8. when a customer asks its bank to make a telegraphic transfer to a beneficiary abroad, the charges may .

A. be paid either the remitter or remittee B. be debited against the nostro account C. be credited to vostro account D. be paid by the remitting bank

9. is the bank to which the principal has entrusting the collection.

A. The remitting bank B. The collection bank

C. The presenting bank D. Both A or B

10. The exporter can receive the payment only when .

A. he has shift the goods

B. he has presented the documents

C. the documents presented comply with credit terms

D. the importer has taken delivery of the goods