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.

In the case of documents payable at sight the presenting bank must make presentation for payment without delay.

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Which bills aren’t required endorsement when transferred in the following items？下列哪些票据在转让时不需要背书？（）

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

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If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.

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

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Mail transfers are sent to the correspondent bank，unless otherwise instructed by clients （）．

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“Pay to ABC CO. or order the sum of one thousand US dollars provided that the goods they supply are up to the standard.”该汇票是仍是有效汇票。

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