Page 142 - eBook: EXIM for Beginner
P. 142

Bill of Exchange

         Demand Bill/ Sight bill





          Demand Bill/ Sight bill:




          • Demand bill is payable on demand or when it is presented


             at the site. The bill has no particularly mentioned due date


             or time for the payment. So, the debtor can make the bill’s


             payment when it is presented.
   137   138   139   140   141   142   143   144   145   146   147