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 booklet, but first it is useful to consid
What determines the rate of exchange between currencies will be examined later in this booklet, but first it is useful to consid
admin
2011-01-26
69
问题
What determines the rate of exchange between currencies will be examined later in this booklet, 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hence in part the term "exchange rate", which was maintained even though other methods of payment have largely superseded the bill of exchange.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 be 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
转载请注明原文地址:https://kaotiyun.com/show/s8Yd777K
0
初级(银行综合类)
原金融专业英语(FECT)
金融英语(FECT)
相关试题推荐
What’stherelationshipbetweenthemanandthewoman?
Firecanhelppeopleinmanyways,butitcanalsobeveryharmful(有害的).Firecankeepyourhouse(16),givelightandcook
Mr.Bakeroncelostanumbrella(伞)attheLondonChurch(教堂).Heputanadvertisement(一条广告)inthenewspaper,buthedidn’tge
Thechildrenwentintothecinemaone______another.
SeeinghisChineseteacheratthepartymadeJackveryhappy.Jackwasveryhappy______hisChineseteacherattheparty.
(1)区分书面诽谤和口头诽谤。(1991年4月,1985年4月)(2)简述诽谤诉讼中的特殊抗辩。(1985年4月)(3)某报纸称:(a)所有律师都不诚实;且(b)所有牧师都是伪君子。能起诉该报诽滂吗?(
简单描述你对限制性契约的理解,并列出这种限制性契约可能影响第三方权利的两种情况。(1993年10月)
“普通法中规定的救济方法是有限的,而衡平法中则规定了一系列新的救济方法对普通法的救济方法加以补充。”[Kewis,“OutlineofEquity”(1968)]你是否同意这段话?请给出充分的理由。(1994年12月)
A、Billsoflading.B、Consularinvoice.C、Insurancepolicy.D、Certificateoforigin.B录音原文中只提到了aninvoice,并没有提到consularinvoice,
Writeabankletteraccordingtothefollowingrequirements.我行已收到你行8584号信用证,其中包含如下条款:“本信用证有效期8月8日,在香港议付。”鉴于受益人居住在中国北京市
随机试题
试述当代资本主义两大法系刑事审判模式的特征。(中南财大2006年研)
咳喘无力,少气短息,吐痰清稀,自汗,舌淡脉弱者,最宜诊断为
A.糖尿病肾病Ⅰ期B.糖尿病肾病Ⅱ期C.糖尿病肾病Ⅲ期D.糖尿病肾病Ⅳ期E.糖尿病肾病Ⅴ期临床糖尿病肾病为
一名患急性喉炎的小儿,安静时可听到喉呜,并有吸气性呼吸困难,听诊可闻管状呼吸音,患儿心率加快,约130次/分,该患儿喉梗阻程度为
脉冲场凝胶电泳分辨力的极限不取决于
张小姐于2007年11月1日存入一年期定期存款10000元,则1年后张小姐可以拿到利息(假定一年期整存整取的年利率为3.87%,利息税税率为5%)()。
下列各项中,不可以作为城市维护建设税计税依据的是( )。
日常教学活动中,教师应该引导学生做到“举一反三”“触类旁通”“闻一知十”,这种现象在教育心理学上称为()。
因政府职能是通过公务员的工作来实现的,因此公务员是政府职能的实施主体。()
某珠宝店被窃。经过侦破,查明作案的人就是甲、乙、丙、丁这四个人中的一个人。审讯中,四个人的口供如下:甲:“乙就是罪犯。”乙:“丁才是罪犯。”丙:“我不是罪犯。”丁:“我也不是罪犯。”现在知道,四人中说真话与说假话的人数不等,那么以下哪项能判定真假
最新回复
(
0
)