What is a bankers acceptance

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Reference no: EM131561911

What is a Bankers' Acceptance? (within post-shipment financing sense)

Why is financing through Bankers' Acceptance the safest way of financing for third party creditors?

Please do not copy-paste web sites that claim Bankers' acceptance is just a bond, or just a promissory note. Please answer this question as it relates to post-shipment financing.

Reference no: EM131561911

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