Question

The bills which the banker's receives from
customers only for collection purpose is
called as
Options
Bills Discounted
Endorsements
Bills for Collection
Acceptance
Clear Response​

Answer 1

Answer:

Bill's for collection

Explanation:

hope my Answer helps you

Answer 2

The bills which the banker's receives from customers only for collection purpose is called as Bill for collection.

Bill discounted is an activity in which a firm's bills that are due in near future are sold to some financial institution and money is withdrawn.

Endorsement of bill implies signing of a bill so that the title of the bill can be transferred to someone else.

Bills for collection is handling of documents by the banks as per the instructions in order to receive payment or acceptance of those bills.

Acceptance implies guarantee of payment on the bill.