Under methods of payments in international transactions,
A) The routing number known as the ABA number is used by all banks in the world,
B) Wire transfer is the least common form of payment in international transactions.
C) The routing number known as IBAN is used by all banks in the world
D) Some banks require routing numbers for the actual delivery of the payment
E) SWIFT is used by most banks use a messaging system to notify recipient bank of the arrival of funds
Correct Answer:
Verified
Q28: The following is true for offshore banks
Q29: When an advance payment is used as
Q30: When a letter of credit is used
Q31: When a documentary collection as a method
Q32: In an open revolving account
A) an exporter
Q34: In global shipping:
A) Tanker carriers transport mostly
Q35: Among global stock exchange markets,
A) the London
Q36: In the global depository market,
A) The popularity
Q37: In the Eurocurrency market,
A) the original Eurodollar
Q38: The Office of Foreign Assets Control, a
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