How much cash can be exchanged for a commercial acceptance of 500,000 yuan

A commercial acceptance of 500,000 yuan can be exchanged for 485,000 yuan in cash.

The bank acceptance bill generally has a three-month or six-month period, you give him a silver bill, he is now equivalent to not getting cash, if discounted, to pay bank interest, so he has to charge you interest.

Whether you should pay interest or not depends on how you paid the contract and how you paid it.

A commercial draft is an instrument issued by the drawer, and the payer is entrusted to pay a certain amount unconditionally to the payee or bearer on the specified date. A commercial acceptance bill is accepted by a payer other than a bank. The commercial acceptance bill shall be issued by the selling enterprise or the purchasing enterprise according to the agreement between the two parties to the transaction, but shall be accepted by the purchasing enterprise.

To meet the company's needs for rapid realization of commercial acceptance bills; Compared with bank acceptance bills, the procedures are convenient, which can effectively reduce the handling fee and low financing cost, which is conducive to the cultivation of good commercial credit by enterprises. For the bank, it is equivalent to making a loan with interest deducted in advance; If the bill of exchange has a background of goods, there is also a collateral for the goods. When the bank's funds are tight, it can also be re-discounted for financing.

This business is applicable to enterprises (institutions), other economic groups or individual industrial and commercial households that have been approved and registered by the administrative department for industry and commerce (or competent authority) and have a high degree of credibility, sufficient cash flow and strong repayment ability that hold unexpired commercial acceptance bills and need to be paid in cash.

100,000 denominations of commercial acceptance bills are very common in the bill market, 100,000 commercial bills for how much cash is also a common concern, this problem should be the holder's commercial bills are still not due and need to be discounted for cash, 1 million commercial bills can actually be cashed out, need to determine the discount rate for different acceptors to calculate the final result.

Commercial bills are commercial acceptance bills, which oak is a kind of non-interest-bearing creditor's rights, but due to its own characteristics, commercial bill transactions are also a kind of discounted repentance transactions, so how much cash 100,000 commercial bills are exchanged for is not fixed, and there will basically be a certain degree of discount. And the amount of this discount is the profit obtained by the investor by investing in commercial bills, and using the investment commercial bills to make money. The amount of commercial acceptance of 100,000 yuan generally depends on factors such as the issuing bank, the discount rate and the date of early discounting.

If you want to discount 100,000 commercial bills in advance, you have to pay a certain amount of interest before you can get a certain amount of cash after maturity. If the discount rate is between 8% and 15%, if the interest rate of the 100,000 commercial bills is 10%, the discount period is 3 months. The interest to be paid is = 100,000 * 10% * 3 12 = 2,500 yuan, then the commercial bill of 100,000 yuan can only be exchanged for 97,500 yuan after expiration.

Summary. 1 million cash can be exchanged for 100,000 acceptance. If the monthly interest rate is 3% and the acceptance period is 6 months, the cash obtained = 1 million - 1 million * 3% 12 * 6.

It's about 985,000, so how much money you can get depends on the discount rate.

1 million cash can be exchanged for 100,000 acceptance. If the monthly interest rate is 3% and the acceptance period is 6 months, the cash obtained = 1 million - 1 million * 3% 12 * 6. It's about 985,000, so how much money you can get at the end of the state mainly depends on the interest rate of hail discount.

30% margin, you can open an amount of 3 million yuan.

Generally, a bank deposit of 500,000 yuan can give you 1 million acceptance bills that have been accepted. That is, in the activity of trading to the mainland, the seller issues a bill of exchange in order to claim payment from the buyer, and the payer indicates on the face of the ticket that it is a rollover.

Large-amount acceptance, exchange for small-amount acceptance, handling fee 2300 Collection procedures Qing pants Min fee borrowing: cash pure gold or bank deposit 2300 Credit reputation: main business income 2300 - tax tax payable - VAT payable - output 2300 * VAT rate.

1. Whether it is a real ticket or a fake ticket.

2. Whether it is a bank acceptance bill or a commercial acceptance bill.

3. How long does it take for the ticket to expire?

It can be exchanged for 10,000 cash.

Basically, only bank acceptance bills can be discounted, and only bank acceptance bills can be accepted in the society.

For a 150,000 silver note, depending on the maturity date, the interest rate is about the same every month.

If there are still 6 months to expire, the society may have to pay 5,000 9,000 yuan in interest.

It is recommended to go to the bank for discounting, and the interest rate is low.

An acceptance bill of 150,000 yuan can be exchanged for 150,000 cash after maturity.

Acceptance bills that are not due need to see the maturity and interest rate in order to calculate the cash that can be converted.

At present, the annual interest rate of bank acceptance bill discount is as large as 6% to 7%, according to estimates, the term of half a year, 150,000 yuan is exchanged, and now the normal bank interest is = 150,000 * yuan, which is less than 5,000 yuan of interest.

If there is no interest, the acceptance bill of 150,000 yuan is equivalent to 150,000 cash after maturity, and the term and interest rate are not seen when it expires.

Acceptance bill refers to the bill of exchange that has gone through the acceptance procedures. That is, in the transaction activity, the seller issues a bill of exchange in order to claim payment from the buyer, and the payer indicates on the face of the bill the word "acceptance" and the signature acknowledging the payment due. After acceptance, the payer becomes the acceptor of the bill of exchange.

Those accepted by the purchaser are called "commercial acceptance bills", and those accepted by banks are called "bank acceptance bills".

1. Classification of acceptance bills.

Acceptance bills are divided into bank acceptance bills and commercial acceptance bills, and at the same time, according to the form of existence, bills can be divided into: paper acceptance bills, electronic acceptance bills.

1. Bank acceptance draft.

A banker's acceptance is an order issued by a creditor demanding payment from the debtor. When this kind of bill of exchange is promised by the bank to pay, it becomes a bank acceptance bill, and the bank acceptance bill is a short-term financing tool, with a term of 30 days to 180 days, and 90 days is the most common. The banker's acceptance bill is issued by the depositor who has opened a deposit account in the acceptance bank.

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. The maximum par amount of each bank acceptance bill in China is 10 million yuan (the par amount encountered in practice is 100 million yuan).

2. Commercial acceptance bills.

The commercial acceptance bill is issued by the drawer, and the entrusted payer unconditionally pays the determined amount to the payee or bearer on the specified date, and the bill accepted by the payer other than the bank is the commercial acceptance bill. The drawer of the commercial acceptance bill is a legal person and other organization that has opened a deposit account in the bank, and has a real entrusted payment relationship with the payer, and has reliable funds to pay the amount of the bill**. Commercial acceptance bills do not carry interest.

The difference between a commercial acceptance bill and a bank acceptance bill is that the acceptor is different, which determines that the commercial acceptance bill is a commercial credit and the bank acceptance bill is a bank credit. Bank acceptance bills are generally issued and accepted by banks, while commercial acceptance bills can be transferred without being issued and endorsed by banks, but they are lower than bank acceptance bills in terms of credit rating and liquidity, and the difficulty of discounting them in banks is higher than that of bank acceptance bills.

Specifically, it depends on the maturity time and discount interest of the acceptance bill.

Here I used the bill of exchange discount calculator of the commercial bill circle platform to help you calculate, and it can probably be exchanged for 10,000 cash.

This banker's acceptance bill is exchanged for 150,000 yuan in cash at maturity, and the discount interest is 5/1000 when it is not due.

Discounting of bank acceptance bills refers to a financing behavior in which the applicant for the discount of bank acceptance bills transfers the unexpired bank acceptance bills to the bank due to the need for funds, and the bank pays the balance to the bearer after deducting the discount interest according to the par amount.

Payments & Discounts:

Payment refers to the act of paying the amount of the bill to the holder according to the items recorded on the bill when the payer of the bill prompts payment.

Payment is the act of paying the amount of the bill, and only to pay the amount recorded on the bill, if it is a payment in kind or other valuable, it does not constitute the payment of the bill;

Payment is the act of extinguishing the negotiable instrument relationship, once the negotiable instrument is paid, the negotiable instrument relationship is extinguished, and all debtors on the negotiable instrument are relieved of their negotiable instrument liability.

The payment term of the banker's acceptance draft shall not exceed 6 months. The payment term of the bill of exchange for fixed payment shall be calculated from the date of issuance, and the specific maturity date shall be recorded on the bill;

The payment term of the bill of exchange for regular payment after the issuance of the bill of exchange shall be calculated on a monthly basis from the date of issuance and shall be recorded on the bill of exchange; The payment term of the bill of exchange for regular payment after seeing the bill shall be calculated on a monthly basis from the date of acceptance or rejection of acceptance, and shall be recorded on the bill of exchange. If the holder prompts payment in accordance with the provisions of the Negotiable Instruments Law, the payer shall pay in full on the day of sight.

You can wait for the expiration to apply for collection at the opening bank, and you can also apply for a discount in advance if it is not due, many banks are unwilling to accept 100,000 such small amounts, and they are troublesome, you can find a bank intermediary to change, the discount interest is generally 2 or 3 points, we can change it here, and you are welcome to consult if necessary.