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What is Bill Discounting |Myforexeye fintech Pvt. Ltd.|

5 years ago

ID: #527821

Listed In : Business & Services

Business Description

The terms ‘invoice discounting’ or ‘bills discounting’ or ‘purchase of bills’ area unit all same. Invoice discounting could be a supply of assets finance for the vendor of products on credit. Bill discounting is an arrangement whereby the seller recovers an amount of sales bill from the monetary intermediaries before it is due. Such intermediaries charge a fee for the service. From the opposite facet, it's a business vertical for every kind of economic intermediaries like banks, monetary establishments, NBFCs, etc. Visit: https://www.myforexeye.com/what-is-bill-discounting/ Myforexeye fintech Pvt. Ltd. Address: Plot-135,Pocket-1 Jasola Vihar, New delhi, India Phone No: +91-11-41460000-40

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