How to endorse a bank draft and how to fill it out

Bill of exchange endorsement is a more rigorous thing, when you seal must be in the bill of exchange under a thick layer of book or seal pad, to prevent the seal from blurring due to the uneven seal below, when stamping the seal of the seal and the middle of the line connected with each other can finally be staggered, so that the seal will not be unclear due to the uneven middle line, and at the same time when you back to the next hand, your seal above the endorser is the name of the next hand company, which you do not discount can not fill in, However, when filling in, it must be consistent with the words on the seal, and there can be no mistakes.

These include: 1.In the endorsement box, affix the financial seal and private seal of the unit to be paid (remember not to go out of the box, otherwise a certificate must be issued).

2.At the corresponding diagonal top, that is, the receiving unit, the full name of the customer unit needs to be filled in, which is complete and correct. (Remember not to fill in the wrong information, otherwise you will have to issue a certificate).

Like the endorsement of checks and bank promises, if you are endorsed by someone, you need to have his chapter, and then you endorse it to others or entrust the bank to collect it, your financial account, the name of the person, the endorser of each hand and the endorsee should be connected, and the name on it should correspond to the next chapter!

It should be written on a dedicated signature line, exactly the same as the name of the payee on the front, with a pen, and preferably without alteration.

The acceptance bill is usually printed on the back of the bill, and a number of slag endorsement columns are printed in advance, indicating the sentence indicating the transfer of the right of the instrument to the endorsee, and leaving the endorser and the endorsee blank for the endorser to fill in when the endorser endorses. The Negotiable Instruments Act generally does not limit the number of endorsements, and can be pasted on the bill when the endorsement column or the back of the bill is full"Sticky orders"Make an endorsement.

The endorsement shall be made by the endorser on the back of the bank acceptance bill or on the sticky note"Endorser's signature"The first endorsee shall be the endorser of the latter hand, and the name of the enterprise of the previous endorsee must be consistent with the financial seal of the endorser of the latter hand. If the date of endorsement is not stated, it is deemed to have been endorsed before the maturity date of the bill of exchange. Moreover, the endorsement must also record the name of the endorser to be lifted.

How to make accounting entries for commercial acceptance bills?

1. When receiving the acceptance bill.

Debit: Notes receivable.

Credit: Accounts receivable.

2. Discounting. Borrow: Bank deposit.

Finance Expenses. Credit: Notes receivable.

3. The bill of exchange does not need to be processed when it expires.

Note: Receipt of commercial acceptance bills, because there is a possibility that the acceptance bill can not be cashed due to the next reason, so it is necessary to record the acquisition of the acceptance bill, the information and payment of the bill, and the establishment of the acceptance bill of exchange book, in case of emergency

The specific process of endorsement transfer of bank acceptance bill:

First of all, fill in the date, name of the receiving unit, and amount on the front of the bank ash draft.

Secondly, it is necessary to write the name of the opening bank on the back of the bank acceptance draft, stamp the company's financial seal and legal person seal, and indicate the words entrusted to collect the money, and indicate the date.

Finally, if the bank is entrusted to receive the payment, the endorser should fill in the name of the receiving bank, or write the name of the endorsed company in the endorsement place, and then quietly stamp the seal of the company's reserved bank in the box below.

What are the types of acceptance bills?

Acceptance bills include bank acceptance bills and commercial acceptance bills.

A bank acceptance draft refers to an instrument issued by a depositor who has opened a deposit account in the acceptance bank, applies to the opening bank and is reviewed and accepted by the bank, and guarantees the unconditional payment of a certain amount to the payee or bearer on the specified date. It is characterized by good credit, strong acceptance and high flexibility.

Commercial acceptance bill refers to the bill issued by the drawer, and the entrusted payer unconditionally pays the determined amount to the payee or bearer on the specified date. Compared with bank acceptance bills, commercial acceptance bills have lower credit rating and liquidity.

The difference between a bank acceptance bill and a commercial acceptance bill is reflected in the fact that the bank acceptance bill is accepted by the bank, while the commercial acceptance bill is accepted by a payer other than the bank. There is no payment risk for bank acceptance bills, but there is a higher payment risk for commercial acceptance bills

1. The endorser column is stamped with the financial seal (official seal) and personal name seal of the bearer (payee), and the endorsement column is filled in to prepare the unit (endorsee) to hand over the bill. If the endorsed column is a bank, the endorsement column should be filled with the words "entrusted collection".

2. If there are more than two endorsers, the endorsement is required to be consecutive. It means that the first endorser is the payee of the bill, and the second endorser is not the endorsee of the first endorser, and so on, until the bill is submitted to the bank for entrustment. This is called endorsement continuity.

3. If the endorsement column of the bill is not enough to use, you can add a sticky sheet to the wild section (the same as the endorsement part of the back of the bill, that is, it can be pasted on the back of the bill alone, and one is not enough, and one can be glued again.) Banks have this.

Legal Analysis: A cashier's check is transferable by endorsement. A cashier's check is a bill issued by a bank promising that you will unconditionally pay a certain amount to the payee or the bearer of the blank bill when you see the bill.

According to the regulations, the cashier's check is all registered and allowed to be endorsed and transferred. The holder of the cashier's check should transfer the cashier's check, should be endorsed in the "endorsement" column on the back of the cashier's check, stamped with the reserved bank seal of the unit, indicate the date of endorsement, fill in the name of the recipient unit in the "endorsee" column, and then hand over the cashier's check directly to the endorsed unit, and at the same time submit the relevant documents to the endorsed unit for inspection by the endorsed unit.

Legal basis

Article 80 of the Law of the People's Republic of China on Negotiable Instruments Article 80 The endorsement, guarantee, payment and the exercise of recourse for promissory notes, in addition to the provisions of this chapter, shall be governed by the provisions of the second chapter of this law on bills of exchange.