The payment method that belongs to the remittance is ( )
A. Bills of remittance
B. Collection
C. Letter of guarantee
Direct collection
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The credit basis for the demand draft is the commercial credit between the remitter and the payee, and what type of Bill of exchange is used in handling ( )
A. Commercial spot
B. Commercial forward
C. Bank spot
D. Bank forward
The short for telegraphic transfer is ( )
A. D/D
B. M/T
C. T/T
D. T/D
Telegraphic transfer (T/T) has the features except that ( )
A. T/T is safe.
B. T/T is more expensive than M/T.
C. T/T is fast.
D. In telegraphic transfer, the payment order may be lost.
Which item is not necessarily indicated on a letter of credit?
A. kinds of credit
B. L/C amount
C. date and place of issue
D. acceptor