A bill of exchange began as a document made by a merchant or banker instructing a government officials or lawyers in another city to make payment to a certain person or the bearer of the document.

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A bill of exchange is a written order used primarily in international trade that binds one party to pay a fixed sum of money to another party on demand or at a predetermined date. It is typically issued by a seller to a buyer, not by a merchant or banker to government officials or lawyers.

A Bill of Exchange Began as a Document Made by a Merchant