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Difference between banker's acceptance and letter of credit?
differecences between banker's acceptance and letter of credit
What is a banker's acceptance?
A banker's acceptance is a negotiable instrument or time draft drawn on and accepted by a bank, which upon acceptance becomes an obligation of the bank and is a marketable money-market instrument.
What are the advantages and disadvantages of banker's acceptance?
disadvantages of bankers' acceptances
Is the drawee banker require the acceptance of applicant for payment of sight LC?
no
What has the author Roger Wendell Valentine written?
Roger Wendell Valentine has written: 'The development of the banker's acceptance in the United States' -- subject(s): Acceptances
What is the accounting treatment for banker acceptance in banks?
A banker's acceptance starts as a time draft drawn on a bank deposit by a bank's customer to pay money at a future date, typically within six months, analogous to a post-dated check. Next, the bank accepts (guarantees) payment to the holder of the draft, analogous to a post-dated check drawn on a deposit with over-draft protection.
What is bill market?
Bill market is a channel where new money is supplied to the economy. It purchases various financial products at a discount, including banker's acceptance & commercial paper.
What is the possessive noun for banker?
The possessive form for the noun banker is banker's.
What does a banker need to now to be a banker?
To be a bankers a banker needs a counting degree.
What is the difference between the banker and its customer?
the banker is the banker while the customer is the customer
Rights and duties of collecting and paying banker?
collecting banker defination,functions of a collecting banker
What is the birth name of Bill Banker?
Bill Banker's birth name is Willis Burton Banker.
