Kizspy | Question: 20
(Choose 1 answer)
In documentary collections, which party presents the documents to the buyer and collects cash payment or a
promise to pay in the future (a bill of exchange) from the buyer (drawee of the draft) in exchange for the
documents?
A. The Principal
B. The Remitting Bank
C. The Collecting or Presenting) Bank
D. The Drawee
