We can help you We can help you Branches Cashpoints

Español
English
Valencià

Individuals
Business

Result

buscador lupa grande

Become a client

Become a client (in Spanish)
Client Access

User

Password

Problems with your password? (in Spanish)

Si ya eres cliente, activa tu Banca a distancia para utilizar la Banca Electrónica y nueva APP.
Activate now (in Spanish)

Online Broker | Document Center (Sede electrónica)
Security (in Spanish)

Products & Services

Treasury
- Accounts
  
  Cash pooling
  
  Services
  
  Other investment services and products
Financing
- Cash Flow
  
  PoS Terminal Turnover Advance Reverse Factoring Factoring Multi-Product Policy
  
  Investments
  
  Photovoltaic energy Investment loan Leasing
  
  Public finance and European Funds Next Generation EU (in Spanish)
Renting (in Spanish)
Cards
- Our cards
  
  Deposit card Visa Electronic Fuel Card Agrofuerte Card (in Spanish)
  
  Mastercard Business Card Mastercard Professional Card
  
  VIA-T Electronic Toll Device
Insurance
- Our insurances
  
  Business insurance Credit insurance Temporary incapacity to work insurance
  
  Small Business insurance Accident insurance
Collect & Pay
- Remittance management
  
  (in Spanish) Bill management
  
  Cash management
  
  PoS terminals and e-Commerce
  
  Multicurrency DCC Customer support Unattended Terminals Fixed PoS ADSL Wireless GPRS PoS Terminal Mobile PoS Terminal PC PoS Virtual PoS Wifi PoS
  
  e-Invoice
International
- International
  
  Import Export
  
  Relationships with international banks Interactive tools

Test

Cargando...

Test

Free online course in Foreign Trade

Free online course in Foreign Trade

Introduction Foreign trade products: security in the collection Documentary credit International guarantees Virtual PoS Remesas Cheques SEPA direct debit International transfers Other foreign trade products Conclusion Some important terms Test

See also...

What are Incoterm®?BIC (Bank Identifier Code) or SWIFT Code IBAN code

Business > Products & Services > International > Interactive tools > Free online course in Foreign Trade > Test

There is only one correct answer to each question.

Mark the correct response The customer who asks their bank to issue a documentary credit is the exporter. The International Chamber of Commerce regulations governing documentary credits are set out in the publication URC 522. The International Chamber of Commerce regulations governing documentary credits are set out in the publication UPC 600.

What does it mean when a documentary credit has been confirmed? That the beneficiary has confirmation that the credit has been issued because they are in possession of the Swift message setting out the terms and conditions thereof. The exporter’s bank has added an extra guarantee to the guarantee provided by the documentary credit. The exporter has confirmed with the importer the terms of the contract to issue the documentary credit.

What is open exchange rate insurance? When the timeframe and the amount to which the agreed rate will be applied are left open. It allows the agreed rate to be applied to operations that arise throughout the course of the insurance policy, always within a pre-established global amount and a fixed expiry date. When the price can only be applied to a single operation for the total amount of the insurance on the agreed expiry date.

Mark the correct response. The incoterm FOB means that the exporter has to pay for insurance covering the goods. he incoterm CIF means that the exporter has to pay for the freight and insurance covering the goods. The incoterm CFR means that the exporter has to pay for insurance covering the goods.

What is a TARGET transfer? It is an urgent transfer in a currency other than the Euro. It is an urgent transfer in Euros made and received within the Euro Zone. It is a transfer wherein the ordering party is located in a European Union country.

In a Stand-by documentary credit... The original documentation pertaining to the export is sent through the respective banks and financial entities. If non-payment occurs, the exporter cannot demand collection. As a guarantee of documentary execution, the exporter must present the required documents in the event of non-payment in order to demand payment.

A personal cheque... Offers guaranteed collection for an exporter. Is a method of payment wherein, when it comes to collection, the linked account might or might not have sufficient funds to cover it. Is a type of cheque in which a bank makes the payment.

An exporter who has assured payment collection by means of a documentary credit: Must send the commercial documents indicated in the terms and conditions of the credit directly to the buyer’s address. Must present the commercial documents indicated in the terms and conditions of the credit to their bank, which will in turn forward them to the issuing bank. Must present the documents with discrepancies in order to guarantee their collection.

A virtual TPV is: A means of receiving/making payments for sales/purchases made on the internet. A means of receiving/making payments in which the buyer is not asked for any bank details. A means of receiving/making payments used chiefly for sales/purchases for large amounts of money.

By transferring a documentary credit: A means of receiving/making payments for sales/purchases made on the internet. A means of receiving/making payments in which the buyer is not asked for any bank details. A means of receiving/making payments used chiefly for sales/purchases for large amounts of money.

Request more information (in Spanish)

Do you still have doubts?, fill out the form below and we will resolve them.

Request more information (in Spanish)

Do you still have doubts?, fill out the form below and we will resolve them.

Products & Services

Corporate information

Contact with us

Treasury Financing Renting (in Spanish) Cards Insurance Collect & Pay International

About the entity Financial information Sustainability Information for members Corporate Governance and Remuneration Policy Grupo Cooperativo Cajamar Social commitment (in Spanish) Jobs (in Spanish)

We can help you

Unlock online banking access: 950 18 33 13

We can help you

Branch search

Complaints and claims

News and charges board Legal note Directive MiFID Cookies policy (in Spanish) Data Protection Policy PSD2 Floor clause (in Spanish) Security (in Spanish) Site map Accessibility Reporting channel

© Caixa Rural Torrent, Cooperativa De Crédito Valenciana 2024. All rights reserved.