A banker’s acceptance is a draft drawn on a specific bank by an exporter in order to obtain payment for goods that he has shipped to a customer who maintains an account with that specific bank.
Darshita Changed status to publish August 13, 2020
Answer: True
A banker’s acceptance is a draft drawn on a specific bank by an exporter in order to obtain payment for goods that he has shipped to a customer who maintains an account with that specific bank is true.
Darshita Changed status to publish August 13, 2020