Question
Which of the following best describes the flow of steps in a typical documentary collection transaction? Question 4 options: Documents to the exporter's bank, documents
Which of the following best describes the flow of steps in a typical documentary collection transaction?
Question 4 options:
| Documents to the exporter's bank, documents to the importer's bank, payment by the importer, shipment of goods. |
| Documents to the exporter's bank, documents to the importer's bank, importer accepts the documents, shipment of goods. |
| Payment by the importer, shipment of goods, documents to the exporter's bank. |
| Shipment of goods, documents to the exporter's bank, documents to the importer's bank, importer accepts the documents. |
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