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I am a holder of a bill of exchange drawn by XYZ (drawer) on XQC (drawee) payable to tyler (payee) or order, accepted by XQC

I am a holder of a bill of exchange drawn by XYZ (drawer) on XQC (drawee) payable to tyler (payee) or order, accepted by XQC and endorsed in blank by tyler. Upon presentment by you to XQC for payment, payment is not provided at all. What is my legal position. What steps can I take to protect/assert my legal rights?

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