Câu hỏi:

09/08/2022 296

A foreign bank issues an undertaking to the exporter ( through a bank in the exporter’s country) to pay for the goods as long as the exporter complies with the terms and conditions of the contract. This is a much safer form of payment for the exporter. To be even safer, the exporter can arrange for the bank in his/her country to act as “ confirming bank”, which means that the bank in the exporter’s country is responsible for the transaction:

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CÂU HỎI HOT CÙNG CHỦ ĐỀ

Câu 1:

The exporter sends the goods and documents to the foreign buyer. The buyer pays the invoice when the goods arrive, or within a certain period from the invoice date. This can be risky,as the exporter trusts the buyer to honour the original sales contract:

Xem đáp án » 09/08/2022 521

Câu 2:

You can obtain cash at any time of the day or night from……..:

Xem đáp án » 09/08/2022 505

Câu 3:

Failure to carry out the terms of a contract, especially failure to pay back a debt:

Xem đáp án » 09/08/2022 480

Câu 4:

A statement sent regularly to customers – showing debits, credits and the balance of the account:

Xem đáp án » 09/08/2022 420

Câu 5:

Legal agreement where someone lends money to another person so that he can buy a property, the property being the security:

Xem đáp án » 09/08/2022 403

Câu 6:

An employee who serves customers in a bank for their deposits, withdrawals and other services:

Xem đáp án » 09/08/2022 384

Câu 7:

A numerical assessment of the risk of a potential borrower:

Xem đáp án » 09/08/2022 360