Dealing with France, Italy, or Spain? What You Need to Know About Processing Bills of Exchange

Dealing with France, Italy, or Spain? What You Need to Know About Processing Bills of Exchange

Reading time: 12 mins

The form of payment called bill of exchange provides a company with control over when payment is made. It is common in some European countries. Key Concept Bills of exchange were invented by the Lombard bankers hundreds of years ago as a safe way of transferring money in payment of goods or services. They are...

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