Letter of credit belongs to banker’s credit.
举一反三
- Remittance and collection belong to commercial credit, and letter of credit belongs to banker’s credit.
- The characteristics of the letter of credit include that （ ）。 A: a letter of credit business is a banker's credit B: a letter of credit is an independent instrument C: the exporter must be able to get paid under L/C D: a letter of credit is a kind of transaction of documents
- To the exporter, the fastest and safest method of settlement is ______.() A: letter of credit B: advance payment C: collection D: banker's draft
- Which of the following statements about the bank credit is wrong? A: Bank credit is always regard as indirect credit. B: Bank credit is always regarded as short-term credit. C: Bank credit is always direct credit. D: Bank credit is always long-term credit.
- To the exporter, the fastest and safest method of settlement is ( ) A: letter of credit B: cash in advance C: open account D: banker’s draft