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Question
What is a Bill collection?
What is a Bill collection?
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Solution
A Bill for Collection is the treatment of archives (monetary as well as business) by banks as per directions got from the exporter to: Obtain installments/payments or acknowledgment. To convey archives or documents against installment as well as acknowledgment. To convey archives or documents on different agreements.
A Bill for Collection is the treatment of archives (monetary as well as business) by banks as per directions got from the exporter to: Obtain installments/payments or acknowledgment. To convey archives or documents against installment as well as acknowledgment. To convey archives or documents on different agreements.
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