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Q. What are the financing methods?
- The export transaction could be correlated to a bill of exchange. If this bill was established (guaranteed) by the bank it could be discounted (sold for less than its face value) to provide immediate finance rather than wait until the customer made payment in six months time.
- The export transaction might be in order via an export merchant which would buy the goods outright from Vertid or a confirming house acting as an agent for the foreign buyer which would normally arrange for payment to be made to Vertid upon evidence of shipment of the goods eliminating the need for external financing.
Issuing Procedure of treasury bills As discussed above, the RBI on behalf of central government, announces the auctioning of T-bills by tender notification through the press. T
what is the criteria for a good international financial system
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To whom it may concern, I wanna someone to help me to get prepared for my exam. is it possible to work together? 1. Managerial Aspects of the Market for Foreign Exchange
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