国际结算(英文版)清华大学出版社-答案 下载本文

3)

4)

5)

5. 1)

2)

3) 4)

5)

D. A or B

A __D__ payment does not take as long as an MT payment. A. SWIFT B. TT C. DD D. A or B

Mail transfers are sent to the correspondent bank __C__, unless other wise instructed by clients.

A. by courier service B. by ordinary mail C. by airmail D. by seamail

When a customer asks its bank to make a telegraphic transfer to a beneficiary abroad, the charges may __A__

A. be paid either the remitter or the remittee B. be debited against the nostro account C. be credited to the vostro account D. be paid by the remitting bank

Answer the following questions

How do you define the two types of fund transfer?

Remittance can be defined as two typed of fund transfer: to a remit and to draw a draft. “To remit” refers to the funds to be transferred from remitter to a payee through banks, while “to draw a draft” means that the payee gets the funds from the remitter collected by banks. What are the three main ways to make a remittance? Give us a brief description of the three?

A mail transfer is to transfer funds by means of a payment order or a mail advice. A demand draft is often used when the customer wants to transfer the funds to his beneficiary by himself. Telegraphic transfer refers to remittance by SWIFT.

What are the two methods adopted in the payment transactions by T/T? They are cover payment method and serial payment method.

what are the differences of the two methods used in the payment transaction?

In the cover method, the customer payment instruction is sent separately from the instruction to transfer the funds, In the serial method, the customer [payment and the fund transfer are sent together.

When will the interbank compensation be used and what are the related errors occurring in the payment transactions?

In the process of payment transfer, some mistakes may occur, such as late payment., duplicate payment, under and over payment, wrong account at the right bank and so on, which may arise loss for a bank, The Rules of Interbank Compensation is therefore worked out to settle the dispute among banks.

Chapter 6

1.Put the following phrases into English 运输单据 托收指示 需要时的代理 拒绝证书 印花税 shipping document collection instruction agent in case of need protest r stamp duty open account 赊账 2.Put the following sentences into English

1) 跟单托收是用于出口商既不想用赊账也不愿意用信用证的情况。

Documentary collections are suitable in cases where the exporter is reluctant to supply the goods on an open account basis, but does not need the strong security provided by a documentary credit. 2) 《跟单托收统一惯例》是国际托收业务中通行的规则。

The Uniform Rules for Collections (URC) form an internationally accepted code of practice covering documentary collections.

3) 单据应符合进口国家的法律和法规的要求。

The type of documents should comply with the laws and regulations of the importing country.

4) 拒绝证书是法庭认可的拒付的法律依据,它要由公证机构来制作。

Bill protesting is legal evidence of dishonor acceptable to account of law, and it will come into force by a notarization of notary office.

3. True or False

1) A collection on the basis of commercial credit is usually processed through banks acting as

the intermediary.(T)

2) Banks have responsibility to examine the documents thoroughly.(F)

3) Collecting bank handles the collection business according to the collection instruction.(T) 4) In receipt of dishonor advice, the remitting bank must give appropriate instructions as to the

further handling by the collecting bank.(T)

4.Multiple Choice

1) The instructions for collection are mainly __D__ A. those in the contract

B. written on the Bill of Exchange C. given by the importers D. given by the exporters

2) It will be more convenient if the collecting bank appointed by the seller __B__ A. is a large bank

B. is the remitting bank’s correspondent in the place of the importer C. is in the exporter’s country

D. acts on the importer’s instructions

3) The operation of collection begins with __B__

4)

5)

6)

7)

8)

A. the customer and the remitting bank

B. the remitting bank and the collecting bank C. the presenting bank and the drawee

D. the collecting bank and the presenting bank

Detailed instructions must be sent to the collecting bank __B__ A. in the application form B. in the collection order C. in the documents D. both A and B

The collecting bank will make a protest only when __C__ A. the documents are rejected B. a case of need is nominated

C. specific instructions concerning protest are given D. protective measures in respect of the goods are taken If it is stated as D/P, the documents can be released __A__ A. against payment B. against acceptance C. in either way

D. against acceptance pour aval

__A__ is the bank to which the principal has entrusting the collection, A. The remitting bank B. The collecting bank C. The presenting bank D. Both A and B

__C__ must make his instructions to ____ clear in his collection order. A. The remitting bank … the collecting bank B. The principal … the drawee

C. The principal … the remitting bank D. The drawee .. the collecting bank

5. Answer the following questions

1) What is a collection in the international settlement?

After the exporter has shipped the goods or rendered services to his customers abroad, he draws a bill of exchange on the latter with or without shipping documents attached thereto and then gives the draft to his bank together with his appropriate collection instructions. 2) What are the parties of a collection?

They are exporters, importers, remitting banks and collecting banks. 3) What is a documentary collection?

A documentary collection is an operation in which a bank collects payment on behalf of the seller (the principal) by delivering documents to the buyer.

4) How many types of documentary collection are there and what are they?

There are two types of documentary collection: documents against payment and documents against acceptance.

5) What does URC522 refer to?

The Uniform Rules for Collections (URC) form an internationally accepted code of practice covering documentary collections.

6) What are the duties of remitting bank and collecting bank?

Duties of the remitting bank and the collecting bank are documents pressing and operation upon the international practice and customs.

Chapter 7

1.Put the following phrases into English 商业用途 有条件的付款承诺 契约安排 付款义务 commercial utility conditional undertaking of payment contractual arrangement obligation of payment independent responsibility 独立责任 2.Put the following sentences into English

1) 在此契约安排下的每一项条款都是独立的。

Each item in contracts in this arrangement is independent of one another.

2) 进口商也要对远期汇票进行承兑并到期付款。

An importer is also obliged to make an acceptance on the term bill of exchange and make payment on its due. 3) 既然大多数的信用证都是不可撤销的,故此滋养印就在开证申请书上。

Since the great majority of credits are irrevocable, the indication of irrevocability is printed in the application form. 4) 出口商在向他的银行提示单据前就应确信其单据满足了信用证的要求。

Before the exporter presents the documents to his bank, he must ensure that they fully meet the requirements laid down in the credit.

5) 银行必须根据信用证的条款和要求仔细地审核单据。

The bank must check the presented documents carefully against the wording of the terms of credit.

3. True or False

1) Three parties are involved in the contracted arrangement concerning a documentary

credit.(T)

2) The credit follows principles of independence and abstraction.(T) 3) The documents and the goods are not separated from each other.(F)

4) As long as the documents presented by the beneficiary are in complete compliance with the

terms and conditions of the credit, the issuing bank or the bank nominated by the credit shall fulfill the undertaking to pay, accept or negotiate.(T)

5) As for the exporter’s bank, it will pay or negotiate against documents presented by the

exporter provided that they are in compliance with the terms and conditions of the credit.(T)

6) The importer may not reject to issue the credit of the exporter does not effect performance

bond upon the stipulation on the sales contract.(F)