商务英语Payment Tools Payment Methods.pptVIP

Payment Tools Payment Methods Unit 6 Trade Payment tools Payment methods Payment Tools Bill of Exchange Promissory Note Check (Cheque) Bill of Exchange Definition Parties to the bills of exchange Acts of a bill of exchange Definition of Bill of Exchange An unconditional order in writing, addressed by one party (drawer) to another (drawee), signed by the party giving it, requiring the party to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money, to or to order of a specified party (payee), or to bearer. Here is an example of a draft: ————