Showing posts with label difference between bills inland and foreign exchange. Show all posts
Showing posts with label difference between bills inland and foreign exchange. Show all posts

Friday, 23 January 2015

difference between inland and foreign bills of exchange

INLAND BILLS OF EXCHANGE FOREIGN BILLS OF EXCHANGE
Only one copy is prepared Three copies are prepared
Stamps are affixed only once Stamps are affixed two times of the time of acceptence and at time of making payments
Written in common and local language of the country Written in English OR in the language ofthe country of the drawer
It is noted after dishonour Its is noted and protested after dishonour
Its is written on judicial stamp paper Its is written on palin paper