When using the method of draft payment, the remitting bank shall, at the application of the remitter, issue the bill to its branch or agent bank as follows().
A. commercial draft
B. promissory note
C. bank demand draft
D. bank time draft
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Which of the following payment methods does not exist or is unreasonable?()
A. D/P at sight
B. D/P forward payment
C. D/A at sight
D/A at a time
The full set of shipping documents should be().
A. with draft under L / C
B. bill of exchange under collection
C. 50% under L/C and 50% under collection
D. they are listed under L/C and collection draf
According to UCP500, if a letter of credit does not indicate whether it can be revoked, it can be understood as().
A. revocable
B. at the discretion of the issuing bank
C. irrevocable
D. to be decided by the applicant of the issuing bank
UCP600 provides that if a letter of credit does not indicate whether the letter of credit is transferable, it can be understood as().
A. non-transferable
B. transferable
C. it's up to the beneficiary
D. at the discretion of the issuing bank