Trade & Economic Glossary
Bill of Exchange: When Do You Use One in Trade?
A bill of exchange is the draft used in D/P and D/A collections and under L/Cs. See its formal requirements, its role under URC 522 and when to use one.
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A bill of exchange is the draft used in D/P and D/A collections and under L/Cs. See its formal requirements, its role under URC 522 and when to use one.