The Finance Director of your company, Interbank, has asked you io write a

documentary credits memo reminding staff how important it is to carefullycheck ali deiails of
documenis associated with documentary credits. íz5o,ooo has been ]ost in
the past year over mistakes in effecting tiocumentary credit transactions.
Seiect the five most reievant points from the check list below and, as his PA,
write the memo.

o Check that all trains are running on time.

c Check a1l transport documents, insulance certificates, invoices and customs
c]earance certificates.
o Checkstaffholidays havebeenarrangedforthis year.
o Checkdetails ofhotels inthe local areas,
r Check bills of exchange and letters of credit.
a Check the speiling in the names of the parties is correct.
a Check if loca] events wili interfere with our hotei bookings.
a Check that places of departure and destinations are correct.
o Check the right amounts for the transactions are iisted and the correct
currencies have been written in.
Check salary scales for the members of the Documentary Credit Department.

Memo about fraud Terry Fairman is the Chief Accountant at National Stores plc. He has just
attended a Directors' meeting about fraud when customets pay by cheque,
and has been asked to write a memo to sales staff about this problem. As Terry
Fairman, write the memo, selecting information from the notes he made at
the meeting.It should coverthe following points:
o what the problem is
o what practical measures sales staff should take to reduce it

1 lctles staf sbuacnrefu/| watch,sgnatwu on che7,ocard,s

with,thnsu on clua tter.
l
2 rhu ualrLo af baá chzl uzs p.re.sentd, ouer thz pastyear
aarou*Xs to oter {.501000.
3 Sa/^es staf s ho w.(7, rut make custo ruzr s
feel Likt cr bwiu.k.

4 Most clatouners u.se a, crdit cará or casluto pay

for jood,s.
5 W r ite, í7w clrcq uo cará nual"b er aná expcry date o t u tho, b a./c 0f
thzche4ue,.
6 íuper tw o r r s luo ulá b e, co ntarteá tf s a/es s taííaro unr otrg a^b o ut
apayrnznt.
7 (ax to t utr s' r eactio nr s lto u/á b o noteáfo r ne,r m rL§ lí2,§.
S Chq u-er s hl ulá b u e.x. anlntá to s ee, t*^at t/1.? haye, b eew
couNy'eted,properQ.
9 B a"qks als o ln s e a4 reat ful"L of an ruy thro u1 lu cheyofrauá
1 / 0 Th.o p-ro b lew
í b aá c/.l11 rLeí ca}l,?ut b o eltdnateá, b ut saler

, rfuIr*hr]vre7u"c.oitsgnlf-c.an-ily.