt is ( C ) A.I etter of credit B. cash in adva nee C. ope n accou nt D. collecti on3. Which of the followi ng payme nt method is based on commercial credit?( C ) A.l etter of credit B.ba nk guara ntee C. collecti on D. sta ndby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in each? ( A ) A. importer; exporter B. exporter; importer C. importer; importer D. exporter; exporter5. Intern ati onal cash settleme nt has the follow ing disadva ntages except ( B )B. safeC. riskyD. time-c on sum ing B ) A. expe nsive 6. CHIPS is the electronic clearing system for ( A.GBP B. USD Y D. EUR 7. CHAPS is the electronic clearing system for ( A.GBP B. USD Y D. EUR 8. BOJ-NET is the electronic clearing system for ( A. USD B. GBP C.EUR D.JPY 9. TARGET is the electronic clearing system for ( A. USD B. GBP C.EUR D.JPY 10. CHATS is the electronic clearing system for ( D ) A. USD B. GBP C.EUR D.HKD 11. From a Chin ese bankA. a no stro accou nt's poviewf , the current account it maintains abroad is known as ( A ) B. a vostro accou nt C. a curre nt accou nt 12. From a Chin esebank D.a home curre ncy accou nt's point of view , the current account maintained by a foreign bank Wh him is knownas (B )C.a curre nt accou nt19. New York is the cleari ng cen tre for ( A ) A. USD B. GBP C.EUR D.HKD 20. Tokyo is the clearing centre for ( D ) A. USD B. GBP C.EUR D.JPY 21. Frankfurt is the clearing centre for ( C )A. USDB. GBPC.EURD.HKD22. A mong the follow ing docume nts, the one which is not regarded as con trol docume nts is ( D ) A. authorized sig naturesB. test keysC. schedule of terms and con diti onsD. corresp ondent arran geme nt23. The seller should arrange for the in sura nce of the goods tran sportati on un der ( C ) A.FOBB.CFRC.CIFD.EXW24. ( A ) cheque can be cashed over the counter of paying bank. A. An ope n B. A crossed C. A gen eral cross ingD. A special cross ing25. The effect of a blank endorsement is to make a negotiable instrument payable to the ( C ) A. specified pers on B, order of a specified pers onC. bearerD. n amed pers on26. If the bill is pay able “ 60 days after date ” , the date of payment is decided according to ) A. the date of accepta nce B. the date of prese ntati on C. the date of issua nceD. the date of maturity27. The party to whom the bill is addressed is called the ( B ) A. drawer B. drawee C. holder D. payee28. When financing is without recourse, this means that the bank has no recourse to the are dish on ored.A. payerB. draweeC. acceptorD. drawer29. The ( C ) of a promissory note assumes the prime liability to make payment of the note. A. holder B. drawee C. maker D. acceptor30. The bill which must be presented for acceptance is ( B ) A. the bill payable at xx days after date B. the bill payable xx days after sight C. the bill payable on a fixed dateD. the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be ( A )A. protestedB. give n to the acceptorC. reta ined in the filesD. prese nted to a bank 32. ( C ) is not a holder of a billA. PayeeB. En dorseeC. DrawerD. Bearer33. Which of the following is a relative essential item of a bill ? ( B )A. amou ntB. tenorC. payeeD. drawee34. An en dorseme nt ,which prohibits the further n egotiati on of the in strume nt ,is called A.qualified B. gen eral C. specific D. restrictive 35. A check is a ( D ) draft drawn on a bank A. time a nce C. direct D. dema nd36. The act which is n ever in volved in promissory note bus in ess is ( C ) A.en dorseme nt B.dish onorC.accepta nceD.prese ntati on37. The act which is n ever in volved in check bus in ess is ( C ) A. en dorseme nt B.dish onor C.accepta nceD.prese ntati on38. The acceptor of a bill is the pers on who orig in ally n amed as ( B ) of the bill.A. drawerB. draweeC.payeeD.en dorser(D ) if such drafts(D ) endorsement .39. The first holder of a bill is the ( C ) of the billA. drawerB. draweeC.payeeD.acceptor40. Among the following crossed cheques, the one which contains the words ( D ) is a special crossed cheque.A. ban kerB. not negotiableC. A/C payeeD. Bank of China41. The means of authenticating payment order in mail transfer is the ( D )A. SWIFT authe ntic keyB. schedule of terms and con diti onsC. test keyD. authorized sig natures42. The means of authenticating payment order in telegraphic transfer is the ( C )A. corresp ondent arran geme ntB. schedule of terms and con diti onsC. test keyD. authorized sig natures43. Which of the following is not a method of remittanee? ( C )A. M/TB. T/TC. T/RD. D/D44. Open account as a payment method is usually used when ( D )A. goods are sold under the seller ' s market conditionB. goods are badly n eeded by the buyerC. goods are of special sta ndards or special specificati onsD. goods are sold under the buyer ' s market condition45. If the r eimbursement instruction written on the payment order is expressed as ' in cover , we have credit your A/C with us ' , the A/C relati on ship betwee n the remitti ng bank and the pay ing bank must be(A )A. the pay ing bank maintains an A/C with remitt ing bankB. the remitt ing bank maintains an A/C with pay ing bankC. both remitti ng bank and pay ing bank maintain their A/Cs with a third bankD. remitt ing bank and pay ing bank have their A/Cs with two differe nt banks46. If the reimburseme nt in structi on writte n o n the payme nt order is expressed as in cover, please debit ourA/C with you ' , the A/C relati on ship betwee n the remitt ing bank and the pay ing bank must be( B )A. the pay ing bank maintains an A/C with remitt ing bankB. the remitt ing bank maintains an A/C with pay ing bankC. both remitti ng bank and pay ing bank maintain their A/Cs with a third bankD. remitt ing bank and pay ing bank have their A/Cs with two differe nt banks47. If the reimburseme nt in structi on writte n on the payme nt order is expressed as in cover, we have authorizedBank A to debit our A/C and credit your A/C with them ' , the A/C relati on ship betwee n the remitt ing bank andthe pay ing bank must be( C )A. the pay ing bank maintains an A/C with remitt ing bankB. the remitt ing bank maintains an A/C with pay ing bankC. both remitti ng bank and pay ing bank maintain their A/Cs with a third bankD. remitt ing bank and pay ing bank have their A/Cs with two differe nt banks48. If the reimburseme nt in structi on writte n on the payme nt order is expressed as ih cover, we have in structedBank X to tran sfer the proceeds to your A/C with bank Y ' , the A/C relati on ship betwee n the remitti ng bank andthe pay ing bank must be ( D )A. the pay ing bank maintains an A/C with remitt ing bankB. the remitt ing bank maintains an A/C with pay ing bankC. both remitti ng bank and pay ing bank maintain their A/Cs with a third bankD. remitt ing bank and pay ing bank have their A/Cs with two differe nt banks49.lt will be more convenient if the collect ing bank appo in ted by the seller ( B )A. is a large bankB. is the remitting bank ' s correspondent in the place of the importerC. is in the exporter ' s countryD. acts on the importer ' s instructions50. Under D/P, the documents will not be delivered to the buyer until ( D )A. the goods have arrivedB. the docume nts have arrivedC. the docume nts are prese nted to the buyerD. the bill is paid by the buyer51. Under D/A, the documents will not be delivered to the buyer until ( D )A. the goods have arrivedB. the docume nts have arrivedC. the docume nts are prese nted to the buyerD. the bill is accepted by the buyer52. In collecti on bus in ess, banks are obligated to check the docume nts received to see that ( C )A. they are authe nticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form53. A bill of exchange which is accompanied by shipping documents is known as ( B )A. a clea n billB. a docume ntary billC. a clea n collecti onD. a docume ntary collecti on54. In documentary collection, after the goods have been shipped, the exporter presents the documents to ( C ) for collectionA. the collect ing bankB. the reimburs ing bankC. the remitting bankD. the ope ning bank55. Which of the follow ing is not the obligati on of remitt ing bankin collecti on ? ( D )A. to complete a collection order strictly according to the principal ' s instructions.B. to perform follow ing all the in structi ons give n by the pri ncipal.C. to keep the docume nts wellD. to exam ine the contents of docume nts in detail56. Which of the follow ing is not the obligati on of the collect ing bank? ( B )A. to verify the authe nticity of the collecti on orderB. to take care of goodsC. to release docume nts strictly on the delivery terms of docume nts.D. to perform following all the instructions given by the remitting bank.57.ln collecti on bus in ess, the drawer of the draft for collecti on is ( A )A. sellerB. buyerC. remitt ing bankD. collect ing bank58. In collecti on bus in ess, the drawee of the draft for collecti on is ( B )A. sellerB. buyerC. remitt ing bankD. collect ing bank59. If the collection instruction given by the principal specifies that collection charges are to be borne by thedrawee but with no express stateme nt that they may not be waived, charges will be for the accou nt of ( A )providi ng the drawee refuses to pay them.A. pri ncipalB. remitt ing bankC. collect ing bankD. prese nting bank60. The price term which is more favorable to the seller un der collecti on is ( D )A. EXWB. FOBC. CFRD. CIF61. In L/C bus in ess , the exporter can receive the payme nt only whe n ( C )A. he has shipped the goodsB. he has prese nted the docume ntsC. the docume nts prese nted con stitute a compl ying prese ntati onD. the importer has taken delivery of the goods.62. In L/C bus in ess, the issu ing bank can refuse to pay the credit amou nt whe n ( C )A. the applicant prevents him from making paymentB. the goods are not the same as those stipulated in the sales con tractC. one kind of document required by L/C isn ' t presented.D. balanee of the applicant ' s account is not enough for payment .63. Of the following kinds of L/C, ( B )is the L/C which requires no drafts at all.A. sight payme nt creditB. deferred payme nt creditC. accepta nee creditD. n egotiati on credit64. Of the follow ing kinds of L/C, ( C ) is the L/C in which drafts are always required.A. sight payme nt creditB. deferred payme nt creditC. accepta nee creditD. n egotiati on credit65. Of the follow ing kinds of L/C, ( D ) is the L/C which is especially suitable for use to settle the payme nt of trade con ducted througha middlema n.A. non-transferable creditB. reciprocal creditC. revolv ing creditD. back to back credit66. Of the follow ing kinds of L/C, ( A )is the L/C which is especially suitable for use to settle the payme ntof trade con ducted through a middlema n.A. tran sferable creditB. reciprocal creditC. revolv ing creditD. con firmed credit67 Of the following kinds of L/C, ( C ) is the L/C which is especially suitable for use to settle the paymentun der a long term con tract coveri ng goods to be tran sported by regular partial shipme nts.A. non-transferable creditB. reciprocal creditC. revolv ing creditD. back to back credit68.0f the following kinds of L/C, ( B ) is the L/C which is especially suitable for use to settle the payment un der cou nter trade.A. non-transferable creditB. reciprocal creditC. revolv ing creditD. back to back credit69. Con firmati on of a credit may be give n by ( B )A. the ben eficiary at the request of the importerB. the advis ing bank at the request of the issu ing bankC. the advising bank after the receipt of correct documentationD. the issu ing bank after the receipt of correct docume ntati on70. The credit may only be con firmed if it is so authorized or allowed by ( A )A. the issu ing bankB. the supplierC. the advis ing bankD. the ben eficiary71. The sec ond ben eficiary of a tran sferable letter of credit is the ( D )A. middlema nB. tra nsferri ng bankC. the applica nt of the tran sferred creditD. real supplier of the goods72. The first ben eficiary of a tran sferable letter of credit is the ( A )A. middlema nB. tra nsferri ng bankC. the applica nt of the tran sferred creditD. real supplier of the goods73. The red clause credit is ofte n used as a method of ( B )A. providing the buyer with funds prior to shipmentB. providing the seller with funds prior to shipmentC. provid ing the buyer with funds after shipme ntD. providing the seller with funds after shipment74. An applica nt must reimburse an issu ing bank unl ess he finds that ( D )A. goods are defectiveB. goods are not as ordered in the sales con tractC. documents received do not allow him to clear the goods through customsD. docume nts do not conform on the face to the terms and con diti ons of the credit75. Applicati on for any ame ndme nt to a letter of credit should be give n to the issu ing bank by ( A )A. the applica ntB. the ben eficiaryC. the advis ing bankD. the nomin ated bank76. The message type which is used to send a ame ndme nt no tice of a docume ntary credit through SWIFT isn umbered ( C )A. 700B. 705C. 707D. 71077. Among all the financial methods mentioned bellow , which method provides funds without recourse ?(C )A. pack ing loa nsB. bill discou nti ngC. forfait ingD. borrow ing docs aga inst T/R78. Un der letter of credit, the primary debtor is the( C )A. applica ntB. importerC. issu ing bankD. nomin ated bank79. The applica nt of letter of credit is ( B )A. the exporterB. the importerC. the exporter ' bankD. the importer ' bank80. The ben eficiary of letter of credit is ( A )A. the exporterB. the importerC. the exporter ' bankD. the importer ' bank81. A letter of credit which is expired on Oct. 1, 2008 specifies that “ documents must be presented within15days after the on board date of bill of lad ing ”.lf the on board date of bill of lad ing is Sep. 10,2008, thelatest date of prese ntati on must be ( B )A. Sep. 24 ,2008B. Sep. 25 ,2008C. Sep. 26 ,2008D. Oct. 1, 200882. If there is no in dicati on in the credit of the in sura nce coverage required, the amou nt of i nsura nce coverage must be at least ( C ) of the CIF or CIP value of the goods.A. 100%B.105%C. 110%D.120%83. Which of the following actions performed by the nominated bank is not regard as the action of hon or( D )A. to pay at sight un der sight payme nt creditB. to in cur a deferred payme nt un dertak ing and pay at maturity un der deferredpayme nt creditC. to accept the draft and pay at maturity under acceptance creditD. to n egotiate un der n egotiati on credit84. Compl ying prese ntati on un der letter of credit means a prese ntati on that is in accorda nce with the terms and con diti ons of credit, the applicable rules of UCP and provisi ons of ( B )A. ISP98B. ISBP681C. ICC Publication No.522D.ICC Publication No. 75885. Among the follow ing ban ks, the one who has no obligati on to exam ine docume nts un der letter of credit is(C )A. the issu ing bankB. the con firm ing bankC. the reimburs ing bankD. the nomin ated bank86. The follow ing are the financing methods which can be used by the seller in L/C bus in ess except ( D )A. n egotiat ing the docume ntary draft to his bankA. appl ying for pack ing loa ns from his bankB. discou nti ng the time draft already accepted by the drawee bankD. Borrow ing docs from issu ing bank aga inst T/R87. The follow ing are the financing methods which can be used by the buyer in L/C bus in ess except ( D )A. appl ying for issu ing L/C with no marg in requireme nt.B. borrow ing docs from issu ing bank aga inst T/RC. tak ing the goods from shipp ing compa ny aga inst indemnity guara ntee sig ned by the issu ing bank.D. appl ying for pack ing loa ns from his bank88. A bill of ladi ng does n't fun ctio n as ( D )A. a con tract of tra nsportati onB. a receipt of goodsC a certificate of title to the goods D. an accou nting docume nt89. The drawee of a draft drawn under letter of credit may be ( C )A. the ben eficiaryB. the applica ntC. the issu ing bankD. the n egotiati ng bank90. If the bill of lading is made out to order , it must be endorsed by ( B ) so as to complete the transfer of the title to the goods .A. the carrierB. the shipperC. the no tify partyD. the nomin ated bank。
国际结算双语试题库
《国际结算》双语试题库模拟试题一一、专业术语互译（本大题共20小题，每小题1分，共20分）1. Presentation提示2.Acceptance承兑3. T/T电汇4. D/D票汇5. Dishonor拒付6. Guarantee/Aval保证7. EXW工厂交货条件8. Nostro account往账 9. CIF运保费付至——交货条件10.Right of Recourse追索权 11. 出票 Issuance 12. 背书Endorsement 13. 拒付Dishonor 14. 环球银行间金融电讯协会ＳＷＩＦＴ 15. 备用信用证Standby L/C， 16. 原产地证书Certificate of Original 17. 成本加运费条件CFR18.有条件承兑Conditional acceptance 19. 划线支票Crossed check20. 投标保函(tender guarantee)二、名词解释（本大题共5小题，每小题3分，共15分）1. 国际结算：是指两个不同国家的当事人，不论是个人间的、单位间的、企业间的或政府间的当事人因为商品买卖、服务供应、资金调拨、国际借贷，通过银行办理的两国间货币收付业务。
2. 汇票是由出票人向另一人签发的，要求即期、定期或在可以确定的将来的时间，向某人或其指定人或来人无条件地支付一定金额的书面命令。
3.托收（collection）是委托收款的简称。
是出口商或债权人开立金融票据或商业票据或两者兼有，委托托收行通过其联行或代理行向进口商或债务人收取货款或劳务费用的结算方式。
4.可转让信用证，指信用证的受益人可以要求指定的转让行将信用证的权利部分或全部地转让给第三者的信用证。
5. 议付指信用证结算方式下的一种行为。
即，出口地的一家银行应开证行的邀请和受益人的请求充当L/C项下议付行。
该行在出口商提交全套货运单据后，经核验单据汇票确认无误后，对受益人垫付货款，再向开证行或其指定银行索回货款的过程和行为叫议付。
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广西大学行健文理学院课程考试试卷答案要点及评分细则课程名称：国际结算（双语）考试班级：2007级国贸各班试卷类型：期中考试卷命题教师签名：2010年 5 月14 日Part I单选题1-5 CBCAD 6-10 DAADDPart II翻译题Please translate the following sentences from English to Chinese.(20 Points)1.To issue a bill of exchange comprises two acts by the drawer: 1) to draw and sign a bill;and 2) to deliver it to the payee.签发汇票由出票人的两个行为构成：一是开出汇票并在签字；二是交付给收款人。
2.International settlement consists of international trade settlement and non-tradesettlement.国际结算包括国际贸易结算和非贸易结算。
3.SWIFT authentic key is used between SWIFT member banks for authenticating allmessages to be transmitted through SWIFT.环球银行金融电讯协会证实押被环球银行金融电讯协会成员行用于证实通过环球银行金融电讯协会系统传输的所有信息的真实性。
4.The guarantor is the bank that issues a letter of guarantee at the request of its customer.保证行是在其顾客要求下签发保函的银行。
5.In cover, we have authorized Bank A to debit our account and credit your accounts withthe above sum.为偿付头寸，我们已经授权A银行将上述金额借记我们的账户，并贷记你们的账户。
6. A foreign branch bank is an operational branch established by a commercial bank in aforeign country.一家国外支行是某家商业银行在国外开立的经营性质的分支机构。
7.Confirming bank means a bank that adds its confirmation to a credit upon the issuingbank’s authorization or request.保兑行指的是在开证银的授权或要求下对信用证进行保兑的银行。
8.Remittance refers to the transfer of funds from one party to another among differentcountries.汇款（汇付）是指资金在不同国家之间的转移。
9.TARGET (the Trans-European Automated Real-time Gross Settlement Express TransferSystem) is a real-time gross settlement system of the euro.欧洲跨国清算系统是实时的统一欧元清算系统。
10.A holder in due course refers to an individual who acquires a negotiable instrument ingood faith.一个正当持票人指的是一个善意得到一张可流通票据的人。
Part III 简答题（中文或者英文回答）12. 即期付款交单与即期信用证的区别答：1）前者商业信用，后者银行信用；2）前者不能向银行申请融资，后者可以申请打包放款；3) 前者通知行不负责审单，后者通知行负责审单；3. 提单常见不符点答：（P237 任选6点回答）1). 收货人姓名与信用证不符;2）被通知人与信用证不符;3）货物描述与信用证不一致;4）提供的是不清洁提单；5）起运港或者目的港与信用证不符；6）正本提单份数不足；4. 跟单托收与跟单信用证在融资方式上的几个主要不同点。
答：1）前者多使用商业汇票，贴现相对困难，后者多使用银行承兑汇票，贴现相对比较容易；2）对于前者，由于是商业信用，比较难向银行申请融资，后者比较容易；3) 前者通知行不负责审单，拒付可能性大，比较难得到银行融资，后者通知行负责审单，拒付可能性小，可以申请打包放款，押汇和T/R等Part IV出口托收押汇的流程（见课件）给分要点：至少中英各占一半：A）可以是中文流程图，英文流程说明；或者B）英文流程图，中文流程说明。
中英文分别给10分，如果只用一种语言答题，给一半分。
Step 1: The exporter and the importer sign a sale contract ，the exporter ship the goods; Step 2: The exporter signs the negotiation agreement with the remitting bank;Step 3: The exporter presenting the collection application, negotiation application and the whole set of documents (including the title of the goods and draft) to the remitting bank; Step 4: The remitting bank deposits the fund after negotiation;Step 5: The remitting bank fills in the collection application, and sends the whole set of documents (including the title of the goods and draft) to collecting bank;Step 6: The collecting bank presents the drafts to the importer;Step 7: The importer pays or accepts the drafts and the documents in case of D/P or D/A; Step 8: The document especial the title of the goods, are released to the importer, the transaction is settled;Step 9: The collecting bank remits proceeds to the remitting bank;Part V 操作题Please implement the following case. (30 Points)Part A. 请根据所给的条件填写汇票并做出相应的背书。
(15 Points)A) 请根据如下条件出票：2009年8月4日上海A 贸易公司(shanghai A E.&I. Co. No.1023, Nanjing Road(East) Shanghai, China)出口装运5000打、价值50000美元的纯棉男式衬衫（Pure Cotton Men's Shirts, Art. No.9-71323, Size Assortment:S/3 M/b and L/3 per doz.）到香港N 贸易有限公司(Hong kong N Trading Co., Ltd ，21Locky Road, Hong kong), 收款人是出口商，委托中国银行上海分行办理托收，交单条件为D/P 即期，并指定要求中国银行香港分行作为代收行。
请开立跟单汇票。
B ）出票后，请按照如下要求做出托收记名背书行为中国银行上海分行作出托收记名背书给中国银行香港分行C)（1 7、D/A －承兑赎单 D/P －付款赎单得分a. 出口商（出票人）做空白背书转让给托收行；b. 托收行做托收记名背书转让给代收行；（2）pay to the order of remitting bank以托收行为抬头的方式。
操作步骤：a. 出口商（出票人）提示汇票给托收行；b. 托收行做托收记名背书转让给代收行；（3）pay to the order of collecting bank以代收行为抬头操作步骤：1. 出口商提示汇票给托收行；2. 托收行寄交汇票代收行；Part B. Pease translate the following given information in an SWIFT L/C from English to Chinese. (15 Points)请按以下SWIFT MT700信用证中的部分内容译成中文：(1) Bank of Asia, HK开证行：亚洲银行，香港分行(2) Bank of Asia, Shenzhen Branch, No.68 Shennan Road, Central, Shenzhen 518043, Guangdong通知行：亚洲银行，深圳分行，广东深圳518043，深南路68号(3) Documentary Credit Number E-01-N-04939跟单信用证号码：E-01-N-04939(4) Applicant: Newtower Development Limited, Room 2504-5 Causeway Bay, Hongkong 申请人：纽陶尔发展有限公司，2504-5铜锣湾，香港(5) Beneficiary: Shenzhen Building Materials, Industry Co.，Stone department 10/F Building Materials, Bldg, 28 Shennan Zhong Rd., account No. 1002 受益人：深圳建筑材料公司，石头部，深南中路28号，账号1002(6) Currency Amount: USD34,800 币种金额：34,800美元(7) Drafts at sight 即期汇票(8) Drawee (Full address): Issuing bank for full invoice value 付款人：开证行按照发票金额的全额付款(9) +Signed Commercial Invoice 手签商业发票+ Full set of Clean on board ocean bill of lading made out to order of Bank Asia凭亚洲银行指示性抬头的全套清洁已装船海运提单+Marine Insurance policy or certificate endorsed in blank, by the assured or at least 110%of the CIF value, covering F.P.A and as per ocean marine cargo. 海运保险单或保险凭证必须空白背书，至少按成本保险加运费价的110%投保，险种为平安险和出口货物到香港（含九龙）澳门存仓火险责任扩展条款+Packing list 装箱单+Beneficiary’s certificate addressed to issuing bank confirming their acceptance ornon-acceptance如果信用证有修改，则要出具受益人证明给开证行，说明其接受或不接受该修改。