Exchange Currency

bill discounting

Trading or selling a bill of exchange prior to the maturity date at a value less than the par value of the bill. The amount of the discount will depend on the amount of time left before the bill matures, and on the perceived risk attached to the bill.

Related information about bill discounting:
  1. Bill Discounting | HSBC India
    Bill Discounting While discounting a bill, the Bank buys the bill (i.e. Bill of Exchange or Promissory Note) before it is due and credits the value of the bill after a ...
     
  2. What is bill discounting? - BusinessDictionary.com
    Definition of bill discounting: See discounting of bill. See also discounting.
     
  3. What Is Bill Discounting? - Blurtit
    Bill discounting is a major activity with some of the smaller Banks. Under this type of lending, Bank takes the bill drawn by borrower on his (borrower's) customer ...
     
  4. What is Bill discounting? - Education Observer
    Business activities across borders are done through letter of credit. Letter of credit is an instrument issued in the favor of the seller by the buyer ...
     
  5. What is bill discounting? definition and meaning - InvestorWords.com
    Definition of bill discounting: Trading or selling a bill of exchange prior to the maturity date at a value less than the par value of the bill. The amount of the ...
     
  6. .: Federal Bank :.LC Bill Discounting (BD-LC)
    Bank offers the LC Bill Discounting facility to its customers. Requirements. The bills should be drawn under irrevocable Letter of Credits issued by a Commercial ...
     
  7. Export Bill Discounting | Zions Bank
    5 days ago ... Export Bill Discounting or "without recourse" financing is a method of trade finance whereby Zions Bancorporation purchases, on a without ...
     
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    Compare Bill Discounting offers and get best deals on Bill Discounting in India ... Learn about Bill Discounting banks in India and apply for Bill Discounting in ...