Bill of Exchange | How is it linked with TReDS and Hundi's ?| News Simplified | ForumIAS

A “bill of exchange” is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay on demand or at fixed or determinable future time a certain sum of money only to, or to the order of, a certain person or to the bearer of the instrument.

In This Video, we will discuss:
1. Bill of exchange
2. Demand and term Bill
3. What is discounting
4. TReDS- Hawala
5. Hundi- Sahyog, Darshini


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