Home >                  	Term: Bill for collection  
Bill for collection
Bill of exchange presented to a bank for collection (and not for discounting). The countervalue of the bill is credited to the account of the customer either immediately «on the due date» or only «after collection».
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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 Creator
- Harry8L
- 100% positive feedback
(London, United Kingdom)

