Question

Financing against bill under collection

12 Sep 2025
Answer :
Word Count : 270
Financing against bill under collection is a common method used in international trade to provide short-term credit to exporters while facilitating payment collection from importers. In this method, the exporter ships goods to the importer and draws a bill of exchange, which is sent to their bank for collection. The bank acts as an intermediary, presenting the bill to the importer's bank for payment either at sight _________ ________ __________ _____ _________ _________.
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