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P&G have obtained a bankers acceptance from one of its customer in India. Why may such documents minimize the risk of doing business? What is

P&G have obtained a bankers acceptance from one of its customer in India. Why may such documents minimize the risk of doing business? What is the typical life cycle flow for the bankers' acceptance if P&G is represented by Amex Bank, Indian Importer is represented by ICIC Bank, and money market investor is represented by HSBC Bank?

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