Definition of banker's bill

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TeachMeFinance.com



banker's bill -- a negotiable draft without supporting papers drawn by one bank on its credit balance at a foreign bank.

historic definition...

Banker's bill -- A bill or exchange or draft drawn and sold by a banker and payable by another banker.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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