TEST【2011.6双语试卷】国际支付与结算

2010—2011学年第二学期国际支付与结算（双语）期末试题

“I P S”TEST（2011-06）

班级：学号：姓名：成绩：

Ⅰ.（45﹪）Judge whether the following statements are true or false.

1.A letter of credit places a bank’s credit instead of commercial credit.

2.Remitting bank is the bank transferring funds at the request of a remitter to its correspondent or its branch in another country and instructing the latter to pay a certain amount of money to a beneficiary.

3.The authorized signatures are used for authentication of the messages, letters, remittances, letters of credit, etc. addressed by the bank to its correspondent bank.

4.From an American bank’s view, a nostro account is a dollar account held for its overseas correspondents.

5.Under documents against acceptance, after acceptance, the buyer gains possession of the goods before the payment is made and is able to dispose of the goods as he wishes.

6.In a promissory note, the drawer and the payer are the same person.

7.The interest in the bill of exchange can only be transferred by endorsement.

8.The person who draws the bill is called the drawer.

9.Collection bill purchased is a kind of financing by banks for exporters under documentary collection methods.

10.If a bill is payable “at 30 days date”, the date of payment is decided according to the date of acceptance.

11.A crossed check can be cashed over the counter.

12.A draft is a conditional order in writing.

13.Under documentary credit, the negotiating bank has no obligation to examine documents.

ually the advising bank is the bank resides in the same city as the buyer.

Ⅱ.（30﹪）Choose the best answer to the following questions.

1.If a check dated 1st Feb. 2010 was presented on the 5th Oct. 2010, it would be ____ .

A. pre-dated

B. out of date

C. post dated

D. undated

2.The only means of authenticating a cable transfer is the __________.

A. SWIFT authentic key

B. payment order

C. test key

D.authorized signatures

3.The principal is generally the customer of a bank who prepares documentation and submits them to the ___________ bank with a collection order for payment from the buyer (drawee).

A. remitting

B. collecting

C. presenting

D. correspondent

4._____________ is an arrangement whereby the seller obtains his bank’s pre-numbered direct collection letter, thus enabling him to send his documents directly to his bank’s correspondent bank for collection.

A. Clean collection

B. Documents against payment

C. Direct collection

D. Documents against acceptance

5.Which type of collection offers the greatest security to the exporter?

A. Documents against acceptance

B. Documents against payment

C. Clean collection

D. Acceptance D/P

6. An applicant must reimburse an issuing bank unless he finds that:

A. goods are defective.

B. goods are not as ordered in the sales contract.

C. documents received do not allow him to clear the goods through customs.

D. documents do not conform on the face to the terms and conditions of the credit.

Ⅲ.（25﹪）Read the following draft and give your answer to the following questions:

1. Who is the drawer? 〖〗

2. Who is the drawee? 〖〗

3. Who is the payee? 〖〗

4. Where is the bill drawn? 〖〗

5. Is this a sola bill or bill of exchange in two sets? 〖〗