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How many kinds of Bills of exchange are there?

There are two kinds of bills:

Inland Bill:

An inland bill is one which is (i) drawn and payable in India or (ii) drawn in India upon some person resident in India even though it is made payable in a foreign country. Thus in an inland bill of exchange both drawer and drawee belong to the same country.

The International Tugboat Race on the Detroit River

image source: tugrace.com/images/tugrace-1.jpg

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Foreign Bill:

A foreign bill is one which is drawn in one country and payable in another country. Foreign bills are drawn in a set of three and each part of the set called a via contains a reference to the other parts. This is done to avoid delay or loss or miscarriage during the transit.

Kata Mutiara Kata Kata Mutiara Kata Kata Lucu Kata Mutiara Makanan Sehat Resep Masakan Kata Motivasi obat perangsang wanita