Can be used as money

Acceptance bill refers to the bill that has been accepted, that is, in the transaction, the seller issues the bill in order to demand payment from the buyer, and the payer marks the word "acceptance" on the face and signs it to show that he acknowledges the payment due.

The drawee becomes the acceptor of the bill after acceptance. Commercial acceptance bills are accepted by the buyer, and bank acceptance bills are called bank acceptance bills.

Acceptance bills can be divided into bank acceptance bills and commercial acceptance bills. At the same time, according to the existing forms, bills can be divided into paper acceptance bills and electronic acceptance bills.

take for example

If you want to buy a product with a price of 100 yuan from the store, but you have no money for the time being, so you find a rich friend to discuss with the store, and a rich friend will give the store 100 yuan at the end of the month.

The three parties signed the document. This piece of paper is an acceptance bill. In such a simple scene, it is obvious that several shops of the draft are key people: you are the drawer and the payee, and your rich friend is the acceptor.

What is the difference between a commercial acceptance bill and a bank acceptance bill?

First and foremost, "recipients" are different. If your rich friend is an enterprise, that is to say, an enterprise will help you pay at the end of the month, then this bill is a "commercial acceptance bill".

If you are NB and your rich friend is a bank, that is, by the end of the month, the bank will pay for you, then this paper is a "bank acceptance bill". Due to different acceptors, the value of commercial acceptance bills and bank acceptance bills will be different.

Because if the bank on paper pays for you, this payment is very secure. However, if a company pays on your behalf, there may be a risk that the company will close down or run away, and the payee will receive a bad check and the interests will be damaged.

Therefore, in the market, the value and credit of commercial acceptance bills and bank acceptance bills are different.

In addition, the acceptance bill is a magical existence, sometimes it can be used as money, especially the "bank acceptance bill", because banks are very secure as acceptors, so everyone recognizes it.

So the first example is the following story. You signed a contract with the store and your rich friends. The paper is in the store's hand, waiting to ask your friend for money at the end of the month.

At this time, just before the end of the month, the store still had some goods to buy, so the store said to the upstream supplier, "I can withdraw 100 yuan from this paper at the end of the month." I'll give you this paper, and you can give me 100 yuan. "

When the supplier looked at this paper, it was your good friend who promised to give money at the end of the month! So I immediately agreed, gave the goods to the store, and carefully kept the paper, and planned to find a good friend to ask for money at the end of the month.

Therefore, as can be seen from the above example, as long as the acceptor's background is hard enough (preferably a bank), the bill of exchange becomes a negotiable currency.

superiority

Commercial acceptance bill: the payment term of commercial acceptance bill shall not exceed 6 months at the longest, and the time limit for presentment payment of commercial acceptance bill shall be 10 day from the maturity date of the bill. Commercial acceptance bills can be transferred by endorsement. When the holder of a commercial acceptance bill needs funds, he can apply to the bank for discount with the unexpired commercial acceptance bill, which is suitable for settlement in the same city or in different places.

Bank acceptance bill: for the seller, providing forward payment to existing or new customers can increase sales and improve market competitiveness. For the buyer, using forward payment to buy more goods with limited funds can minimize the occupation and demand for working capital, help expand the production scale, and obviously reduce the financial cost compared with loan financing.