Letter of Exchange | B3

Letter of Exchange

  • Credit bond representing a credit operation.

    The instrument allows debtors to grant registrants (acceptor) of the Foreign Exchange Note an order of payment in the amount owed. These securities can be traded by registrants and issued with pre- or post-fixed remuneration. Multiple banks with credit portfolios, lenders, investment banks and investment, financing and credit unions can be acceptors of Foreign Exchange Notes.