How to handle bank acceptance bill business?

A bank acceptance bill is a bill issued by the drawer and unconditionally paid to the payee or holder by the entrusted payer accepted by the bank on a specified date.

The drawer of a bank acceptance bill must meet the following conditions:

(1) Legal persons and other organizations that have opened deposit accounts with accepting banks;

(2) It has a true entrusted payment relationship with the accepting bank;

(3) It has a good credit standing and a reliable source of funds to pay the amount of the draft.

When issuing bank acceptance bills, the following items must be recorded:

The words "bank acceptance draft".

(2) Unconditional payment entrustment.

(3) the determined amount.

(4) the name of the payer;

5. Name of payee.

6. Date of issue.

(7) Signature and seal of the drawer.

If one of the above items is not recorded, the bank acceptance bill is invalid. Bank acceptance bills should be issued by depositors who open deposit accounts in the acceptance bank.

The word "bank acceptance bill" is a draft sentence. In practice, it is printed on the front of the bill of exchange, and the drawer does not need to record it separately.

Unconditional commission payment is a form of payment. In practice, it is also printed on the front of bank acceptance bills, which are usually expressed in similar sentences, such as "payment on the maturity date of this bill" and "please accept payment on the maturity date of this bill", and the drawer does not need to record it separately.

The definite amount requires that the amount recorded on the bill of exchange must be definite and can only be based on currency. The amount recorded on a bill of exchange must be written in accordance with the provisions of Annex I of the Measures for Payment and Settlement. Amount in words and figures must be the same. If they are inconsistent, the bill is invalid. The fare cannot be changed, and the changed bill is invalid.

The drawee is the bank that the drawer of the bank acceptance bill records on the bill and entrusts it to pay the amount of the bill. Of course, the payer becomes the debtor of the bill not because of the entrustment of the drawer, but because it must be accepted by it. The drawee before acceptance is the drawer, and the accepting bank after acceptance is the drawee and principal debtor of the bank acceptance bill.

The payee is the original bill holder who received the bill amount recorded on the bill. The name of the payee shall not be changed, and the changed bank acceptance bill is invalid.

The date of issuance must be written in accordance with the provisions of Annex I of the Payment and Settlement Measures. The date of issue shall not be changed, and the changed bank acceptance bill shall be invalid.

A bill marked "non-negotiable" by the drawer loses its circulation, and subsequent hands may not transfer the bill again.

The drawer of a bank acceptance bill must sign and the signature must be clear.

After the drawer gives the signed bank acceptance bill to the payee, the act of issuing the bill is completed. Presentation for acceptance refers to the behavior that the holder presents the bill to the drawee and asks the drawee to promise to pay. The so-called presentation means that the holder presents the bill to the payer realistically in order to exercise or preserve his bill rights.