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Bills of Exchange, Collections, Purchasing and Discounting

  • Tarsem Bhogal
  • Arun Trivedi
Chapter
Part of the Finance and Capital Markets Series book series (FCMS)

Abstract

Bill of exchange: Bills of exchange are widely used in international trade, partly since they are convenient methods of debt collection from traders abroad. Finance may be arranged in a number of ways against bills of exchange, both for the buyer (drawee) and for the seller (drawers). If a bill of exchange has been dishonoured the holder may sue the other parties to the bill.

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Tarsem Bhogal
    • 1
  • Arun Trivedi
    • 1
  1. 1.LondonUK

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