Which of the following is not a true statement?

The all-in-rate a bank charges its customer(s) for accepting drafts includes both the discount rate and the acceptance commission.

MNCs can use factoring to sell their existing accounts receivable as a means of obtaining cash.

An exchange of goods between two parties under two distinct contracts expressed in monetary terms is known as counterpurchase.

Prepayment provides the supplier with the greatest degree of protection.

With a banker's acceptance, a bank purchases a receivable without recourse to the exporter.