Q17 Uniform Rules for Collection require the collecting bank to advise the remitting bank immediately upon non-payment

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Q17 Uniform Rules for Collection require the collecting bank to advise the remitting bank immediately upon non-payment or non-acceptance by the drawee – why?

Sometimes the remitting bank asks to be advised immediately upon payment – why?

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Finance Of International Trade

ISBN: 9780750659086

1st Edition

Authors: Eric Bishop

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Question Posted: Oct 18, 2024 09:00 AM

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Q17 Uniform Rules for Collection require the collecting bank to advise the remitting bank immediately upon non-payment

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Finance Of International Trade

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