首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
What determines the rate of exchange between currencies will be examined later in this book let, but first it is useful to consi
What determines the rate of exchange between currencies will be examined later in this book let, but first it is useful to consi
admin
2012-01-26
31
问题
What determines the rate of exchange between currencies will be examined later in this book let, but first it is useful to consider the mechanics of international transactions. To enable a UK importer to pay his American supplier, for example, the facilities of two or more banks are used, firstly in handling the often complex documentation and secondly, through the foreign exchange market, in obtaining the currency required. At one time payments to and from other countries were made by bills of exchange; hence in part the term "exchange rate", which was maintained even though other methods of payment have largely superseded the bill of exchange. The British importer will probably need to pay his American supplier in dollars and his British bank can offer him several alternative methods of settlement. It can provide him with a banker’s draft drawn in dollars. The bank is able to do this because it will have an account with another bank ( called a correspondent bank) in an American city and it simply issues a dollar cheque or draft drawn on that account. The British importer can then send this draft by airmail to the supplier. Since there is a danger that the draft may be lost or fall into the wrong hands, the safer and more normal method would be for the British bank to arrange for payment by mail transfer. Instructions are sent by airmail to the correspondent bank in the US to pay on behalf of its customer the required sum to the named recipient from the British bank’s dollar account. This mail transfer system is very flexible since the instructions for payment can he varied or elaborated to suit practically every kind of requirement.
What will the correspondent bank do in the settlement according to this passage?
选项
A、It will make payment in dollars against the banker’s draft.
B、It will send the draft to the bank in Britain.
C、It will issue a documentary credit.
D、It will have an agreement with the bank mentioned.
答案
A
解析
文中提到it simply issues a dollar cheque or draft drawn on that account.所以A选项符合题意。
转载请注明原文地址:https://kaotiyun.com/show/Jzid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
[A]bridge[B]supermarket[C]radio[D]map[E]book[F]letter[G]busPeoplelistentoittoenjoythemselves.
[A]bridge[B]supermarket[C]radio[D]map[E]book[F]letter[G]busPeoplegoacrossitfromonesidetotheother.
Intheworld,soccerorfootballisthemostpopularsport.ThisisbecausemanycountrieshavewonderfulteamsformeWorldCup
Whatkindofexerciseburnsthemostcaloriesaccordingtothechart?
A、Westartat2:00a.m.B、Usuallywestartat6:30p.m.C、Westartat12:00atnoon.B
Ifyouweighabout110pounds,youshouldspend______hours/minutesonbowlingtoburn1500calories.
EveryTuesday,Carinagoestoworkinabank.Sheknowsallhercustomers(顾客)verywell,becausetheyareherclassmates.Infac
BufordisthesmallesttownintheUS.ThetownishighinthemountainsanditliesontheroadbetweenNewYorkandCalifornia
accept,discount,against,dishonoured,attached,hypothecation,credit,draw,ownership,amountWhenaLetterofCredith
Commercialbankdeposits,includingdemanddeposits,aresubjecttoimmediatewithdrawalduringregularbankinghoursatthereq
随机试题
三相交流电中,A相、B相、C相与N(零线)之间的电压都为220V,那么A相与B相之间的电压应为()。
治疗胃阴不足呕吐的主方为()
关于脊柱外伤与脊髓损伤的关系的叙述,下列哪项是错误的
总承包单位如果仅申请施工临时用电,那么施工临时用电结束或施工用电转入建设项目电力设施供电,则总承包单位应及时()。
民警甲和乙在一次勤务活动中对不配合执勤的丙使用手铐进行约束。下列说法正确的有()。
下列对公安机关的表述正确的是()。
政府在开展一个关于政府工作作风的评议活动,现在需要对群众在评议活动中所反映的情况进行调研,领导把这个任务交给你,你会怎么做?
简要比较费雪方程与剑桥方程。
SQL语言是具有()的功能。
Matheroftentellsusthatitisnecessarythat_____________(我们帮助那些急需帮助的人).
最新回复
(
0
)