Banker's acceptance and Presentment: Difference between pages

Revision as of 07:14, 2 July 2022

The act of presenting a negotiable instrument to the person on whom it is drawn for acceptance or payment.

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-(BA).
+The act of presenting a negotiable instrument to the person on whom it is drawn for acceptance or payment.
-A bill of exchange (draft) which has been accepted by a bank.
-A draft accepted by a bank constitutes an unconditional and binding obligation on the part of the bank to pay the draft at maturity.
+== See also ==
+* [[Negotiable instrument]]
+* [[Presenting bank]]
+[[Category:Cash_management]]
-== See also
+[[Category:Liquidity_management]]
-* [[Acceptance]]
-* [[Bill of exchange]]
-* [[Draft]]
-* [[Trade acceptance]]
-[[Category:Asset_and_Project_Finance]]
-[[Category:Bank_Lending]]
-[[Category:Debt_Capital_Markets]]
-[[Category:Trade_Finance]]