Presentation is a system in which the presenting bank makes the documents or papers to the drawee as instructed.
Collection instruction should express the specific time frame inside which any activity is to be taken by the drawee. ‘First’, ‘provoke’, ‘prompt’ or any words like this should not be stated in documents while presentation. Documents are to be present or display to the drawee in the shape in which they are received. The documents and collection instruction might be sent straightforwardly by the remitting bank to the collecting bank or through another bank as intermediary. If the remitting bank does not choose a particular presenting bank, the collecting bank may use a showing of its decision.
