How to trade an acceptance bill?

Generally, it is now the best transaction, looking for a bill company or a bill platform, the latter is the circulation method of 98% of the bills on the market. Buying and selling acceptance bills on the platform is a bit similar to shopping on ** is very safe, when buying and selling acceptance bills, the buyer will first play the money, and the funds will be controlled by the third-party bank that the platform cooperates with first, and the funds will be transferred to the buyer's account after the seller's endorsement transfer operation is completed. Different from the past, it will not involve the first behind or the back, the market draft stack platform adopts this model, which better protects the transaction security of buyers and sellers.

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.

1. The most basic profit is that the bank discount interest is higher than the basic deposit interest. 2. The use of different settlement methods, for example, your unit can receive cash for sales, and the payment can be accepted, and the discount difference can be used to make a profit. There are three main ways to apply bank acceptance bills:

First, the enterprise pays the payment with bank acceptance bills to make up for the short-term shortage of funds, so as to save cash flow expenditure; Second, enterprises issue bank acceptance bills for difference margins, which can enlarge credit and raise more funds with less money and lower financing costs; Third, when the enterprise is short of funds, it can also apply for discount or endorsement transfer of the received bank acceptance bills, and replenish the working capital or pay for the goods in a timely manner. In the past two years, new characteristics have emerged in the use of bank acceptance bills: a large number of enterprises use bank acceptance bills for financing and arbitrage transactions.

There are mainly the following ways: First, the inventory bank acceptance bill is discounted, and the funds obtained are returned to the high-interest loan. Based on current lending and bill discount rates, bill financing is less expensive than medium-term loans.

At present, the monthly interest rate of bill discount is about the same as that of a 6-month bank loan, and the cost of financing using bills is much lower than that of direct loans. Second, take advantage of the arbitrage space existing in the inversion of interest rates to obtain arbitrage income. There are two ways to do this in this way:

In the first method, the enterprise first makes a short-term time deposit, and then uses the deposit as a margin to issue a bank acceptance bill for external payment, and the holder can request a discount at any time, and the discount interest is borne by the issuing enterprise. At present, the monthly interest rate of semi-annual time deposit is, while the discount monthly interest rate of the bill is around, and the interest rate spread of 6 months is. Since the discount interest rate is lower than the interest rate on bank deposits, the issuing enterprise can obtain the interest rate difference between the bill discount rate and the time deposit interest rate.

For enterprises, even if the full margin is accepted, there is also a very considerable arbitrage space; If partial margin acceptance is used, there is more room for arbitrage; In the second method, the enterprise pledges the acceptance bill receivable that is about to expire in the short term, and issues the bank acceptance bill as a margin to pay externally, and the funds recovered after the maturity of the acceptance bill receivable are deposited in the bank to calculate the deposit interest, and the bank acceptance bill payable is used for redemption after maturity. In this way, you can make full use of the time difference to get the deposit income.

Legal Analysis: No, except for commercial banks, no one is allowed to engage in bill spinal discounting activities. If the holder of the unexpired banker's acceptance bill needs funds, it can apply to the commercial bank for discount, and the discount rate is far lower than the interest rate of private trading.

Law on the basis of the law: "Interim Measures for the Administration of Acceptance, Discounting and Rediscounting of Commercial Bills" Article 2 Discounting refers to the holder of commercial bills of exchange before the maturity date, in order to obtain funds to discount a certain interest on the transfer of the right to the instrument to financial institutions.

Common negotiable instrument disputes include disputes over the right to claim for the delivery of bills, disputes over the right to claim for the return of bills, disputes over the liability for damage of bills, disputes over the right to claim for the return of bills of exchange, disputes over the issuance of bills of exchange, disputes over guarantee of bills, disputes over confirmation of the invalidity of bills, disputes over the repurchase of bills, etc.

Legal basis: Article 225 of the Criminal Law of the People's Republic of China: Where state regulations are violated by committing any of the following illegal business activities, disrupting market order, and the circumstances are serious, a sentence of up to five years imprisonment or short-term detention is to be given, and/or a fine of between 1 and 5 times the amount of unlawful gains; where the circumstances are especially serious, a sentence of five or more years imprisonment is to be given, and a concurrent fine of between 1 and 5 times the amount of unlawful gains or confiscation of property is to be given: (1) Engaging in the operation of monopoly or monopoly items or other restricted items as provided for by laws or administrative regulations without permission; (2) Buying and selling import and export licenses, import and export certificates of origin, and other business licenses or approval documents provided for by laws and administrative regulations; (3) Illegally operating **, **, or insurance business without the approval of the relevant competent state departments, or illegally engaging in fund payment and settlement business; (4) Other illegal business activities that seriously disrupt market order.

Legal Analysis: No, except for commercial banks, no one is allowed to engage in bill discounting activities. Holders of unexpired banker's acceptance bills can apply to commercial banks for discounting if they need funds, and the discount rate of Bihao is much lower than the interest rate of private trading. Repentance is lead.

Legal basis: Interim Measures for the Administration of Commercial Bill Acceptance, Discounting and Re-discounting of Huqing》 Article 2 Discounting refers to the holder of commercial bills of exchange before the maturity date, in order to obtain funds to discount a certain interest to transfer the right to the instrument to financial institutions.

The cashier of the payment unit fills in the bank acceptance.

After the bill of exchange, the relevant content of the bill of exchange should be checked with the transaction contract, and the "bank acceptance agreement" and the list of bank acceptance bills should be filled in after verification, and the official seal of the unit should be stamped at the "acceptance applicant".

The bank acceptance agreement is generally in triplicate, one copy of the bank credit department, one copy of the bank accounting department, and one copy of the payment unit, and its content is mainly the basic content of the bill of exchange, and the basic terms that the applicant should abide by after the bill of exchange is accepted by the bank. After the bank has completed the review, the bank acceptance agreement shall be stamped with the bank's official seal or contract seal, the special seal of the bank acceptance bill shall be affixed on the bank acceptance draft, and at least one private seal of the person in charge shall be affixed.

Extended Materials

One. Money Order: Money order

It is one of the most common types of negotiable instruments, and Article 19 of China's Negotiable Instruments Law stipulates: "A bill of exchange is an instrument issued by the drawer, and the payer is entrusted to pay a certain amount to the payee or bearer unconditionally at the sight of the bill or on a specified date." "Bills of exchange are one of the most widely used credit instruments in international settlements.

It is a kind of entrustment type**, the basic legal relationship.

There are at least three characters: the drawer, the drawee, and the payee.

From the perspective of the parties, when a bill of exchange is issued, there are three basic parties: the drawer, the payer and the payee. The drawer is the person who issues the bill of exchange, the payer is the person who is entrusted by the drawer to pay the amount of the bill, and the payee is the person who requests the payer to pay the amount of the bill with the bill.

The bill of exchange is a kind of payment order, so the drawer and the payer of the bill of exchange must have a real entrusted payment relationship, and have reliable funds to pay the amount of the bill.

We are subject to acceptance. Acceptance is a legal act unique to bills of exchange.

It refers to a kind of bill behavior in which the payer promises to pay the amount of the bill of exchange on the maturity date of the bill. Once the bill of exchange is accepted, the payer replaces the drawer and becomes the principal debtor of the bill.

Two. Bills of exchange vary according to the payer.

It is divided into bank drafts.

and commercial bills, the most commonly used is the commercial bills, which can be divided into bank acceptance bills and commercial acceptance bills according to the different acceptors

1) Banker's acceptance draft refers to the bank that is accepted by the bank.

An instrument issued by the depositor who opens a deposit account, applies to the depositary bank and is reviewed and accepted by the bank, guaranteeing to unconditionally pay the determined amount to the payee or bearer on the specified date.

2) Commercial acceptance bill refers to the bill of exchange issued by the payee and accepted by the payer, or issued and accepted by the payer.

There are two forms of commercial drafts: electronic and paper, of which electronic drafts can be issued for a period of one year, and paper drafts can be issued for a maximum of half a year.

1.To apply, the applicant prepares documents and materials such as unexpired and legally valid bills of exchange, copies of ID cards, discount business applications, etc., and applies to the bank; 2.Audits are carried out by bank staff; 3.

Endorsement transfer, after the applicant is approved by the bank, it is necessary to go through the formalities such as endorsement transfer of commercial draft; 4.After deducting the discount interest, the bank will transfer the corresponding funds to the applicant's deposit account, and the applicant can use the discount.

1. Information required for handling bank acceptance bills:

1. Application for bank acceptance draft (reason for application, amount, period, guarantee method).

2. Commodity purchase and sale contract (original and copy), and indicate that the bank acceptance draft is used as the settlement method.

3. Financial statements at the end of the previous year and one month before the application date.

4. Business license, legal person ** certificate, loan card, legal person ID card, tax registration certificate (all of the above are copies).

5. Articles of Association.

6. Capital verification report.

7. Official seal and financial seal.

2. Bills of exchange can be divided into the following types:

1. According to the different drawers of bank drafts and commercial drafts.

2. According to whether there are attached documents, light bills of exchange, documentary bills.

3. According to the payment time, demand bills and usance bills.

Legal basisArticle 87 of the payment term of commercial bills shall not exceed 6 months. The payment term of the bill of exchange for fixed payment is calculated from the date of issuance, and the specific maturity date is recorded on the bill.

The payment term of the bill of exchange for periodic 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 the sight of 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.