Bills of Exchange

Welcome to Francis Wilks & Jones, one of the country’s leading legal experts in bills of exchange. We act closely with businesses utilising bills of exchange together with financiers offering bills of exchange. Whatever your enquiry, our expert team of commercial finance lawyers will be happy to help you. Contact one of our friendly solicitors now on 020 7841 0390 and we will be happy to help.

1. Bill of Exchange

A Bill of Exchange is an independent payment undertaking from one person to another. It is a negotiable financial instrument and mainly used for cross-border financing. We have an expert team who can provide you with advice on all aspects of Bills of Exchange at Francis, Wilks & Jones, whether you are a funder or a borrower.

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2. What are the features of a Bill of Exchange?

We are commonly asked, ‘what are the features of a bill of exchange” A bill of exchange is an instrument by which a buyer can make a promise to pay a seller. At Francis Wilks & Jones, we have experts who can provide you with legal assistance on what a bill of exchange is and what are the features of a bill of exchange.

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3. Bill of Exchange Explained

What is a bill of exchange? It is a negotiable financial instrument and mainly used for cross-border financing. We have an expert team who can provide you with advice on all aspects of Bills of Exchange. Whatever your bill of exchange enquiry, we can assist.

A Bill of exchange is independent payment undertakings from one person to another. It is codified under the Bills of Exchange Act 1882

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4. Bills of Exchange Act 1882

The UK legislation which covers bill of exchange and promissory notes is the Bills of Exchange Act 1882. Bills of exchange and promissory notes are widely used to finance trade transaction to obtain credit from a bank or a financial institution. Bills of exchange operate in a similar way to a cheque.

If you have queries relating to the Bill of Exchange Act 1882, please contact our experts at Francis Wilks & Jones.

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