Which of the following sentences about collection is ture?
A: By collection, the buyer draws a bill of exchange, to which shipping documents are attached.
B: In collection, the bank will do the service of collecting and remitting.
C: In collection, bank will pay a seller even if the buyer has not received the goods.
D: In collection, payment is made through banks under the two terms of payment: D/P or D/A.
A: By collection, the buyer draws a bill of exchange, to which shipping documents are attached.
B: In collection, the bank will do the service of collecting and remitting.
C: In collection, bank will pay a seller even if the buyer has not received the goods.
D: In collection, payment is made through banks under the two terms of payment: D/P or D/A.
举一反三
- Collection is a written under taking by a bank in the form of a letter sent to the seller at the request of the buyer to effect payment against the stipulated documents.
- In ___________, the buyer’s bank undertakes to pay the seller when the terms and conditions have been met. A: payment in advance B: open account payment C: documentary collection D: L/C
- In documentary collection, after the goods have been shipped, the exporter presents the documents to . A: the collecting bank B: the reimbursing bank C: the remitting bank D: the presentingbank
- Which of the following is not the basic payment term? A: Bill<br/>of Exchange B: Remittance C: Collection D: Letter<br/>of credit
- 中国大学MOOC: Collection is made through banks under the terms of