Which of the following statements about remittance (T/T) is not true? ()
A: Exporter acts as beneficiary.
B: Remittance can be canceled by the remitter before Paying Bank effects payment to Beneficiary.
C: Paying bank should effect payment strictly according to the payment instruction received from the remitting bank.
D: Exporter is the Remitter.
A: Exporter acts as beneficiary.
B: Remittance can be canceled by the remitter before Paying Bank effects payment to Beneficiary.
C: Paying bank should effect payment strictly according to the payment instruction received from the remitting bank.
D: Exporter is the Remitter.
举一反三
- Which of the following statements about the relationship between the parties to remittance is false?() A: Payee must have an account with Paying bank. B: Remitter and Payee might be business partners. C: Paying bank is the agent of Remitting bank. D: Remitting bank is the agent of Remitter.
- What are the parties concerned for the Remittance? Which answer is not right? A: the remitter B: the drawer C: the remitting bank D: the paying bank
- ( ) is the bank that makes payment to the beneficiary against presentation of stipulated documents. A: Confirming bank B: Negotiating bank C: Paying bank D: Reimbursing bank
- The ( ) buys the exporter’s draft and makes payment to the exporter. A: Confirming bank B: Paying bank C: negotiating bank D: Reimbursing bank
- （ ） is the bank that makes payment to the beneficiary against presentation of stipulated documents.