monthly fee bank charge a customer.

It can be inferred from the last paragraph that Christopher______.

A．was more likely to change his mind

B．would return to his office in the bank

C．made a big success in interior design

D．was not well-prepared for his business

The other main source of revenue for a bank is fee income, or called ______ income.

A．interest

B．commission

C．service

D．net

A．The issuing bank will charge a fee for giving a standby credit letter.

B．The issuing bank will charge no fees for giving a standby credit letter.

C．The issuing bank will amend the standby credit letter if appropriate.

D．The issuing bank will revoke the standby credit letter if appropriate.

A.indorsed check

B.ordinary check

C.blank check

D.cashier's check

A、payee

B、transaction

C、fee

D、commission

A.product description & quantity & unit price

B.warranty policy

C.shipment

D.bank fee

A.tenure

B.principal

C.charge account

D.duration

A．tenure

B．principal

C．charge account

A.product description & quantity & unit price

B.warranty policy

C.shipment

D.bank fee

短文理解

听力原文： A standby credit letter (SCL) is a contingent obligation of the letter's issuer. The issuing bank agrees to guarantee the credit of its customer or to guarantee the fulfillment of a contract made by its customer with a third party. The issuing bank earns a fee from providing the service of SCL. In general, the fee is relatively low and usually around 0.5 percent to 1 percent of the amount of credit involved due to the following reasons. On the one hand, the issuing bank may have previously analyzed the financial condition of its standby credit customer, and the probability is low that the issuer of the credit guarantee will ever be called upon to pay. On the other hand, the issuing banks carry zero reserve requirements and avoid the booking of additional assets, which would also require each bank to acquire more capital.

21. Is SCL same as revocable letter of credit according to the passage？

22.What will the issuing bank do for a standby credit letter？

23.Why is the service fee of SCL relatively low？

(21)

A．almost the same one

B．rather different

C．a little different

D．doesn't mention