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Sentences with bill of exchange

bill of exchange
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  • The actual payment will be made by means of a bill of exchange, and this will be drawn up by the exporter or the exporter's bank after the receipt of the credit advice.The lender draws up a bill of exchange for a specified sum of money payable at a given future date.A bill of exchange is a document ordering someone to pay someone else a stated sum of money at a future date.
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