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1题：
What will happen if a draft is stamped "accepted" by a bank?
A．The bank will sell it as soon as possible to the buyer.
B．The draft will become money market funds.
C．Dealers will buy it in the domestic market.
D．The draft becomes a banker's acceptance and will be sold in the money market.
第2题：
听力原文：M: We haven't set up correspondent relations with Standard Chartered Bank, London.
W: Then we shall try to find another bank to have our letter or credit advised.
Q: What do we learn from the conversation?
(18)
A．Standard Chartered Bank, London is one of our correspondent banks.
B．We can advise this L/C through Standard Chartered Bank, London.
C．We will send the advice of the L/C directly to the beneficiary.
D．Ａnother bank will be chosen as the advising bank of this L/Ｃ.
第3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4题：
Under the documentary credit, which of the following is false?
A．The buyer's bank will issue a documentary credit.
B．The seller has his bank's undertaking to pay.
C．If the seller presents the correct documents, he will be paid.
D．A bank acts as an intermediary between the buyer and seller and is willing to provide trade.
第5题：
The central idea of this passage is ______.
A．electronic transfer of funds
B．bank's payment mechanism
C．clearing of checks
D．computer and payment
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：
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8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9题：
听力原文：M: Good morning! This is a demand draft for one thousand American dollars. May I have it discounted here?
W: Sorry, immediate encashment of a foreign bill is not allowed. You may entrust it to us for collection. But it takes time.
Q: What should the man do if he wants to get the payment of the draft?
(18)
A．He has to show the clerk his passport.
B．He has to entrust the draft for collection to the bank.
C．He has to fill in some forms.
D．He has to endorse the draft.
第10题：
听力原文： When a savings account is opened in a bank, the depositor must sign a deposit agreement. By signing agreement, the depositor agrees to abide by the rules and regulations of the bank. At this time, a passbook may be given to the depositor. This is a small book in which the bank teller enters the date and amount of each deposit or withdrawal and initials the entry. The passbook is to be presented at the bank or mailed to the bank along with a deposit or withdrawal slip each time money is deposited or withdrawn from the account. An alternative practice for depositing or withdrawing money from a savings account is to give the depositor a small register for recording deposits and withdrawals and a pad of deposit withdrawal rotors. This procedure eliminates the use of the passbook.
24. What is the purpose of signing a deposit agreement?
25.What does a depositor do with a passbook?
26.What is the aim of a small register and a pad of deposit withdrawal forms?
(24)
A．To follow the bank's rules and regulations.
B．To have the right to make full use of the bank's facilities.
C．To open an account in the bank.
D．To protect the depositor's interest.