0 évaluation0% ont trouvé ce document utile (0 vote)
769 vues4 pages
A bill of exchange is the most often used form of payment in local and international trade. Etter of credit guarantees payment of a specified sum in a specified currency. To establish a letter of credit in favor of the seller or exporter, the buyer pays the specified sum (plus service charges) up front to the issuing bank.
A bill of exchange is the most often used form of payment in local and international trade. Etter of credit guarantees payment of a specified sum in a specified currency. To establish a lett…