0
A document acknowledging giving or selling something.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Need a sample of bill of exchange?
bill of exchange
What is the difference between bill of entry and bill of exchange?
A bill of exchange is one person pays a certain amount for goods and services on a specific day. A bill of entry is the exact value of good that have been shipped out or come in.
Which types of bill of entry?
original, duplicate & exchange control copy
What are Bills payable and bills receivable entries?
what is bill receivable and bill payeble definition with example
Difference between bill of exchange and letter of credit?
Bill of exchange is an old fashion method of debt settlement, paper based and is not authenticated. LC is a new method which is based on SWIFT MT700 and is bank to bank authentication of a debt settlement in trade. LC, by default, is bank to bank sponsorship but Bill of exchange, by default is not a banking instrument. however, bank may be involved in its parties or not. Bill of exchange , solely cannot be used in trade unless this is accepted by buyer's bank which is called documentary collection. also , along with LC , some banks use Bill of exchange as a supporting and cheaper method of guarantee. Recently, there is a new version of Bill of exchange, named Billex , offered by Billex trade finance corp in Canada and Singapore, which has an online reporting system and verification possibility to compensate for lack of authenticity of Bill of exchange. some banks are using it and some see it as a thread to their LC business . Billex is cheap and LC is expensive... I guess it will grow very fast in the market.
What is the definition of dishour of bills of exchange?
A bill is said to be dishonored when it\'s acceptor refuses to pay the amount of the bill to the holder of the bill on the day of maturity.
Need a sample of bill of exchange?
bill of exchange
Advantages and disadvantages of bill of exchange?
advantages of bill of exchange
What are the examples of a documentary bill of exchange?
documentary bill of exchange
What is a definition of sun?
bill bill bill bill bill bill
What are the advantages and disadvantages of bill of exchange?
bill exchange is at an advantage of getting items by exchanging at a fair rate
Difference between bill of exchange and promissory note?
difference between bill of exchange and promissory note?
What is a bill of exchange?
A bill of exchange is a document demanding payment from another party, especially in international trade.
What is an example of exchange?
You have a $5 bill. You exchange it in for 5 $1 bills.
What is a definition for physical location exchange?
sdafdsfhsdfhdfg dsfsdsdds
What is the definition of stock market?
A stock exchange. Sorry that's not very helpful but it was the dictionary definition..
What is the definition of 'stock exchange'?
Stock exchange is a place where stocks and shares in businesses are publicly bought and sold.
