close

Foreign Exchange Payables

no thumb
Want create site? Find Free WordPress Themes and plugins.

This refers to bills payable by entity concerned in foreign currency. This may generally arise due to imports of services or goods by the entity whose settlements are to be made in foreign currencies.

For example, XYZ Pvt. Ltd. purchased machinery products from foreign vendor ABC Ltd. of USA, whose settlement are to be done in USD after 3 months and the bill amounts to USD 5,00,000. This $ 5,00,000 is foreign exchange payable for XYZ Pvt. Ltd. as it will require it to pay USD 5,00,000 in upcoming three months.

Did you find apk for android? You can find new Free Android Games and apps.
0
Connecting
Please wait...
Send a message

Sorry, we aren't online at the moment. Leave a message.

Your name
* Email
* Phone
Begin Online Chat Now

Need help? Save time by starting your support request online. Simply, enter your Name, Email & Phone no. to begin online Chat Help Service.

* Your name
* Email
* Phone
We're online!
Feedback

Help us help you better! Feel free to leave us any additional feedback.

How do you rate our support?