What is a correct statement about vostro account()
A. It’s a due from account
B. It’s a due to account
C. It’s our bank’s account in the book of an overseas bank denominated in foreign currency
D. It’s purpose is to facilitate international payments and settlements abroad
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What’s not a correct statement about SWIFT()
A. The headquarter of SWIFT is at Brussels
B. It is a computerized international telecommunications system
C. The most important service provided by SWIFT is interbank file transfer
D. Messages are standardized formatted
What is a correct statement about Chips()
A. It’s acronym for Clearing House Interbank Payment System
B. It’s a netting system
C. It’s operated by the New York Clearing House Association
D. It’s member banks are commercial banks in New York
What’s not a correct statement about international settlements()
A. It is financial activities
B. The banks are the center in the course of settlements
C. settlements among countries
D. Cash transfer is the main method
The prospectus of Reading club___ three parts()
A. is making of
B. is made of
C. is made up of
D. is made from