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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 797 |
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If Lawrence would have a commercial draft they would not have to worry because they would have the money as soon as the product is delivered. That is one way that companies prevent none payment or late payments. If you want a clear commitment from the buyer before you deliver the goods, you can arrange a commercial draft...
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That is one way that companies prevent none payment or late payments. If you want a clear commitment from the buyer before you deliver the goods, you can arrange a commercial draft. The bank then hands the shipping documents to the customer and forwards the money or trade acceptance to you, the seller...
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