When a company needs foreign exchange to be paid to foreign companies it can use either customer drafts or international wire transfers through a bank

Name: When a company needs foreign exchange to be paid to foreign companies it can use either customer drafts or international wire transfers through a bank
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Both customer drafts and international wire transfers through a bank can be used by a company to pay foreign companies in foreign exchange.

When a Company Needs Foreign Exchange to Be Paid to Foreign