2023年6月24日发(作者：)

：

号题

学

答

：

名要姓

不

：内级

班

业

专

线

订：

院

学

装

浙江林学院 2006 - 2007 学年第 二 学期考试卷（B卷）

课程名称： 国际结算（双语）课程类别： 必修 考试方式： 闭卷

注意事项：1、本试卷满分100分。

2、考试时间 120分钟。

Article no.

Ⅰ Ⅱ Ⅲ Ⅳ Ⅴ Ⅵ Ⅶ Ⅷ

Result

Scores

Teacher

Ⅰ Decide whether the following statements are true or false.

(Please mark “T” if the answer is true, or you shall mark “F” if

Scores

the answer is false. Each one 2 score, total 30 scores.)

1. ( ) From a Chinese bank’s view, a Vostro Account or Due to Account is a Chinese

currency account held for its overseas correspondents.

2. ( ) There is no acceptor in a promissory note.

3. ( ) An endorser of a bill is liable on it to subsequent endorsers and holders of the

bill.

4. ( ) If a check is presented undated, the payee can insert a date.

5. ( ) A bill payable “ at 90 days sight” is a sight bill.

6. ( ) Under D/D, upon receipt of the draft, the beneficiary can ship the goods before

he present it for payment at the counter of the drawee bank.

7. ( ) Under D/A, after acceptance, the buyer gains possession of the goods before

payment and is able to dispose of the goods as he wishes .

8. ( ) Usually the advising bank is the bank resides in the same city as the buyer.

9. ( ) A transferable credit can be transferred only to one party and all the terms and

conditions cannot be changed while it is transferred.

10. ( ) In a reciprocal credit, the advising bank itself gives a packing loan to the

beneficiary.

共7页 第 1 页

11. ( ) The issuing bank’s signature is only to be placed on the advice for the

beneficiary.

12. ( ) If the credit is a deferred payment credit, there is no need to draw a draft.

13. ( )

The credit is legally quite independent of the underlying transaction.( )

14. ( ) Negotiate, without recourse, if the credit is available by negotiation with the

confirming bank.

15. ( ) A bank assumes no liability or responsibility for the consequences arising out

of the interruption of its business by Acts of God, riots, civil commotions,

insurrections, wars, acts of terrorism, or by any strikes or lockouts or any other

causes beyond its control. A bank will not, upon resumption of its business,

honor or negotiate under a credit that expired during such interruption of its

business.

Ⅱ Choose the correct or best answer to each of the following

statements. (Each only has a correct answer or best answer,

Scores

mark your option on the line. 2 scores per sub-article, total 28

scores)

1. International cash settlement has the following disadvantages except _______ .

A. expensive B. safe C. risky D. time-consuming

2. A check is valid for ______months from the date of issue, unless a shorter period is

written on the face of it.

A .six B. nine C. three D. one

3. A______carries comparatively little risks and can be discounted at the finest rate of

interest.

A. sight bill B. bank draft C. commercial bill D. trade bill

4. _______must be accepted by the drawee before payment.

A. A sight bill B. A check payable at xx days after sight

C.A promissory note D.A bill payable at xx days after date

5. If the paying bank opens a current account with the remitting bank, the reimbursement

may be effected by ______.

A. Instructing the paying bank to claim reimbursement from another branch of the same

bank or another bank with which the remitting bank opens an account.

B. Debiting remitting bank’s nostro account

C. Instructing a reimbursing bank to pay the paying bank by debiting the remitting

bank’s nostro account.

D. Crediting vostro account of the paying bank.

共7页 第 2 页 6. _____ is not a risk that the exporter assumes on documentary collection basis?

A. Non-acceptance of merchandise

B. Harm to the reputation due to dishonor

C. Exchange restrictions

D. Non-payment of trade acceptance

7. A confirmed irrevocable letter of credit .

A. carries the confirmation of the issuing bank

B. always involves at least two banks

C. is issued by the advising bank

D. creates the highest level of security against sovereign risk

8. __________is not included in the category of payment guarantee

A Deferred payment bond B Guarantee for compensation trade

C Loan guarantee D Bid bond

9. Which of the following details on the transferred credit may not be different to that of

the credit before transfer? .

A. The shipping date B. The expiry date of the credit

C. The description of the goods D. The name of the applicant

10 Commercial invoice must be made out in the name of ___

A the applicant B the beneficiary

C the issuing bank D the advising bank

11. If a credit calls for an insurance policy, banks will accept_______.

A. an insurance policy B. an insurance certificate

C. both A and B D. open policy

12. Forfaiting makes the seller to evade various risks, except________

A. interest-rate risk & currency risk,

B. credit risk

C. political risk;

D. risks due to stop payment order received by the forfaitor in accordance with

international convention

13. Measures for a bank before issuing a credit except for_________

A. Credit line

B. Importer’s creditworthiness

C. Liquidity of the goods

D. Complying presentation

14. Events regarding to handle trade financing difficulty under credit _____

A. Negotiate restrictively

B. Actions of the issuing bank and his/her customary operation

C. Time credit exceeding at 180 days

D. All above

共7页 第 3 页 Scores

Ⅲ Please answer the following questions.（Total 22 cores）

1. Please translate the following terms of credit and give your suggestions on them.

(4 scores with each sub-article 2 scores)

(i) This credit is only a preliminary advice and will become effective upon receipt of our

authenticated cable to the advising bank confirming that applicants have received and

approved the advanced sample.

(ii) Copy of telex from applicant to suppliers approving the counter samples

2. Please have an analysis on the difference between a documentary credit and

a standby credit. ( 6 scores)

共7页 第 4 页 3. Please list kinds of export finance and their application. ( 6 scores)

4. How to evade risks under documentary collection? ( 6 scores)

Ⅳ Practice combination:

Scores

As per specimen of a credit, please reply and operate as per

requirements following. (Total 20 scores)

(i)To judge kinds of the credit at least 3 kinds. (3 scores)

(ii)Which kinds of documents should be presented to the nominated bank

and it’s copies. (8 Scores)

(iii)To issue a bill of exchange. Remarks: the actual shipment date was

040610. (5 Scores)

(iv)How to show BLANK ENDORSEMENT on the bill of exchange. (2 scores)

(v)At the beneficiary’s end, should the terms and conditions of this credit be

amended? Please give one reasonable comment on it. ( 2 scores)

共7页 第 5 页 Answers

(i)

(ii)

Documents

(iii)

Original

copies

BILL OF EXCHANGE

凭 Drawn Under

日期 Date

号码 No.

见票at

不可撤销信用证Irrevocable L/C No.

支 取 Payable With interest

@ %

按

息

付款

汇票金额Exchange for

杭州 Hangzhou

日 后 (本 汇 票 之 副 本 未 付) 付 交 sight of this

FIRST of Exchange (Second of Exchange

Being unpaid) Pay to the order of

金额the sum of

此致 To

(iv)

(v)

共7页 第 6 页 Specimen of a letter of credit

2001MAR22 09:18:11 LOGICAL TERMINAL E102 MT S700

ISSUE OF A DOCUMENTARY CREDIT

MSGACK DWS765I AUTH OK, KEY B0FC5, BKCHCNBJ RJHISARI RECORO

BASIC HEADER

APPLICATION HEADER

SEQUENCE OF TOTAL 27

0700 1057 010320 RJHISARIAXXX 7277 977367 020213 1557 N

ALRAJHI BANKING AND INVESTMENT CORPORATION

RIYADH HEAD OFFICE

1 / 1

IRREVOCABLE

0011LC123756

010320

DATE 010505 PLACE CHINA

NEO GENERAL TRADING CO.

P.O. BOX 99552, RIYADH 22766, KSA

TEL: 00966-1-4659220 FAX: 00966-1-4659213

DESUN TRADING CO., LTD.

HUARONG MANSION RM2901 NO.85 GUANJIAQIAO, NANJING 210005,

CHINA TEL: 0086-25-4715004 FAX: 0086-25-4711363

CURRENCY USD AMOUNT 13260,00

ANY BANK IN CHINA,BY NEGOTIATION

SIGHT

ALRAJHI BANKING AND INVESTMENT CORPORATION RIYADH *(HEAD

OFFICE)

NOT ALLOWED

NOT ALLOWED

CHINA MAIN FORT, CHINA

DAMMAM PORT, SAUDI ARABIA

44 C

45 A

46 A

010430

1700 CARTONS CANNED MUSRHOOM PIECES & STEMS 24 TINS X 425

GRAMS NET WEIGHT (D.W. 227 GRAMS) AT USD7.80 PER CARTON.

ROSE BRAND.

+ SIGNED COMMERCIAL INVOICE IN TRIPLICATE

+ FULL SET CLEAN ON BOARD BILL OF LADING MADE OUT TO THE

ORDER OF AL RAJHI BANKING AND INVESTMENT CORP, MARKED

FREIGHT PREPAID AND NOTIFY APPLICANT, INDICATING THE FULL

NAME, ADDRESS AND TEL NO. OF THE CARRYING VESSEL'S AGENT AT

THE PORT OF DISCHARGE.

+ PACKING LIST IN ONE ORIGINAL PLUS 5 COPIES

+ INSPECTION (HEALTH) CERTIFICATE FROM C.I.Q.

+ CERTIFICATE OF ORIGIN DULY CERTIFIED BY C.C.P.I.T.

STATING THE NAME OF THE MANUFACTURERS OF PRODUCERS

AND THAT GOODS EXPORTED ARE WHOLLY OF CHINESE ORIGIN.

+ SHIPMENT TO BE EFFECTED BY CONTAINER AND BY REGULARE

LINE. SHIPMENT COMPANY'S CERTIFICATE TO THIS EFFECT SHOULD

ACCOMPANY THE DOCUMENTS.

+ INSURANCE POLICY OR CERTIFICATE IN 1 ORIGINAL AND

1 COPY ISSUED OR ENDORSED TO THE ORDER OF AL RAJHI BANKING

AND INVESTMENT CORP FOR THE INVOICE PLUS 10 PERCENT

COVERING ALL RISKS, INSTITUTE CARGO CLAUSES, INSTITUTE

STRIKES.

A DISCREPANCY FEE OF USD50.00 WILL BE IMPOSED ON EACH SET OF

DOCUMENTS PRESENTED FOR NEGOTIATION UNDER THIS L/C WITH

DISCREPANCY. THE FEE WILL BE DEDUCTED FROM THE BILL AMOUNT.

PAYMENT UNDER THE GOODS WERE APPROVED BY

SAUDI GOVERNMENT LAB.

ALL CHARGES AND COMMISSIONS ARE ON BENEFICIARIES' ACCOUNT

INCLUDING REIMBURSING, BANK COMMISSION, DISCREPANCY FEE (IF

ANY) AND COURIER CHARGES.

FORM OF DOC. CREDIT 40 A

DOC. CREDIT NUMBER 20

DATE OF ISSUE

DATE/PLACE EXP.

APPLICANT

BENEFICIARY

AMOUNT

AVAILABLE WITH/BY

DRAFTS AT ...

DRAWEE

PARTIAL SHIPMTS

TRANSSHIPMENT

LOADING ON BRD

31 C

31 D

*

*

*

*

50

59

32 B

41 D

42 C

42 A

43 P

43 T

44 A

PORT OF DISCHARGE

LATEST SHIPMENT

GOODS DESCRIPT.

DOCS REQUIRED

ADD CONDITION: 47 A

CHARGES 71 B

ADVISE THROUGH: BKCHCNBJ910 BANK OF CHINA, ZHEJIANG BRANCH

共7页 第 7 页