Is the use of a banker s acceptance bill a deferred payment?

Banker's Acceptance'S acceptance bill (BA) is a type of commercial bill. It is a bill issued by a depositor who has opened a deposit account in the acceptance bank, applies to the opening bank and is approved by the bank for acceptance, and guarantees to unconditionally pay the determined amount to the payee or bearer on the specified date. The acceptance of the commercial draft issued by the drawer is the credit support given by the bank based on the recognition of the drawer's credit.

For the drawer to play the function of deferred payment, but for the drawer there is a certain risk, in case the due drawer has no money on the book, the bank will not pay. Or you have accepted the discount during the acceptance period, then the drawer has no money, then you will be jointly and severally liable to the bank for repayment. And the acceptance bill can be endorsed and transferred, so that there may not be any business contact between the acceptor and the drawer, if the drawer has a problem, the acceptor only has recourse to the upper layer, which is also quite troublesome.

A bank draft is an instrument issued by the remitter who deposits the money with the local issuing bank, and is unconditionally paid to the payee or bearer according to the actual settlement amount at the sight of the bank. Bank drafts have the characteristics of flexible use, ticket arrival, and strong cashability, and are suitable for commodity transactions such as collection and delivery after payment or clear money and goods. The bank draft is relatively much safer, and the money arrives at any time, which is guaranteed for both buyers and sellers. Satisfied.

Banker's Acceptance: A deferred payment note.

Yes, you can take this silver ticket to a bank branch and apply for a discount.

Discounting is a process of exchanging bank acceptance bills into working capital in advance.

business. For the discount business, the bank will charge a certain amount of interest, and the discount interest = par amount * annual discount rate * number of days from the discount date to the maturity date 360.

Bills of exchange, which are not normally due, cannot be withdrawn in advance. However, the acceptance bill that does not expire can be discounted to the bank, which is different from the normal acceptance operation, the discount of the bank acceptance bill refers to the discount applicant of the bank acceptance bill due to the need for funds, the unexpired bank acceptance bill is transferred to the bank, and the bank deducts the discount interest according to the face amount after the filial piety, and the remaining amount is cashed to the holder, so it can also be regarded as being able to "accept" in advance.

Extended Information: Why is the Banker's Acceptance Draft Delayed for Early Cashing?

The maturity time of bank acceptance bills is at least one month or up to one year, resulting in high financial pressure and enterprises may not be able to operate normally. (For example, the company receives a semi-annual acceptance bill of 100,000 yuan every month, and within 6 months, it needs to put 100,000 yuan of funds in hand and can only be cashed out when it expires) As an enterprise, this kind of financial pressure is difficult to accept, so when cash is urgently needed, it will be cashed out in advance.

1. From the buyer's point of view, the use of acceptance bills can purchase more goods with limited capital, which can minimize the company's capital costs, expand the company's scale, and significantly reduce financial costs compared with loan financing.

For example, if company A needs to pay 1 million yuan to company B, company A can choose to use a bank draft of 1 million yuan.

To pay for the goods, according to the market ** 980,000 can buy a one-year acceptance bill of 1 million, and the enterprise will save 20,000 yuan.

2. From the seller's point of view, receiving the bank acceptance draft is equivalent to receiving cash, which protects the accounts receivable.

security. It can increase sales, improve market competitiveness, and reduce the company's bad debts.

Risk. Extended Materials.

Conditions for the drawer of a banker's acceptance bill.

1) at the acceptance bank.

legal persons and other organizations that open deposit accounts;

2) Have a real entrusted payment relationship with the accepting bank;

3) Able to provide legally effective purchase and sale contracts.

and its VAT invoices;

4) Have sufficient payment capacity, good settlement record and settlement reputation.

5) Good credit relationship with the bank, no loan overdue record.

6) Able to provide corresponding guarantees, or deposit a certain percentage of the margin as required.

7) The drawer has a good credit guarantee.

Legal Analysis: No. When a commercial acceptance bill expires, it is accepted by a payer other than a bank.

The bank does not guarantee the payment, and the payment can only be made by the enterprise that issued the bill of exchange, and the payment is made through the account. According to the agreement between the two parties to the transaction, it shall be issued by the selling enterprise or the purchasing enterprise, but accepted by the purchasing enterprise.

Legal basis: Negotiable Instruments Law of the People's Republic of China

19th bill of exchange is issued by the drawer, entrusted to the payer at the sight of the bill or on the specified date unconditionally pay a certain amount to the payee or bearer.

Bills of exchange are divided into bank drafts and commercial drafts.

Article 20th is to refer to the person who issues the instrument and delivers it to the payee.

21st drawer of the bill of exchange must have a real entrusted payment relationship with the payer, and have reliable funds to pay the amount of the bill**.

Bills of exchange without consideration shall not be issued for the purpose of defrauding banks or other parties to the bills.

No. After the expiration of the banker's acceptance draft, when the bearer prompts the bank to pay, the bank must pay in full.

The drawer of the bank acceptance bill must pay the full amount of the bill of exchange to the bank before the maturity of the bill, and the bank will transfer the bill of exchange to the account of the bearer on the same day when receiving the bill of exchange prompted by the bearer, or when receiving the money transferred from the bank's account of the bearer.

If the drawer does not deposit the bill of exchange in full, the bank must also pay the bill of exchange to the bearer in full after receiving the bill. The bank shall charge interest on the overdue loan for the insufficient part of the drawer's account.

Article 90 The drawer of a banker's acceptance bill shall deposit the full amount of the bill with its bank before the bill of exchange is due. The accepting bank shall pay the bill of exchange on the date of maturity or on the day of sight after the maturity date.

If the acceptance bank refuses to pay due to legitimate defense, it shall make a certificate of refusal to pay within 3 days from the day after receiving the commercial draft, and mail it to the bank of the holder of the bank together with the commercial bank acceptance draft and transfer it to the holder.

Article 91 When the drawer of the bank acceptance bill fails to deposit the full amount of the bill of exchange on the maturity date of the bill, the accepting bank shall charge interest on the amount of the bill of exchange that has not been paid by the drawer according to 5/10,000 per day in addition to unconditional payment to the bearer by the bill.

<> bank acceptance bill is a kind of commercial draft issued by a depositor who opens a deposit account in the acceptance bank, and the bank has the obligation to pay at sight after the maturity of the bill. If the drawer needs to use funds urgently before the bill of exchange expires, can it be withdrawn in advance in this case?

Can a banker's acceptance bill be accepted in advance?

The banker's acceptance bill can be withdrawn in advance and can be discounted, but it is necessary to pay the discount fee to the bank.

The cashier shall apply for "discount" at his or her own bank with the acceptance draft. The discount fee is calculated by multiplying the discount rate by the time remaining. The bank will pay you the rest after deducting the handling fee and discount interest.

Therefore, it is generally not recommended to withdraw cash in advance except for the urgent need for money, otherwise a certain discount fee will be lost. The formula for calculating the banker's acceptance discount is:

Discount Lilu Shenqi = Maturity Amount * Annual Discount Rate * Discount Days 360;

Actual payment amount = par amount - discount interest.

The discount interest is determined based on the discount rate** of each bank.

What are the conditions for the drawer of the bank acceptance draft?

The conditions that the drawer of the bank acceptance bill must have: the deposit account should be opened in the acceptance bank, and the acceptance bank has a real entrusted payment relationship. It can provide legally effective purchase and sale contracts and VAT invoices, with sufficient payment capacity, good settlement records and settlement reputation; Good credit relationship with the bank, no loan overdue record; Able to provide corresponding guarantees or deposit a certain percentage of the Bubi Sitz Guarantee as required by the bank.