Simply said, export bill collection is sending export invoices to a foreign buyer via his bank in order to collect payment on the bills. Export bill discounting occurs when an exporter receives money from his authorised bank while filing export documentation.
A Bill for Collection is the handling of papers (financial and/or commercial) by banks in line with exporter instructions in order to: Obtain payment or acceptance or Deliver documents in exchange for payment and/or acceptance, or on other terms and conditions.
A bill of exchange is a written order that binds one party to pay a specific sum of money to another party on demand or at a predetermined date, mainly in international trade.
The Export Bill Purchase is a type of short-term financing in which customers sell their entire set of export paperwork to ABC, who then pays them the face amount minus interest and any expenses incurred from the date of purchase to the expected date of payment.
Import bill collection is a technique of conducting an international commerce transaction in which the seller sends the necessary commercial documentation to the importer, who then pays the seller. Banks make it easier to transmit papers and pay suppliers.
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Rudra S
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Excellent Tutor Kunal Sir has a lot of knowledge about the topic
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AKASH KIRAN GURAV
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Detailed course 👍🏻
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Toibur rahman
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great content. make new updated course please
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Ketan Santosh Sawant
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Thank you so much LearnVern....😀And Specially kunal Sir
"This course offers knowledge that is not freely available on any platform. The entire course has been taught step by step, providing a comprehensive understanding."
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chauhan vijay
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What a course..... thank u so much for this opportunity...
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Raj kalariya
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The course content is excellent, attractive, and understandable. If there is a detailed PDF of the course content, then it will be very helpful for viewers to revise the content.
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Abhishek Bharti
5
The course offers comprehensive content on the export-import process, including documentation, regulations, and logistics. The instructor is experienced, sharing practical insights alongside theory. Hands-on assignments add value, though more real-world projects could enhance learning. The certification is well-recognized, adding credibility to a resume. While resources and flexibility are strong, student support could be faster. Overall, it provides excellent value for those seeking to advance in international trade.
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prabhat sharma
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how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
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