单选题

A、 The collecting bank is the bank at the seller's country.
B、 The collecting bank acts only as an agent for the remitting bank.
C、 The collecting bank knows the buyer very well.
D、 The collecting bank noticed that the draft and the document were received.

【正确答案】

【答案解析】[听力原文] Acting as an agent for the remitting bank, the collecting bank notifies the buyer upon receipt of the draft and the documents.

A、 We usually pay a visit to that bank.
B、 We usually write to that bank for permission.
C、 We exchange some staff each other.
D、 We exchange the control document and test keys.

【正确答案】

【答案解析】[听力原文] Basically, what do we do if we establish a correspondent relationship with a foreign bank?

A、 This company is worth of financing.
B、 This company is highly rated in credit status.
C、 This company is rated lower in credit standing.
D、 This company runs a greater risk to make loans.

【正确答案】

【答案解析】[听力原文] This company is a speculative grade. You will run a greater risk to make a loan facility to it.

A、 two separate spot transactions
B、 one spot and the other forward transaction
C、 a "one month swap"
D、 the call option

【正确答案】

【答案解析】[听力原文] In spot dealing, you buy US dollar against Japanese Yen and a month later you buy back the Yen against the dollar. You're doing ______

A、 You're required to secure the money you borrowed.
B、 You're required to show your credit rating.
C、 You're required to offer a security for a loan from bank.
D、 You're required to improve the security.

【正确答案】

【答案解析】[听力原文] A security is required if you want to borrow money from bank.