bill of exchange is pledged as collateral to the banker by the drawer, after that the drawee can give to the money to the drawer and drawer approaches the bank, that's one option. my question is whether the drawer can tell the drawee to pay the amount directly to the bank itself ?
That’s a great question. I’ve been wondering about that all along. Is this the way to do that? Three months after date, Pay to the order of John West a sum of one dollar only, for value received.
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bill of exchange is pledged as collateral to the banker by the drawer, after that the drawee can give to the money to the drawer and drawer approaches the bank, that's one option. my question is whether the drawer can tell the drawee to pay the amount directly to the bank itself ?
That’s a great question. I’ve been wondering about that all along.
Is this the way to do that?
Three months after date, Pay to the order of John West a sum of one dollar only, for value received.
It is use full for me sir. Thank you sir. I learnt this for test sir
in your example you said that creditor created the bill, but the debtor can also create the bill of exchange right?
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Very Nice...Thank U So Much Sir...
Soo super
Thank you sir
thank you for your comment
Very
Very useful video
Easy learning bro
thank you for your comment
Voice clear ahh ila Bro
Nice explanation 👍💗
thank you for your comment
Voice is not clear .....make Pleasant
now change the quality mic
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Thank you sir
Welcome