Export/ import financing in which a bank acts as an intermediary without accepting financial risk is called (a)   .

A document ordering an importer to pay an exporter a specified sum or money at a specified time is called a (an) (a)   . (2 đáp án viết liền)

Export/ import financing in which the importer's bank issues a document stating that the bank will pay the exporter when the exporter fulfills the terms of the document is called a (an) (a)  

A contract between the exporter and carrier that specifies destination and shipping costs of the merchandise is called a(n) (a)   .

Export / import financing in which an exporter ships merchandise and later bills the importer for its value is called (a)   .

a) document that shows details of goods being transported; it entitles the receiver to collect the goods on arrival

(a)  

b) list of goods sold as a request for payment

(a)  

c) bank that issues a letter of credit (i.e. the importer’s bank)

(a)  

d) bank that receives payment of bills, etc. for their customer’s account (i.e. the exporter’s bank)

(a)  

e) document allowing someone to claim ownership of goods

(a)  

f) payment by bill of exchange to which documents are not attached

(a)  

g) signed document that orders a person or organization to pay a fixed sum of money on demand or on a specified date

(a)  

h) bank that confirms they will pay the exporter on evidence of shipment of goods

(a)  

i) method of financing overseas trade where payment is made by a bank in return for delivery of commercial documents, provided that the terms and conditions of the contract are met

(a)  

j) payment by bill of exchange to which commercial documents (and sometimes a document of title) are attached

(a)  

1. The first step the exporter takes is to ask his bank to ………….. a bill of exchange on the overseas buyer.

(a)  

2. The exporter’s bank ………………. the bill of exchange, together with the commercial documents, to the importer’s bank.

(a)  

3. At the same time, the exporter…………………. the goods

(a)  

4. The exporter must take care to ………………….the correct documents to the bank

(a)  

5. When the importer………..…the bill of exchange, the bank will………….the documents of title to the goods. (2 đáp án viết cách nhau = 1 dấu cách)

(a)  

6. If the importer…………………..the bill, the exporter may have to find an alternative buyer or ship the goods back again

(a)  

7. In some parts of the world, banks may be slow to …………….. payment to the exporter’s bank.

(a)  

In the documentary collection, if the importer (a)   the bill, the exporter may have to find an alternative buyer or ship the goods back

the first step of the proceduce for documentary collection, the exporter's task is to ask his bank to (a)   a bill of exchange on the overseas buyer

(a)   is payment by bill of exchange to which commercial documents and sometimes a document of title are attached

a document by which a buyer undertakes to pay a seller through a bank if the seller delivers the goods according to terms of the contract. it can be documentary or irrevocable: (a)  

(a)   is the most secure mode of payment for the importer

(a)   is the most secure mode of payment for exporters

in some parts of the world, banks may be slow to (a)   payment to the exporter's banks

exporter/importer financing in which a bank acts as intermediary without accepting financial risks: (a)  

export/import financing in which an exporter ships merchandise and latter bills the importer for its value is

(a)  

export/import financing in which an importer pays an exporter for merchandise before it is shipped is (a)