What are the requirements for the parties to issue a cash bank draft

For the issuance of a cash bank draft, both the applicant and the remitter must be individuals.

Article 58 of the Payment and Settlement Measures stipulates that:

When using a bank draft, the applicant shall fill in the "Bank Draft Application Form" to the issuing bank, indicating the name of the payee, the amount of the draft, the name of the applicant, the date of application and other matters, and sign and seal, and the signature and seal shall be reserved for the bank in which it is reserved.

If the applicant and the payee are individuals and need to use a bank draft to withdraw cash from the ** payer, the applicant must fill in the name of the ** payer on the "bank draft application", and fill in the word "cash" in the "bill of exchange" column, and then fill in the amount of the bill.

To issue a cash bank draft, both the applicant and the payee must be individuals in order to prevent some units from transferring money to personal accounts and to prevent the phenomenon of sitting and disbursement.

2. After receiving the cash deposited by the applicant, fill in the word "cash" in the "amount of the bill" column of the bank draft, and then fill in the amount of the bill, and fill in the name of the payer.

3. If the applicant or the payee is a unit, the bank shall not issue a cash bank draft for it.

A bank draft refers to a bill issued by the issuing bank and unconditionally paid to the payee or bearer according to the actual settlement amount at the sight of the draw.

According to the second paragraph of Article 58 of the People's Bank of China's "Payment and Settlement Measures", "if the applicant and the payee are both individuals and need to use a bank draft to withdraw cash from the ** payer, the applicant shall fill in the name of the ** payer on the bank draft application form, fill in the cash word in the bill of exchange amount column first, and then fill in the amount of the bill of exchange." ”

In addition, according to Article 27 of the Payment and Settlement Measures, "negotiable instruments may be endorsed and transferred, and bank drafts, cashier's checks and cheques used for cash withdrawal shall not be endorsed and transferred." "Say, the cash bank draft can not be endorsed and transferred, his place of payment and the ** payer is determined, so the issuance of the cash bank draft must be designated ** payer.

A bank draft refers to a bill issued by the issuing bank and unconditionally paid to the payee or bearer according to the actual settlement amount at the sight of the draw. The issuing bank of the bank draft is the bank approved by the People's Bank of China to issue the bank draft. It is mostly used for remote transfer settlement and cash withdrawal, and it is unconditionally paid to the payee or bearer according to the actual settlement amount when it sees the bill.

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.

Borrow: Funds in other currencies - cashier's checks.

Credit: Bank deposits.

Cashier's check deposit refers to the amount of money deposited into the bank by the enterprise in order to obtain the cashier's check.

A cashier's check is a bill issued by a bank promising to unconditionally pay a certain amount to the payee or bearer at the sight of the bank. Cashier's checks can be used for all kinds of payments that need to be made by units and individuals in the same clearing area.

A cashier's check can be used to transfer money, indicate"Cash"A cashier's check can be used to withdraw cash.

There are two types of cashier's checks: fixed amount cashier's checks and fixed amount cashier's checks. The denominations of the fixed promissory notes are 1,000 yuan, 5,000 yuan, 10,000 yuan and 50,000 yuan.

The prompt payment period for cashier's checks shall not exceed two months from the date of issue. During the valid payment period, the bank will pay at the check. If the bearer exceeds the prompt payment deadline, the bank will not accept it.

If the applicant or the payee is a unit, it shall not apply for the issuance of a cash-and-silver judgment promissory note.

Features of cashier's check settlement.

1) Easy to use. The current cashier's check in China is convenient and flexible to use. Units, self-employed individuals and individuals, regardless of whether they have opened a bank account or not, can use cashier's checks for the settlement of all commodity transactions, labor services** and other payments within the same city.

The receiving unit and individual can handle the transfer and settlement of the cashier's check, or withdraw cash, and can also endorse the transfer. Cashier's check is paid at sight and settles quickly.

2) High credibility and strong ability to pay. A cashier's check is issued by a bank and paid unconditionally by the issuing bank on the specified maturity date, so it has a high reputation and generally does not have the problem of not being paid normally. Among them, the fixed amount bank promissory note is issued by the People's Bank of China and issued by major state-owned commercial banks**, and there is no problem that the bill cannot be paid.

Cashier's checks of irregular amounts are issued by the major state-owned commercial banks, and because of their abundant financial strength, there is generally no problem of unpaid bills.

The above describes the application to the bank for the issuance of bank cashier's check accounting entries, borrowing: other monetary funds digging Biqiao loan: bank deposits, the specific accounting treatment has been introduced in detail above, which is stipulated in our tax law, our enterprise can understand, after reading there are other accounting questions?

The bank applies for the cash bank draft customer (generally an individual), in accordance with the "cash management measures" to review the use of this part of the holder's funds, and the cash bank draft must be designated to pay the bank, the cash bank draft can be transferred, but must be cashed in the designated bank.