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Hi Experts

what is the major considerations of a bank t not to do/not to do the aval in doc collections?

Regards
DS

Hi Pal,

it depends on the bank policy, I saw accepted or avalised draft of bill of exchange discounted on the market, specially for long tenors. Same banks keep the own acceptances or avals till maturity.
Other comments appreciated
Ciao

sorry, could anyone help me with the meaning of the "avalisation" as I cant find out it from dictionary? thank you so much

actually, avalisation is common in some European countries, the buyer's bank can provide a form of additional acceptance to the draft accepted by buyer. With the name of buyer's bank on the draft, it's possible for financing to be raised on the draft prior to the due date