T/T is a quicker method of payment than a banker’s demand draft.

The operations of a telegraphic transfer is just the same as the mail transfer.

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A further advantage of TT over MT is that there is no danger of instructions being delayed or lost in the post.

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The principal is usually the importer.

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Among TT，MT and DD，TT is the cheapest method of payment.

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If Barclays instructs Citibank to pay a sum of US$100 000 to Midland，its nostro account should be（）．

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Goods should not be dispatched direct to the address of a bank or consigned to a bank without prior agreement on the part of that bank.

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某行开立的不可撤销信用证上面有这样一个条款：“Any amendment will become automatically effective unless formally rejected by the beneficiary within a specified period of time， or by a specified date.”请问该行的这种做法妥当否？（）

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Promissory notes are commercial documents.

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In the case of MT，the remitting bank issues a draft to its customer，and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.

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