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What does it mean to collect and accept?
Collection and acceptance refers to a settlement method in which the payee entrusts the bank to collect the payment from the buyer in different places after delivery according to the purchase and sale contract, and the buyer confirms the payment to the bank after checking the documents or vouchers according to the contract. Collection and acceptance, also known as collection and acceptance in different places, refers to a settlement method in which the payee entrusts the bank to collect money from the payer in different places after delivery according to the purchase and sale contract, and the payer confirms the payment to the bank. It refers to a settlement method that the buyer entrusts the bank to collect the payment from the buyer in different places after delivery according to the sales contract, and the buyer confirms the payment to the bank after checking the documents or vouchers according to the contract. Collection and acceptance, also known as collection and acceptance in different places, refers to the settlement method that the payee entrusts the bank to collect money from the payer in different places after delivery according to the purchase and sale contract, and the payer confirms the payment to the bank.