What is the safer and more normal method for the importer's bank to effect the settlement?
A．To issue a banker's draft.
B．To arrange for payment by mail transfer.
C．To make the payment to its correspondent bank.
D．To ask the importer to pay the money on his dollar account.
第1题：
How can the seller receive immediate payment if the draft is made payable on a future date?
A．He can send the draft to the correspondent bank for immediate payment.
B．He can present it to the bank against which it is drawn for payment.
C．He can ask the buyer to pay the money.
D．He can discount the draft at his bank and get money immediately.
第2题：
听力原文： Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.
27. What are banker's acceptances?
28.Who is the drawee of the draft mentioned in the passage?
29.What should be attached to the draft when it is presented for acceptance?
30.How does the bank accept the draft?
(27)
A．They are drafts issued by a bank on another bank.
B．They are a very old form. of commercial credit.
C．They are exchange bills discounted by customers.
D．They are checks cashed through the ATMs.
第3题：
听力原文：W: Henry, I understand your invoice for US $ 1,000 is due for payment at the end of this month. Please allow me to defer payment until four weeks later.
M: That's all right. We won't press you for immediate payment. Send us your check later on when you have money.
Q: What does the woman ask for?
(12)
A．Immediate payment.
B．Deferred payment.
C．Invoice.
D．US $1,000.
第4题：
Who is the "recipient" in the settlement?
A．The correspondent bank.
B．The British bank.
C．The British importer.
D．The American supplier.
第5题：
Why is the British bank able to offer its customer a banker's draft drawn in dollar?
A．Its US correspondent bank prefers to make the payment.
B．It will send dollar in cash by airmail.
C．It has a dollar account with another bank in an American city where the beneficiary lives.
D．Its customer has a dollar account with it.
第6题：
The terms of payment are important for both the seller and the buyer. For the seller, the best terms would be full payment ________. We’re flexible, adaptable and innovative. Everything we do is about your bu cash at the time of sale. But the buyer would prefer to have the goods before making payment. Importers and exporters are separated from each other by ________. We’re flexible, adaptable and innovative. Everything we do is about your bu?of miles. This adds to the difficulties of ________. We’re flexible, adaptable and innovative. Everything we do is about your bu an agreement of payment. However, exporters and importers usually meet each other half-way and agree to payment by a Letter of Credit. A letter of credit (L/C) is a banker’s guarantee that payment will be made, if all the required shipping documents are presented. * In this way, exporters receive a guarantee not only from importers, but also from a bank. * On ________. We’re flexible, adaptable and innovative. Everything we do is about your buhand, importers are given the guarantee that the bank will not make payment unless all the shipping documents are presented. Nevertheless, the exporter can further require an ________letter of credit. That means the guarantee of payment cannot be cancelled either by the opening bank or the importer.
第7题：
How many methods of settlement are mentioned in this passage when the British importer needs dollar to pay his American supplier?
A．Two.
B．One.
C．Three.
D．Several.
第8题：
What will a foreign seller do when he gets the letter of credit from the buyer?
A．He will draw a bill of exchange on the buyer's bank.
B．He will sell it and get money at once.
C．He will make payable on demand.
D．He will authorize the company to make the payment.
第9题：
What will the correspondent bank do in the settlement according to this passage?
A．It will make payment in dollars against the banker's draft.
B．It will send the draft to the bank in Britain.
C．It will issue a documentary credit.
D．It will have an agreement with the bank mentioned.
第10题：
In international trade, a banker’s letter of credit is not used for the payment of purchase price.()