Meaning Collection Items
What does Collection Items mean? Here you find 2 meanings of the word Collection Items. You can also add a definition of Collection Items yourself
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Collection ItemsItems-such as drafts, notes, and acceptances-received for collection and credited to a depositor's account after payment has been received. Collection items are usually subject to special inst [..]
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Collection ItemsItems credited to an owner on receiving payment are collection items. Collection items do not enter the account of a bank until they are paid and proceeds are received. For example, drafts, notes, and [..]
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