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  3. Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under t

Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under t

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问题     Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under the terms of the credit. Documents required usually include an order bill of lading, a commercial invoice, and any of the following; consular invoice, insurance certificate or policy, certificate of origin, weight list, packing list.
    The first is the standby letter of credit, in which the issuing bank undertakes to pay if the applicant does not carry out his obligations. Documents normally called for are evidences of the underlying transaction, such as non-negotiable copies of bills of lading, or third party’ s certificate certifying the non-payment by the applicant. The second is the indemnity for minor discrepancies in the documents given to the shipping company so that the issuing bank may make payment or the shipping company may release goods to the applicant.
According to the passage, a documentary letter of credit is one which______.
选项 A、includes any drafts
B、includes drafts accompanied by invoice, bill of lading and other documents
C、is accompanied by invoices, bill of lading and other documents
D、is accompanied by drafts as well as insurance policy and commercial invoices
答案B
解析 文章第一段提到Most commercial letters of credit…drafts drawn under the terms of thecredit。跟单信用证必须包括依据开信用证条款项下所开具的单据。
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本试题收录于： FECT综合（现代金融业务）题库金融英语（FECT）分类
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