After receiving the money from the remitting bank, the bank is entrusted by the remitting bank to pay the remittance to the designated payee.
Find out moreA settlement method in which a bank is entrusted by the remitter to remit a certain amount of money to the designated payee as required.
Find out moreThe method of settlement in which the holder entrusts the bank to present the bill to the drawee for payment of the face amount.
Find out moreAt the request of the exporter, the importer's bank is entrusted to present the documents to the payer for payment or acceptance.
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