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In a term documentary collection: The draft is payable to the drawee by the remitting bank upon acceptance. O The shipping documents will be released

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In a term documentary collection: The draft is payable to the drawee by the remitting bank upon acceptance. O The shipping documents will be released to the drawee by the presenting bank upon acceptance of the draft. O The shipping documents will be released to the drawer by the presenting bank upon acceptance of the draft. The draft is payable to the drawer by the remitting bank upon acceptance

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