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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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