Bill of Exchange vs Promissory Note: Key Differences Explained

While this table above describes fundamental differences between promissory notes and bills of exchange, students should also learn their differences to that of a cheque – another financial instrument. Both bills of exchange and promissory notes are two financial instruments the traders use to ensure that a  deal has been agreed upon. Unlike promissory notes,… Continue reading Bill of Exchange vs Promissory Note: Key Differences Explained