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A credit was issued by ABC Bank Limited on 01-10-2008 and was confirmed by XYZ Bank Limited. The cre

dit was "30 days after sight" available with the confirming bank by acceptance. On presentation of the documents to the confirming bank on 01-11-2008, the confirming bank communicated its acceptance to the beneficiary on the same day and forwardered the documents to the issuing bank. The issuing bank communicated its acceptance on 05-11-2008.

Which one is the correct maturity date under the presentation?

(1)( ) 31st October 2008.

(2)( ) 1st December 2008.

(3)( ) 5th December 2008.

(4)( ) None.

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更多“A credit was issued by ABC Ban…”相关的问题
第1题
An insurance policy issued to bearer was presented to the banks whereas the credit requires an insur
ance policy endorsed in blank. Would it be acceptable?

(1)( ) Yes

(2)( ) No

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第2题
Acertificate of origin must be issued by the party stated in the credit.However,if a credi
t requires a certificate of origin to be issued by the beneficiary,the exporter or the manufacturer,a document issued by a chamber of commerce will be deemed acceptable provided it clearly identifies the beneficiary,the exporter or the manufacturer as the case may be.If a credit does not state who is to issue the certificate,then a document issued by any party,including the beneficiary,is acceptable.

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第3题
If bonds are issued between interest dates, the entry on the books of the issuing corp

A.debit to Interest Payabl

B.credit to Interest Receivabl

C.credit to Interest Payabl

D.credit to Interest Expens

E.

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第4题
Which of the following statement is most appropriate as per UCP 600? (1)() A credit must not be is

Which of the following statement is most appropriate as per UCP 600?

(1)( ) A credit must not be issued available by draft drawn on the applicant.

(2)( ) A credit may not be issued available by draft drawn on the applicant.

(3)( ) A credit may be issued available by draft drawn on the applicant.

(4)( ) A credit should be issued available by draft drawn on the applicant.

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第5题
A certificate of origin must be issued by the party stated in the credit. However,if a credit requir
es a certificate of origin to be issued by the beneficiary,the exporter or the manufacturer,a document issued by a chamber of commerce will be deemed acceptable provided it clearly identifies the beneficiary,the exporter or the manufacturer as the case may be. If a credit does not state who is to issuethe certificate,then a document issued by any party,including the beneficiary,is acceptable.
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第6题
Can the name of the applicant be changed in a Letter of Credit after it has been issued? (1)() Yes

Can the name of the applicant be changed in a Letter of Credit after it has been issued?

(1)( ) Yes.

(2)( ) No.

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第7题
Under international standard banking practice,it is expected that documents issued by the
beneficiary will be in the language of the credit.When a credit states that documents in two or more languages are acceptable,a nominated bank may,in its advice of the credit,limit the number of acceptable languages as a condition of its engagement in the credit or confirmation.

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第8题
Consignee information, if shown, must not be inconsistent with the consignee information in the tran
sport document. However,if a credit requires a transport document to be issued“to order”,“to the order of shipper”,“to the order of the issuing bank”, or“consigned to the issuing bank”, the certificate of origin may show the applicant of the credit,or another party named therein, as consignee. If a credit has been transferred,the name of the first beneficiary as consignee would also be acceptable.
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第9题
The______informs the beneficiary that another bank has issued a credit in his favor withou
t adding its own engagement.

A.advising bank

B.confirming bank

C.drawee bank

D.issuing bank

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第10题
A credit requires an "invoice" without further definition. Which of the following MUST be
considered a discrepancy?

(1)( )Presentation of a document identified as a tax invoice.

(2)( )An invoice which is not signed.

(3)( )An invoice made out in a different currency to the credit.

(4)( )An invoice issued for an amount in excess of that permitted by the credit.

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第11题
In accordance with UCP, all the following statements relating to commercial invoice under a non-tran
sferable documentary credit are correct except they must

(1)( ) be manually signed by the beneficiary.

(2)( ) be made out in the name of the applicant.

(3)( ) appear to have been issued by the named beneficiary.

(4)( ) indicate the description of goods corresponding with the documentary credit.

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