How to exchange a banker s acceptance draft for cash 10

If you provide an invoice, you can contact the bank for discounting, you only need to deduct the discount rate, the lowest discount rate today is about that, depending on the amount, term and issuing bank.

The posted funds can only go to the public account, and then take cash out from the public account depends on your method.

Of course, there are still some companies and individuals in the society who do not need to go through the bank to help you post the ticket, and the rate will be a little higher.

If you go to the bank for discounting, you need the original bill of exchange, ** contract, VAT invoice, loan card, statement and the like. It is relatively simple to go to a private financing company to sit on the discount, and only the original bill of exchange is required. If you want to discount bills of exchange in Guangxi, you can contact me.

It is troublesome to find a bank. There is too much to offer, and if the amount is not large enough. Not yet.

Personally, I suggest that you go to an intermediary company for discounting. Or go to a bank acceptance bill information trading platform such as Financial Network or China Bills Network to publish your bill information. Then it is only natural that someone will contact you.

Find some intermediaries to help you paste, the general interest rate is higher than the bank, but the payment speed is quite fast, I have done this kind of business, the speed is very fast, the bank procedures are more troublesome, you need invoices, loan cards, contracts and so on.

I am a professional in discounting bank acceptance bills, you can contact me.

There are several ways in which an acceptance bill can be exchanged for cash:

When the acceptance bill expires, you can apply for collection at your own opening bank.

Before the acceptance bill expires, you can apply for a discount at the bank, or you can mortgage it for cash at an intermediary company.

The acceptance bill is issued by the drawer, and the payer is entrusted to pay a certain amount to the payee or the bearer's bill, which is divided into two kinds according to the different acceptors, that is, the issuer is a bank, and the payer is a bank draft for other banks; If the issuer is a firm or an individual, and the payer is another firm, individual or bank, it is a commercial draft. Can the acceptance bill be exchanged for cash and how to convert it?

1. Acceptance bills cannot be directly exchanged for cash. However, it can be endorsed and transferred between enterprises, that is, when the money is used to buy things or go to the bank for discounting. That is, if you want to get cash, you can only wait for the acceptance bill to expire, or apply for a discount at the bank, and the discount is to use the acceptance bill to pledge the loan, and the loan interest is generally implemented within 6 months of the bank benchmark interest rate, and the specific interest rate is subject to the actual situation.

2. In addition. The acceptance bills issued by the state-owned banks are a promise that can be redeemed at maturity, and the acceptance bills issued by small commercial banks may have the risk that they cannot be redeemed at maturity, and the commercial acceptance bills are issued by enterprises, and can only be opened by large enterprises, and the risks are higher than those issued by banks. And the bank acceptance bill can generally be discounted as long as you and your home have a real background, and the commercial acceptance bill needs to be issued by the enterprise with a credit line in the bank to be discounted.

3. Acceptance bills cannot be directly exchanged for cash. It can be endorsed and transferred between enterprises, that is, when the money is used to buy things. If you want to get cash, you can only wait for the acceptance bill to expire, or go to the bank to apply for a discount.

The above is the introduction of how to exchange acceptance bills for cash, I hope the answer is helpful.

1. Acceptance bills are divided into bank acceptance bills and commercial acceptance bills.

2. The acceptance bills issued by state-owned banks must be redeemed at maturity, and the acceptance bills issued by small commercial banks may have the risk of not being able to be redeemed at maturity.

3. The acceptance bill cannot be directly exchanged for cash, and can be endorsed and transferred between enterprises, that is, when the money is used to buy things. If you want to get cash, you can only wait for the acceptance bill to mature, or go to the bank to apply for a discount.

4. Bank acceptance bills can be discounted as long as you and your home have a real background, and commercial acceptance bills need to be issued by enterprises that have a credit line in the bank to be discounted.

5. Discounting is actually a loan pledged by an acceptance bill, and the loan interest is generally implemented within 6 months of the bank's benchmark interest rate, which is now.

6. Small loan companies in some areas also undertake the business of bill discounting, but the general handling fee plus interest is much higher than that of the bank, and it is not necessary to use the money in a hurry, and the bank does such a discount business, which generally takes 2-3 days to come down.

1. Application. The applicant needs to prepare the unexpired and legally valid bills of exchange, copies of ID cards, discount business applications and other documents and materials, and submit an application for acceptance to the bank;

2. Approval. However, the staff of the non-nuclear bank needs to review the relevant materials after accepting them;

3. Endorsement transfer. After the approval of the bank, the applicant needs to go through the procedures such as endorsement and transfer on the commercial draft;

4. Use of funds. After deducting the discount interest, the bank will transfer the corresponding funds to the applicant's deposit account, and the applicant can use the discount proceeds. If the paying unit has the money to pay the bill in full, the receiving unit shall cancel the bill receivable in the memorandum book after receiving the bill from the discounting bank.

When the payment unit is unable to pay the due commercial acceptance bill, the discounter will return the commercial acceptance bill to the discounting unit, and issue a special transfer summons, and indicate in the "transfer reason" that "the money of the XX bill has not been received, and the discounted money has been collected from your account", and directly transfer the discounted bill from the bank account of the discounting unit.

If the deposit in the account of the discounting unit is also insufficient, the discounting bank will convert the discounted bill into an overdue loan, return the commercial acceptance bill, and issue a special transfer summons, and indicate the words "discounted to overdue loan" in the column of "reason for transfer", and the discounting unit will prepare the transfer voucher accordingly.

After receiving the acceptance bill, if the acceptance time is not marked, it can be exchanged for cash at the bank immediately, and if there is an acceptance time, it will be accepted after the specified time.

According to Article 23 of the Negotiable Instruments Law of the People's Republic of China, if the bill of exchange records the date of payment, the place of payment, the place of issuance and other matters, it shall be clear, laughing or explicit. If the date of payment is not stated on the bill of exchange, it shall be paid at sight. If the place of payment is not indicated on the bill of exchange, the place of business, domicile or habitual residence of the payer shall be the place of payment.

If the place of issuance is not recorded on the bill of exchange, the place of business, domicile or habitual residence of the drawer shall be the place of issuance.

Article 24 The bill of exchange may record the matters other than the matters stipulated in this law, but the items recorded in the bill of exchange do not have the effect of the bill.

Dear, I'm glad to answer for you! An acceptance bill refers to a kind of bill of exchange issued by the drawer to the bank, which becomes the bank's unconditional claim to the payer after acceptance. If you have an acceptance draft and want to go to the bank to cash it, you can do so by following these steps:

1.Confirm the validity of the bill of exchangeFirst of all, you need to confirm the amount on the acceptance bill, the drawer, the beneficiary, the acceptance bank, the maturity date and other information to ensure the validity of the bill. 2.

When bringing valid documents to the bank to cash the acceptance bill, you need to bring valid identity documents, such as ID cards, passports, etc. 3.Go to the Acceptance BankThe Acceptance Bank is the payment bank of the acceptance bill and the place where you cash the acceptance bill.

So, you need to go to the acceptance bank to cash out. If you are not sure which bank the acceptor bank is, you can check the information of the acceptor bank on the bill of exchange or consult the drawer in the Split Liang Hall. 4.

After the cashing procedures arrive at the acceptance bank, you need to provide the bank staff with the acceptance draft and fill in the relevant procedures, the staff will verify the validity of the draft, check your identity documents, and then the cashed money will be directly credited to your bank account. It should be noted that the acceptance bill can generally be cashed within a period of time before the maturity date, and it cannot be cashed after the maturity date. At the same time, there may be a fee for the redemption of the acceptance bill. 