bill for collection

…Overall positionOne of the classifications of exchange positions, it refers to the total position consisting of the difference between buying and selling forward exchange (forward position) and the difference between buying and selling forward exchange (spot position or spot position), also called overall spot position.Bill for collection (B/C)A bill of exchange, check, and various securities and certificates (such as public and corporate bonds, interest coupons, and fixed-term deposit certificates) that an exchange bank has been entrusted with collecting from a customer. The payment is collected at the place of payment, and the exchange bank pays the entruster after receiving the remittance.…

*Some explanations of terms that mention "bill for collection" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…　総合持高overall position為替持高の区分の一つで，先物為替の売買差額(先物持高)と外貨預金残高･直物為替の売買差額(直物持高または現物持高)とを合計した全体としての持高をいい，直物総合持高とも呼ばれる。　代金取立手形bill for collection(B/C)為替銀行が顧客より代金取立ての委任を受けた為替手形，小切手および各種の有価証券･証書類(たとえば公社債，利札，定期預金証書など)をいう。支払地でその代金が取り立てられ，送金を受けたうえで為替銀行は委任者に支払う。…

※「bill for collection」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報