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O-LevelCommerceBanking7100/11 · Oct/Nov 2025 · Q311 Mark

Which method provides security for importers that payment will be made?

Acrossed cheque

Bdebit card

Cdocumentary credit

Delectronic transfer

✓ Correct answer

C: documentary credit

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2025 Paper 1 Variant 1, question 31.

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