Listen to a Business English Dialogue About Deliverable bills
Brandon: Hey Mary, have you ever dealt with deliverable bills in our business?
Mary: Yes, I have. They’re bills of exchange that are physically delivered to the creditor upon maturity.
Brandon: That’s correct. They’re commonly used in international trade transactions to ensure payment upon receipt of goods.
Mary: Have you found deliverable bills to be an effective payment method in our business dealings?
Brandon: Yes, they can provide assurance to both parties and help facilitate smoother transactions, especially when dealing with overseas suppliers.
Mary: That’s true. Plus, they can also help reduce the risk of non-payment or disputes that may arise with other payment methods.
Brandon: Exactly. It’s important to consider the specific needs and preferences of both parties when choosing the most appropriate payment method.
Mary: Agreed. Do you know if there are any specific regulations or requirements for using deliverable bills in our business?
Brandon: It varies depending on the country and the terms of the contract. It’s essential to ensure compliance with applicable laws and agreements.
Mary: That makes sense. We’ll need to review the terms and conditions carefully before incorporating deliverable bills into our business processes.
Brandon: Absolutely. It’s crucial to understand the implications and responsibilities associated with using deliverable bills to avoid any potential issues.
Mary: Definitely. I’ll make sure to coordinate with our legal and finance teams to ensure proper implementation and compliance.
Brandon: Sounds like a plan. With proper planning and execution, we can leverage deliverable bills to streamline our payment processes and mitigate risks.
Mary: Agreed. Let’s work together to ensure smooth and efficient transactions for our business.