Negotiating bank

From ACT Wiki
Revision as of 12:27, 13 August 2014 by imported>P.F.cowdell@shu.ac.uk (Categorise the page)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

International trade.

Bank usually in the exporter’s country, assigned by the issuing bank to purchase or negotiate documents presented by the exporter.

The negotiating bank is usually the advising bank as well.


See also