4 Major Instruments used for Making International Payments are Foreign Bills of Exchange; Bank Drafts; Telegraphic Transfer; Letter of Credit.
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To make payments in the foreign countries the instruments used are Foreign Bills of Exchange, Bank Drafts and Telegraphic Transfers and Letter of Credit. Each of these instruments mentioned as different methodologies in sending the money to the foreign banks.
Let us explain one by one; Foreign Bills of Exchange money drawn from country is payable at another country. Bank draft which is drawn on bank funds and payment assurance is made by the bank that issues it.
Telegraphic Transfer is an electronic method of fund transfer used mainly for overseas wire transactions. And final one is Letter of Credit is a letter given by the bank assuring that a buyer's payment to a seller will be received on time and for the correct amount.
Answer:
when there is red and green light with white light, it means the vessel encountered at anchor has the engine running.
Correct Answer : Option C
Explanation:
the red and green lights are the sidelights of the boat. the red light indicate the port of the vessel whereas the green light indicate the starboard of the vessel. these serves as the combination lights as they can be seen from the approaching boat either when approaching from sides or when approaching head on position.
the white light indicates the mast head light or stern light. they can be seen when approached from back nearly when behind the vessel in case of stern light. Mast light is seen from the front. they altogether indicate that the engine is running.
It should be c. Steps for reviving a green card
Answer:
a motorcycle or a dirtbike
Explanation: