The characteristics of bank acceptance bills, the advantages and disadvantages of bank acceptance bi

1. There is no limit on the starting amount; A banker's acceptance is a commonly used settlement tool.

2. The bank is the main debtor;

3. The customer must open a deposit account in the acceptance bank;

4. The payment term is up to 6 months;

5. The payee can apply to the bank for payment of the bill of exchange before the maturity date of the bill;

6. It can be transferred within the validity period of the bill of exchange;

7. For the purchaser, the use of the bank acceptance bill does not need to be paid in cash, that is, the payment of the payment is completed, which is equivalent to obtaining a lower cost fund from the bank, which is the financing function of the bank acceptance bill; For the seller, before the maturity of the banker's acceptance bill, it can also apply to the bank for discounting to obtain funds.

8. The bearer may hold the unexpired bank acceptance bill and transfer it to other creditors through endorsement;

9. Only used between units;

10. It can be used in the same city or other places.

The essence is a loan, which can use leverage, such as depositing 30% of the money, issuing a full amount of the bill, a loan that does not occupy the credit scale for the issuing bank, and a low-interest mortgage-free loan for the biller, with a maximum of six months.

Credit is bank credit, which is guaranteed by the credit of the issuing bank, and the accepting bank can accept it as long as it has credit.

It is easy to circulate and trade, as long as it is endorsed in accordance with the format, and the number and frequency of transactions are not specified.

It is easy to damage and counterfeit, because it is a paper bill, and like currency, if the holder does not have the ability to distinguish the real from the fake, it will suffer.

After the loss, you can go to the court to report the loss and stop payment, which is much stronger than currency.

The amount can range from a few thousand yuan to tens of millions.

It should be related to the time, person, amount, recipient, payer, coupon rate, etc. To put it bluntly, it's an IOU.

There are four characteristics of the bill.

EssentialsThe act of negotiable instruments must be in accordance with the provisions of the Negotiable Instruments Law to indicate the statutory matters on the negotiable instruments and deliver.

Causality: The act of the instrument shall not be affected by the invalidity or defect of the underlying relationship of the instrument.

LiteralThe content of the act of the negotiable instrument is completely determined by the meaning of the text recorded on the negotiable instrument, and even if it is inconsistent with the content of the substantive relationship, it will still be effective according to the record on the negotiable instrument.

IndependenceEach act on the instrument shall be effective independently and shall not be affected by the invalidity or defect of other instrument acts.

First, the advantages. 1. For sellers, providing forward payment methods to existing or new customers can increase sales and improve market competitiveness.

3. Compared with loan financing, it can significantly reduce financial costs.

Second, the shortcomings. 1. You can't get monetary funds immediately, and you need to bear a high discount if you need funds urgently.

2. It is more troublesome to handle the procedures, and sometimes the bank may refuse to handle it.

null)The characteristics of a banker's acceptance include ( ).

a.Poor liquidity.

b.No recourse.

c.Good flexibility.

d.Poor security.

See the answer explained[Answer].c[Analysis].This question examines the characteristics of banker's acceptance. The bank acceptance bill has the following characteristics: the first buried belt, strong security; second, high liquidity; Third, good flexibility; Fourth, there is the right to chase the reed.

Chop Mountain.

Answer]: a, b, c

The characteristics of bank acceptance bills include the following two items: High safety and good creditworthiness. The acceptor of the bank acceptance bill is the bank, and the bank is the main debtor, and the bank bears the debt with stronger security and better credit than the enterprise.

Good flexibility. For commercial banks holding bank acceptance bills, when there is a shortage of funds, they can rediscount with ** bank or rediscount with other commercial banks. Therefore, the correct answers to this question are a, b, and c.

Answer: a, b, c

The characteristics of bank acceptance bills are as follows: (1) high security and good creditworthiness. The acceptor of the bank's hunger and delay acceptance bill is the bank, and the bank is the main debtor, and the bank bears higher security of the debt than the enterprise.

2) Good credit and flexibility. Commercial banks holding bank acceptance bills, when there is a shortage of funds, can apply for rediscount to ** bank or rediscount to other commercial banks.

A banker's acceptance bill is a type of bill of exchange. Banker's acceptance bills need to be accepted before they can be withdrawn on a specified date. So what are the advantages and disadvantages of banker's acceptance?

For sellers, they can provide customers with more payment options, which can increase sales and improve market competitiveness. For the buyer, the use of bill payment reduces the financial pressure, uses limited capital to purchase more goods, reduces the contradiction between the occupation of working capital and demand, and is conducive to expanding the scale of production. And there is no need to take out a loan, which increases the cost.

Generally, all kinds of state-owned enterprises, private enterprises, medical and health care, government agencies, schools and other units that have the need for deferred payment will be more applicable to the acceptance bill.

Disadvantages of Banker's Acceptance.

Since the acceptance bill needs to be paid when it is due, it is not possible to obtain liquid cash immediately, and if you need cash on the sedan chair, you have to discount it and be charged a certain discount fee, which is calculated according to the discount rate multiplied by the remaining time. After that, the amount received is the amount to the Hoga period minus the discount interest. Because of the loss of fees, few people will withdraw cash in advance unless they need it urgently, and they usually withdraw it until the maturity date.

Moreover, the procedures are cumbersome, and sometimes the bank may refuse to handle it.

Features of bill discounting.

High liquidity, high security, strong self-compensation, definite use, and simple credit relationship.

Conditions for applying for bill discounting.

Units applying for bill discounting must have legal personality, have a basic bank account and engage in business activities in accordance with the law. In addition, the business is in good condition, has the ability to repay when due, and the bill must be true, the ticket form is complete, stamped with the company's corresponding seal, and the bill is within the validity period, and the endorsement must be continuous.

In addition to providing bills of exchange, the unit applying for bill discounting must also present the commodity transaction materials related to the discounted bills, such as purchase and sale contracts, or commodity transfer bills, commodity delivery and transportation bills or value-added tax invoices and other supporting documents.

1. Features. 1. The payment term of the commercial acceptance bill shall not exceed 6 months for the paper draft and 12 months for the telegram.

2. The spot payment term of the commercial acceptance bill is 10 days from the maturity date of the bill.

3. Commercial acceptance bills can be endorsed and transferred.

4. When the holder of the commercial acceptance bill needs funds, it can apply to the bank for discounting the commercial acceptance bill that has not yet expired.

5. It is applicable to settlement in the same city or other places.

Second, the advantages. To meet the company's needs for rapid realization of commercial acceptance bills; Compared with bank acceptance bills, the procedures are simple, which can effectively reduce handling fees and financing costs, and is conducive to enterprises cultivating their own good commercial credit. For banks, this is equivalent to taking out an early loan with interest deductions; If the bill has a cargo background, there is also a cargo mortgage.

Discount financing can also be provided when banks are short of funds.