Background and terminology 1)》 collection:托收 the practice of presenting checks,drafts, and other negotiable instruments to the point of origin,and receiving payment from the paying bank.The term covers cash items such as checks and drafts, and also non-cash items,including acceptances,bonds,and notes, which are referred to as Collection Items. 制价爱行蜀多大考Background and terminology Background and terminology 1 ） collection: collection: 托收 the practice of presenting checks, drafts, the practice of presenting checks, drafts, and other negotiable instruments to the and other negotiable instruments to the point of origin, and receiving payment point of origin, and receiving payment from the paying bank. The term covers from the paying bank. The term covers cash items such as checks and drafts, cash items such as checks and drafts, and also non and also non -cash items, including cash items, including acceptances, bonds, and notes, which acceptances, bonds, and notes, which are referred to as Collection Items. are referred to as Collection Items