Easy Office
LCI Learning

bank Audit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 November 2008 wht u mean by foreign usance discount bill purchase(FUDBP)
and foreign discount bill purchase(FDBP)
Profile Image

Ravikumar.G

Profile Image

Ravikumar.G (Expert)
22 November 2008 Usance Bill: A bill of exchange, which allows the drawee to have a usance (period of credit or term).

Foreign Bill Purchased (FBP): A bill remitted to a correspondent bank in which the remitting bank is financing the exporter.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links