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Foreign Bill Meaning In Bengali
Foreign Bill শব্দের বাংলা অর্থ কি: বিদেশী বিল
Foreign Bill
বৈদেশিক হুন্ডি
Definition
1) A foreign bill is a negotiable financial instrument used in international trade transactions to ensure payment from the buyer to the seller. It is a written order from the seller (drawer) to the buyer (drawee) to pay a specified amount of money at a predetermined time in the future.
2) In banking, a foreign bill refers to a document issued by a bank guaranteeing the payment of a specific sum of money to a person or entity in another country. These bills are used in foreign exchange transactions and facilitate international payments.
3) A foreign bill can also be a formal document issued by a seller to an importer, confirming the terms of the sale and the amount owed. It serves as a legal proof of the transaction and helps ensure that the payment is made in a timely manner.
Examples
Foreign Bill Example in a sentence
1) She sent a foreign bill to her supplier to pay for the goods imported.
2) The company frequently relies on foreign bills for international transactions.
3) The bank handles a high volume of foreign bills for its clients.
4) He always checks the exchange rate before accepting a foreign bill.
5) The lawyer advised the client on the legal implications of signing a foreign bill.
6) The shipping company requested payment via a foreign bill before releasing the cargo.
7) Foreign bills are subject to fluctuating currency values.
8) Large corporations often use foreign bills to settle accounts with overseas partners.
9) The accountant reconciled the foreign bills to ensure accuracy in financial statements.
10) The importer's bank confirmed the authenticity of the foreign bill before processing the payment.
Synonyms
Foreign Bill - (SYNONYM) বৈদেশিক হুন্ডি
Encyclopedia
A foreign bill is a negotiable financial instrument used in international trade transactions to ensure payment from the buyer to the seller. It is a written order from the seller (drawer) to the buyer (drawee) to pay a specified amount of money at a predetermined time in the future.
In banking, a foreign bill refers to a document issued by a bank guaranteeing the payment of a specific sum of money to a person or entity in another country. These bills are used in foreign exchange transactions and facilitate international payments.
A foreign bill can also be a formal document issued by a seller to an importer, confirming the terms of the sale and the amount owed. It serves as a legal proof of the transaction and helps ensure that the payment is made in a timely manner.
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