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👍Bill of exchange is a financial document that serves as a legal agreement between two parties for the payment of goods or services.
It is a written order from the seller to the buyer, instructing the buyer to pay a certain amount of money on a specified date.
The bill of exchange is often used in international trade transactions, where buyers and sellers may not have established a close relationship or trust.

👍The bill of exchange includes details such as the amount to be paid, the payment date, and the names of the parties involved.
The document also acts as a negotiable instrument, which means it can be transferred from one party to another, making it a useful tool for financing and credit.



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