Why do you want to restrict the cashier s check business, what business uses a bank draft, and what

To be precise, the central bank restricts bearer promissory notes at sight.

Note: The key is in this bearer, which is the fundamental reason why promissory checks are restricted and not money orders checks).

And the central bank's purpose in restricting bearer promissory notes is simple: to prevent inflation.

According to the provisions of Article 75 of China's "Negotiable Instruments Law": "A promissory note is an instrument issued by the drawer, promising to unconditionally pay a certain amount to the payee or bearer at the sight of the bill. The term "promissory note" as used in this Law refers to a cashier's check of a bank.

The drawer of the cashier's note must have reliable funds** to pay the amount of the cashier's check, with a guarantee of payment. "The qualifications of the drawer of the promissory note shall be examined and approved by the People's Bank of China, and the specific administrative measures shall be prescribed by the People's Bank of China." In short, China's Negotiable Instruments Law only allows the issuance of registered cashier's checks for immediate payment, and not all banks can issue cashier's checks.

Since bank cashier's checks are generally bearer promissory notes at sight, bearer promissory notes are as liquid as the currency issued by the central bank (bills of exchange and checks do not have liquidity in the monetary sense); The issuance of a large number of promissory notes by banks is equivalent to the issuance of paper money, which will exacerbate inflation in the country. As a result, developed countries usually restrict the circulation of promissory notes by imposing a larger denomination on the issuance of promissory notes by banks.

Vigorously promote modern payment systems, such as CNAPS, BEPS, to replace the function of cashier's checks and make them more efficient.

I'm the banker, there's no limit to that.

Look, search for a cashier's note, and your answer will be solved immediately.

The main methods of bank settlement are: bank draft, bank cashier's check, commercial draft, check, exchange, entrusted collection, collection and acceptance, etc. The various ways are outlined below:

1. Bank draft.

A bank draft is a bill in which the remitter deposits the money in the local bank, is issued by the issuing bank, and unconditionally pays the money to the payee or bearer according to the actual settlement amount at the sight of the bill.

Applicable: Commodity transactions of receiving money first and then shipping or clearing money and goods can be applicable to both units and individuals.

2. Cashier's check.

A cashier's check is a kind of instrument in which the applicant deposits the money with the bank, and the bank issues it for transfer or cash withdrawal.

Applicable: Cashier's check is applicable to units and individuals who need to pay various amounts in the same clearing area.

Classification: According to whether the amount is fixed or not, it can be divided into two types: fixed amount and fixed amount.

3. Commercial bills.

A commercial draft is an instrument issued by the drawer, and the payer is entrusted to pay a certain amount to the payee or bearer unconditionally on the specified date. The use of commercial bills must have a real transaction relationship or creditor-debtor relationship. The payment term of the commercial draft shall be agreed upon by both parties to the transaction and shall not exceed 6 months.

The prompt payment term of the commercial draft shall be within 10 days from the due date of the commercial draft.

Classification: According to the acceptor, it can be divided into commercial acceptance bills and bank acceptance bills.

Features: (1) The scope of application is relatively narrow: it is only applicable to commodity transactions between enterprises due to the first delivery and then payment or the two parties agree to postpone payment.

2) There are relatively few objects of use: the conditions for the objects of use: one is to open an account in a bank, and the other is to have legal personality.

3) Must be accepted.

4) Unexpired commercial bills can be discounted at the bank.

5) It can be used in the same city or other places, and there is no restriction on the starting point of settlement.

Bank settlement business and bill processing.

1. Bank personal settlement business:

1. Bank draft, bank draft is a customer depositing money in a local bank, and the bank issues a bill for the remitter to go to another place for transfer settlement or cash withdrawal.

2. Commercial bill, commercial draft is a bill issued by the payee or payer (or acceptance applicant), accepted by the acceptor, and paid to the payee or endorsee on the maturity date.

3. Cashier's check, cashier's check refers to the bill issued by the bank to the customer after receiving the payment to the customer for transfer settlement or cash withdrawal within the same city.

4. Cheque, the cheque is issued by the depositor, and the bank entrusted to pay a certain amount of money to the payee or bearer unconditionally at the sight of the cheque.

5. Exchange, exchange is a settlement method in which the remitter entrusts the bank to remit the money to the foreign payee. There are two types of exchange: mail transfer and telegraphic transfer.

6. Entrusted collection, entrusted collection is a settlement method in which the payee entrusts the bank to collect money from the payer.

7. Collection and acceptance, collection and acceptance is a settlement method in which the sales unit entrusts the bank to collect the payment from the purchasing unit after the goods are delivered according to the economic contract, and the purchasing unit undertakes the payment to the bank after the inspection or inspection.

8. Letter of credit, letter of credit is a certificate of credit issued by the bank by which the applicant deposits the money and opens a deposit account in the bank.

2. Income from personal settlement business:

1. Salary and bonus income.

2. Labor income such as manuscript fees and performance fees.

3. The principal and income of bonds, **, trusts and other investments.

4. Income from the transfer of personal creditor's rights or property rights.

5. Personal loan rollover.

6. **Transaction settlement funds and ** transaction margin.

7. Inheritance and gifts.

8. Insurance claims, premium refunds and other payments.

9. Tax refund.

10. Sales revenue of agricultural, sideline and mineral products.

11. Other legal funds.

1. What is bank settlement?

Answer: It refers to the act of receiving and paying through the transfer of funds in the bank account, that is, the bank accepts the customer's entrustment to collect and pay on behalf of the customer, transfers the money from the deposit account of the payment unit, and transfers it to the deposit account of the receiving unit, so as to complete the liquidation of claims and debts between the economies or the transfer of funds.

2. What are the types of bank settlements?

Answer: The types of bank settlement are: 1) bank draft 5) check 2) commercial draft 6) exchange.

3) Cashier's check 7) Entrusted collection 4) Credit card 8) Collection and acceptance 3. What is a bank draft?

Answer: A bank draft is a bill for the customer to deposit the money with a local bank, and the bank will issue a bill for the remitter to handle the transfer settlement or withdraw cash in a different place.

4. What is a commercial bill?

Answer: A commercial draft is an instrument issued by the payee or payer (or the applicant for acceptance), undertaken by the acceptor, and paid to the payee or endorsee on the maturity date. 5. What is a cashier's check?

Answer: Cashier's check refers to the bill issued by the bank to the customer after receiving the payment to the customer for transfer settlement or cash withdrawal within the same city.

6. What is a cheque?

Answer: The check is a bill issued by the depositor, which entrusts the bank to unconditionally pay a certain amount to the payee or bearer at the sight of the check.

7. What is exchange?

Answer: Remittance is a settlement method in which the remitter entrusts the bank to remit the money to the foreign beneficiary.

There are two types of exchange: mail transfer and telegraphic transfer.

8. What is entrusted collection?

Answer: Entrusted collection is a settlement method in which the payee entrusts the bank to collect money from the payer. 9. What is collection and acceptance?

Answer: collection and acceptance is a settlement method in which the sales unit entrusts the bank to collect the payment from the purchasing unit after the goods are shipped according to the economic contract, and the purchasing unit undertakes the payment to the bank after inspecting the documents or inspecting the goods.

10. What is a credit card?

Answer: A credit card is a credit certificate issued by the bank by which the applicant deposits the money with the bank and opens a deposit account in the bank.

Bank settlement refers to the act of receiving and paying through the transfer of funds from a bank account, that is, the bank accepts the customer's entrustment to collect and pay on behalf of the customer, transfers the money from the deposit account of the payment unit and transfers it to the deposit account of the receiving unit, so as to complete the settlement of claims and debts between economies or the transfer of funds.

Bank settlement is the medium of commodity exchange and the intermediary of clearing funds in social and economic activities.

Domestic bank settlement methods mainly include bank drafts, commercial drafts, cashier's checks, checks, exchanges, entrusted collections, collection and acceptance, credit cards, letters of credit, etc.

The "BOC Corporate Settlement Card" is a tool issued to corporate customers, which uses the card as the medium and the password (or password and additional payment password) to handle the account collection management and use of relevant account payment and settlement and wealth management business for corporate customers, with functions such as identification, transfer and exchange, cash deposit and withdrawal, information reporting, investment and wealth management. The characteristics of the unit settlement card are as follows:

1. Handle business with the card, saving cumbersome procedures such as filling in checks and checking seals.

2. Cash deposits and withdrawals can be handled through ATMs, and 7*24 hours of year-round business services are supported.

3. Realize the deposit and exchange of corporate business, and handle corporate business at the nearest outlets, so as to reduce the pain of traveling. Types of Corporate Settlement Cards:

1.Payment cards: cash withdrawal, transfer and remittance, account information inquiry at the counter and self-service channels.

2.Receiving card: It has the functions of cash deposit, transfer deposit and remittance deposit.

3.Query card: Query the transaction information of enterprise accounts under different customer numbers that have been associated.

To sum up, it can be known that only the payment card in the settlement card of the Bank of China can be used to pay by POS card. Pay attention to the type of card you are using when using it.

1. The unit settlement card is a payment and settlement tool. It refers to the payment and settlement tools issued by the bank to the corporate customer, associated with the settlement account of the unit, with the card and password as the payment conditions, and mainly has the functions of account inquiry, transfer and remittance, cash deposit and withdrawal, consumption and so on.

2. To put it simply, the corporate settlement card is a bank card issued by the bank to corporate customers. It can be seen from the definition of the unit settlement card that its main functions are similar to those of the personal bank card, which can check the account situation, transfer and remittance, cash deposit and withdrawal, consumption, etc.

3. The corporate settlement card is issued to the corporate customers of the bank, and the customers can handle business at the counters of our business outlets, ATMs, POS and other self-service channels with the card and password (or password and additional payment password).

4. The unit settlement card has the functions of identification, transfer and exchange, cash deposit and withdrawal, information report, investment and financial management, etc.

The above content is for your reference, and the actual business regulations shall prevail.