What Are The Advantages To The Ultimate Beneficiary?

1.	What Are The Advantages To The Ultimate Beneficiary?
Answer» The end beneficiary need not make frequent VISITS to his BANK for depositing the PHYSICAL paper instruments. He need not apprehend loss of instrument and fraudulent ENCASHMENT. The delay in realization of proceeds after receipt of paper instrument.

Answer»

The end beneficiary need not make frequent VISITS to his BANK for depositing the PHYSICAL paper instruments.
He need not apprehend loss of instrument and fraudulent ENCASHMENT.
The delay in realization of proceeds after receipt of paper instrument.

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