金融英语

Section One(5%)

Directions: Read the following passage and fill in the blanks with its contents. Write your answers on the ANSWER SHEET.

As per the terms and conditions of the Contract No. 123, the payment is to be made by a docu mentary credit. Now, at the request of the importer, Mr. Houston & His Son, CITIBANK N.A. he reby issues a documentary credit No. 56789 in favor of China National Chemicals Imp. & Exp. Corp., 56 Dongnanmen street, Beijing, to the extent of USD 56,700.00 on May 23, 1997.

On June 1, 1997 the exporter shipped the relative goods and drew a draft on the issuing bank, asking him to pay the credit amount at 60 days after sight of the draft. Mr. Grace Peter, ma nager of the corporation, was authorized to sign the draft.

Bill of Exchange

No.123 ①Dated Exchange for ②

At ③ days after sight of this FIRST of Exchange (Second of exchange being unpaid)

Pay to the order of ④ The sum of ⑤

Drawn under L/C No. ⑥ dated ⑦ Issued by ⑧

value received and charged the same amount to

To ⑨

⑩

（责任编辑：xll）

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