Who is not responsible for payment of L/C?A．advising bankB．confirming bankC．buyerD．issuing bank

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第6题：

The bank who opens the L/C is called（）.

• A、issuingbank
• B、notifyingbank
• C、establishingbank
• D、payingbank

第7题：

Questions from 31 to 35 are based on the following passage: 　　The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” 　　Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). 　　Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. 　　Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. 　　Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. In a transaction, if payment is made by collection, then the remitting bank is always located in（）

• A、Seller’s country
• B、Buyer’s country
• C、Either A or B
• D、None of the above

第8题：

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

第9题：

Questions from 31 to 35 are based on the following passage: 　　The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” 　　Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). 　　Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. 　　Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. 　　Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. Under D/P , the importer can obtain the goods only by（）.

• A、showing the bill of lading
• B、signing on the bill of exchange
• C、paying in cash
• D、paying or accepting the bill of exchange

第10题：

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

• A、at,    
• B、after 
• C、on      
• D、by

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第17题：

In the case of documents payable at sight the presenting bank must make presentation for payment without delay.

A对

B错

第18题：

Questions from 31 to 35 are based on the following passage: 　　The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” 　　Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). 　　Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. 　　Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. 　　Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. The meaning of D/A is（）.

• A、documents against acceptance
• B、documents against payment
• C、delivery after payment
• D、cash against payment

第19题：

We have drawn on you for this amount at sight through the Bank of China who has been instructed to produce the document_______ payment of the draft．

• A、with 
• B、to   
• C、against 
• D、on

第20题：

In the case of MT，the remitting bank issues a draft to its customer，and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.

第21题：

（） has the first responsibility to make payment for the seller with the L/C payment.

• A、Advising bank
• B、Accepting bank
• C、Negotiating bank
• D、Issuing bank

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