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The effects of deputizing the bank to collect the bill of exchange in favor of the beneficiary according to the Saudi commercial papers system
Abstract
Banks play a major role in the Saudi financial system.They facilitate trade by serving as financial intermediates, agents of ensuring economic liquidity and clearing houses for different bills.Banks facilitate the issuance and collection of the bills of exchange on behalf of the beneficiary.The beneficiary of the bill of exchange can be the payee or any other person who has been endorsed at the ba...
Keywords
Sustainable Development Goals (SDG)
2022
Article
Open Access
Language
The effects of deputizing the bank to collect the bill of exchange in favor of the beneficiary according to the Saudi commercial papers system
Abstract
Banks play a major role in the Saudi financial system.They facilitate trade by serving as financial intermediates, agents of ensuring economic liquidity and clearing houses for different bills.Banks facilitate the issuance and collection of the bills of exchange on behalf of the beneficiary.The beneficiary of the bill of exchange can be the payee or any other person who has been endorsed at the ba...
Keywords
Sustainable Development Goals (SDG)
2022
Article
Open Access
Language