Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Our experts are ready to provide prompt and detailed answers to any questions you may have.
Sagot :
A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
Learn more about banker's acceptance here https://brainly.com/question/13190092
#SPJ4
A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
Learn more about banker's acceptance here brainly.com/question/13190092
#SPJ4
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is your go-to source for accurate answers. Thanks for stopping by, and come back for more helpful information.
