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Definition of Inward bills for collection?
it is vise versa of OBC
What is inward bills for collection?
Inward bills for collection refer to financial instruments, such as promissory notes or bills of exchange, that are received by a bank or financial institution from abroad for collection on behalf of its clients. The bank acts as an intermediary, ensuring that the payment is collected from the drawee (the party required to pay) and then forwarded to the client. This process is commonly used in international trade to facilitate secure transactions across borders. The bank typically charges a fee for this service.
What is outward bills for collection?
Outward bills for collection is a process in domestic sales where the bank collects payments. Export documents are presented by the seller of goods to the buyer's bank for payment.
Is return inward a liability?
yes return inward is a liability..therefore must be credited
What is an inward invoice and an outward invoice?
An "inward" is one you receive that you need to pay. An "outward" is one you prepare and send to someone to pay you.
Definition of Inward bills for collection?
it is vise versa of OBC
A collection of linked documents graphics and sounds?
It is a collection of interconnected documents and other resources, linked by hyperlinks and URLs
What is authoritative collection of documents called?
A Canon
What is inward check collection?
Inward clearing means the checks drawn by the bank from the other banks. These checks are drawn by the bank/branch customers on their account in favor of other parties.
What consists of a worldwide collection of electronic documents that have built-in links to other related documents?
The web
What is collection of documents about a person called?
A file, or a dossier.
Differnce between documents against acceptance and documents against payment?
DOP will mean that the instructions by an exporter to a bank that the documents attached to the draft for collection are deliverable only after his or her payment of the draft. DOA will mean that the instructions by an exporter to a bank that the documents attached to the draft for collection are deliverable after his or her acceptance of the goods.
What is an authoritative collection of documents called?
An authoritative collection of documents is called a corpus. This corpus is usually compiled for research or reference purposes, and can consist of texts, articles, speeches, or other written materials.
What is a collection of electronic drawings and other images that can be inserted into documents?
Vvvv
What is a collection of documents that has been interpreted by another writer?
A compilation of documents that has been reinterpreted or analyzed by another writer is commonly referred to as a secondary source. This type of source offers insights, critique, and evaluations of the original documents.
What is a collection of drawings diagrams maps and photographs that can be inserted into documents?
Clip art
What is the name given to a worldwide collection of hypertext documents?
The World Wide Web.
