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
15
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hence in part the term "exchange rate", which was maintained even though other methods of payment have largely superseded the bill of exchange.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.
Who is the "recipient" in the settlement?
选项
A、The correspondent bank.
B、The British bank.
C、The British importer.
D、The American supplier.
答案
D
解析
收款是美国的供应商。所以D选项正确。
转载请注明原文地址:https://jikaoti.com/ti/IejsFFFM
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
In1870srichpeoplebegantospeakofspendingweekendsinthecountryvisitingfriends.Formostpeoplebackthen,however,th
Peopleliketothinkthatlifewasbetterinthepast.Theairwascleaner,thewaterwasclearer,people【C1】______friendlier,l
BufordisthesmallesttownintheUS.ThetownishighinthemountainsanditliesontheroadbetweenNewYorkandCalifornia
YOURBUILDINGSERVICE√Wehelppeopleinthispartofthecityby:*checkingallplans(方案)beforepeoplebuildnewhouse
Ellenlefthomeearlyyesterdaybecauseatnineo’clockshewasgoingtostartworkatacompanyinthecity.Shewasonlyeigh
Mr,andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
Ifretainedearningswereunderstatedandliabilitieswereoverstated,whichofthefollowingerrorscouldhavebeenthecause?
Afirm’sgearingistheleveloffixedassetsasapercentageoftotalassets.
Afixedassetregisterhadabalanceof$125000.Afixedasset,whichhadcost$12000,wassoldfor$9000ataprofitof$20
A、Businessdevelopmentloans.B、Houseimprovementloans.C、Farmdevelopmentloans.D、Overdrafts.D录音原文一开始提到Somebanksoffer...a
随机试题
什么是古语词?运用古语词有什么积极作用?
在化工生产过程中,通常用空速的大小来表示催化剂的生产能力,空速越大,单位时间、单位体积催化剂处理的原料气量就越大,所以空速越大越好。 ()
A.疏风清肺化痰B.清热化痰肃肺C.清热解毒排脓D.清肺化瘀消痈肺痈成痈期的治法是
A.潜伏期短,无季节性B.发病预后不好C.发病常传染性D.发病立即死亡E.潜伏期相对较长,有一定季节细菌性食物中毒的特点有
下列疾患属于世界卫生组织认为的食源性疾患的是
根据政府采购法律制度的规定,下列各项中,属于在招标采购中应予废标的情形有()。
关于仲裁协议的效力,下列说法中,正确的有()。
下列融资方式中,不适于商业银行在遇到短期资金紧张时获得资金的是()。
表中Z等于( )。英语得2分及2分以下的人数为( )。
SincethemajorityofmystudentsgetconfusedbetweenElizabethanandVictorianEngland,Ifounditunreasonabletocountonth
最新回复
(
0
)