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Financing against bills under collection is a common practice in export-import trade, where exporters can obtain funds from their bank before the actual payment from the overseas buyer is received. In this method, the exporter ships goods to the importer and submits the shipping and commercial documents to their bank for collection. These documents typically include the bill of exchange, invoice, packing list, and other necessary documents depending on the ______ ______ ________ ________ _________ __________ ____ _______ _________ _______.
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