Translation Services: How Bills Of Exchange Are Used While Doing International Business
By: Shazia Butt
Bill of exchange is basically an official letter, which has been issued by a bank, at the responsibility of either an importer or buyer, of goods sold to an exporter or seller, authorizing him to design drafts relating to the payment under specific terms and conditions. In other words, it is a document that is issued by a bank guaranteeing ...
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