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
69
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hence in part the term "exchange rate", which was maintained even though other methods of payment have largely superseded the bill of exchange.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 is the safer and more normal method for the importer’s bank to effect the settlement?
选项
A、To issue a banker’s draft.
B、To arrange for payment by mail transfer.
C、To make the payment to its correspondent bank.
D、To ask the importer to pay the money on his dollar account.
答案
B
解析
文中提到The British importer can then send…the British bank to arrange for payment by mail transfer.相对较为安全的方法是邮汇。
转载请注明原文地址:https://kaotiyun.com/show/Pzid777K
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
Gettingupealierisgood______yourhealth.
[A]text[B]college[C]store[D]basket[E]library[F]bank[G]passportItisneededwhenyoutravelabroad.
Mr.Blackwasyoungandable.Thebosslikedhim.LastmonthhewassenttoChinaonbusiness.BeforehewentbackfromChina,h
BufordisthesmallesttownintheUS.ThetownishighinthemountainsanditliesontheroadbetweenNewYorkandCalifornia
[A]year[B]winter[C]summer[D]passport[E]umbrella[F]medicine[G]newspaperItisthewarmestseasonbetweenspringand
Mr.Wongisasmallcompany.Anditfailedtorecordeverytransaction.Nowyouareprovidedwiththefollowinginformation:cap
Inbusinesschargesdepreciationinaccounts,theaccountingconcepttobeconsideredisthematerialityconcept.
Forpurposeofrecordingaccountinginformation,eachcompanyisconsideredtobeseparatefromitsownersandallothercompani
Ifthepriceofagoodchanges,boththesubstitutioneffectandtheincomeeffectreinforceeachother,thenthegoodisa(n)_
A、Businessdevelopmentloans.B、Houseimprovementloans.C、Farmdevelopmentloans.D、Overdrafts.D录音原文一开始提到Somebanksoffer...a
随机试题
下列情况中可导致白细胞增多的是
A.腭腺B.下颌下腺C.腮腺D.舌下腺E.唇腺多形性腺瘤最常见于
患儿,男,3岁。出生后人工喂养,近来常表现夜间多汗。检查:方颅,胸骨下部显著前突,胸廓呈鸡胸,肋骨与肋软骨交界处变厚增大。应首先考虑的是
药品经营许可事项变更不包括
案例:小夏是学校田径队的一名队员。在一个寒冬的早晨,他照常起床穿着单薄的运动服来到田径场。简单做过准备活动后,在教练的安排下他连续跑了6个400米跑。在完成训练后,小夏的小腿抽筋了,疼痛难忍,这时教练让他赶紧坐下,并且把他的腿反向拉伸,后压脚背使
教育目的所要回答的根本问题是()。
小学体育教材的特点具体体现在()。
设有5个初始归并段,每个归并段有20个记录,采用5路平衡归并排序,若采用败者树最小的方法,总的比较次数是()。
sinnxcosmxdx(自然数n或m为奇数)=____________.
以下选项中,不合法的VisualBasic的变量名是( )。
最新回复
(
0
)