A bank which is not a nominated bank confirms a credit, the nominated bank forwards the complying do
(1)( ) Issuing Bank
(2)( ) Confirming Bank
and why?
(1)( ) Issuing Bank
(2)( ) Confirming Bank
and why?
The bank which has a branch in Hong Kong arranged everything for him.(英译汉)
Air way bill is important files be accepted by Bank,which mean it is a document of title.( )
(1)( ) Red Clause credit.
(2)( ) Revolving credit.
(3)( ) Transferable credit.
Which bank has a dual obligation toward the beneficiary and its agent-reimbursing bank?
(1)( )Confirming Bank (2)( )Issuing Bank
(3)( )Nominated Bank
A.A. buyer
B.B. seller
C.C. importer
D.D. exporter
When anyone opens a current account at a bank, he is lending the bank money, repayment of which he may demand at any time, either in cash or by drawing a check in favor of another person. Primarily, the bank-customer relationship is that of debtor and creditor who is which depending on whether the customer's account is in credit or overdrawn. But, in addition to that basically simple concept, the bank and its customer owe a large number of obligations to one another. Many of these obligations can give rise to problems and complications but a bank customer, unlike, say, a buyer of goods, cannot complain that the law is loaded against him.
The bank must obey its customer's instructions, and not those of anyone else. When, for example, a customer first opens an account, he instructs the bank to debit (把……记入借方) his account only in respect of checks drawn by himself. He gives the bank specimens of his signature, and there is a very firm rule that the bank has no right or authority to pay out a customer's money on a check on which its customer's signature has been forged. It makes no difference that the forgery may have been a very skillful one: the bank must recognize its customer's signature. For this reason there is no risk to the customer in the practice, adopted day banks, of printing the customer's name on his checks, ff this facilitates forgery, it is the bank which will lose, not the customer.
When you have a bank account, you ______. ()
A.must always be in credit
B.can't draw any money if you're overdrawn
C.can draw money without notice
D.can't pay money to anyone else
(1)( ) Was partial shipment allowed in the credit?
(2)( ) Did the advising bank notify the issuing bank?
(3)( ) Both.
(4)( ) None.