国际结算笔记4(16)

Chapter5 means of international settlementFor importer, Payment may have to be made prior to the arrival of the goods; By accepting a bill of exchange under the documents against acceptance collection, the importer incurs a separate legal liability on the bill of exchange besides his liability on the sales contract; In some countries, if a bill of exchange is protested, this can ruin the reputation of the importer.

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