( ) has the highest efficiency but costs most.
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Which of the following is not an indicator of right setting?
A. The right of the instruments arises from issuing of instruments.
B. The right of the instruments is transferred by delivering of instruments.
C. The right of the instruments is exercised by presenting of instruments.
D. The title of instruments can be passed from person to person by delivery or by endorsement and delivery.
It is the ( ) that undertakes the primary liability to effect payment under letter of credit.
A. issuing bank
B. importer
C. exporter
D. advising bank
“Remittance methods” are international settlement based on ( )
A. National credit
B. Commercial credit
Corporation credit
D. Bank credit
In the remittance business, if the remittance notice from the remitting bank to the paying bank indicates: "In cover, please debit our account with you", it means( )
A. The remitting bank has an account with the currency used in the remittance business at the paying bank.
B. The paying bank has an account with the currency used in the remittance business at the remitting bank.
C. Handle the allocation of the relevant position through the joint account bank.
D. Transfer funds through other banks.
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