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提问人：网友tzm529 发布时间：2022-01-07
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COMMERCIAL BANK OF TORONTO Date: Sept.5, 1998 To: BEIJING IMP.EXP CORP. Beijing, China Adv

COMMERCIAL BANK OF TORONTO

Date: Sept.5, 1998

To: BEIJING IMP.EXP CORP.

Beijing, China

Advised through Bank of China, Beijing

No, BOC 98/09/05

DOCUMENTARY LETTER OF CREDIT

IRREVOCABLE

Dear Sirs,

You are authorized to draw on VANCOUVER TRADING CO. LTD., Vancouver for a sum not exceeding CAN $ 24,000(SAY CANADIAN DOLLARS TWENTY THOUSAND ONLY) available by draft drawn on them at 60 day’s sight accompanied by the following documents:

-- Full set of Clean on Board Bills of Lading made out to order and blank endorsed, marked "freight prepaid" dated not later than October 31,1998 and notify accountee.

-- Signed Commercial Invoice in quintuplicate.

-- Canadian Customs Invoice in quintuplicate.

-- Insurance Policies (or Certificates) in duplicate covering Marine and War Risks.

Evidencing shipment from China port to Toronto, Canada of the following goods:

1,000 dozen of Art. No. G3030 COTTON BATH TOWELS at CAN $ 24 per dozen CFRC2 Vancouver, details as per your S/C No.98 - 110.

Partial shipments are allowed.

Transhipment is prohibited.

This credit expires on November 15, 1998 for negotiation in China.

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更多“COMMERCIAL BANK OF TORONTO Date: Sept.5, 1998 To: BEIJING IMP.EXP CORP. Beijing, China Adv”相关的问题
第1题
The PBC can exercise examination of a commercial bank at any time.A．RightB．WrongC．Doesn't

The PBC can exercise examination of a commercial bank at any time.

A．Right

B．Wrong

C．Doesn't say

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第2题
A commercial bank shall establish and improve its system of internal control according to
law.

A．Right

B．Wrong

C．Doesn't say

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第3题
The recovery of funds of a commercial bank is ideally managed on a parallel with its expen
diture.

A．Right

B．Wrong

C．Doesn't say

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第4题
A correspondent bank may supply the following services to other commercial banks:A.keeping
accounts,B.assisting in the sale or purchase of assets,C.providing information about capital markets

A．Right

B．Wrong

C．Doesn't say

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第5题
A commercial bank should try its best to increase the profits of its creditor and ownershi
p sources.

A．Right

B．Wrong

C．Doesn't say

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第6题
The great changes happening to American finance can be reflected by ______.A．the gradual t

The great changes happening to American finance can be reflected by ______.

A．the gradual transformation of shadow banking system

B．the prosperity of independent investment bank Wall Street relies on

C．the bankruptcy of Bear Stearns and Merrill Lynch after being swallowed

D．the conversion of Goldman Sachs and Morgan Stanley to commercial banks

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第7题
Checking accountsIn the United States, checking accounts are available only at commercial

Checking accounts

In the United States, checking accounts are available only at commercial banks. Commercial banks specialize in demand deposits, such as checking accounts. A checking account is money that a customer deposits in order to use that money to write checks. Saving accounts pay the depositor interest but checking accounts do not. In fact, checking account customers pay the bank a service charge for the bookkeeping involved in administering the account.

The method of recordkeeping is also different in savings accounts and checking accounts. A depositor must present his passbook for any savings account transaction. The bank records these transactions in the depositor's passbook. Checking account customers, however, do not have passbooks. They themselves record the amounts of the checks that they write and they receive a monthly statement from the bank. This statement lists all the checks that the bank paid and all deposits that the account holder made during the month. The bank usually sends the statements with the customer's cancelled checks. The customer then compares the balance on the statement with the balance in his own records by subtracting the total of his outstanding checks.

There are other fees that the bank may collect from checking account holders. For instance, banks charge a fee for stopping payment to a check. When a depositor decides that be doesn't want the bank to pay a payee, but he bas already written a check to that person, he may give the bank a stop payment order. The bank will then refuse to pay this check, and charges the depositor a fee. 'Banks also charge a depositor a fee when he is overdrawn. A depositor is overdrawn when he writes a check for more money than the balance in his account: The bank marks the check "insufficient funds", returns it, and charges a penalty for it. In everyday language we say that a check returned for insufficient funds has "bounced".

Recent changes in banking regulations have allowed savings banks to offer negotiable order of withdrawal accounts. These accounts, called N. O. W. accounts, are very similar to checking accounts but they pay interest like savings accounts. The depositor can write withdrawal orders against the balance in the account. These withdrawal orders look like checks, and depositors receive a monthly statement summarizing deposits and withdrawals. There is often no service charge if depositors keep a minimum balance in their accounts. Commercial banks also offer N. O. W. accounts.

As far as checking accounts go, the difference between savings banks and commercial banks is growing smaller in the U. S.

State whether each statement is true or false based on the reading.

Checking accounts are available at savings banks.

A．True

B．False

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第8题
A negative interest rate means that the _____ will charge negative interest、

A.policy bank

B.commercial bank

C.central bank

D.government

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第9题
It can be inferred that ______.A.the People's Bank and commercial banks do not function pr
operlyB.the People's Bank of China has an upper hand over the commercial banksC.the two banks operate in a low efficiencyD.the People's Bank operates at a loss while the commercial banks operates at a profit

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第10题
L/C means the commercial credit instead of bank credit（）
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第11题
In the United States, a commercial bank qualifies as a "bank" under federal law if it offers:

A、A.consumer installment loans, CDs.

B、B.trust services, commercial loans.

C、C.checking accounts, commercial loans.

D、D.commercial deposit accounts, consumer savings plans.

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