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Asking this question means that you don't understand the definition of a bill of exchange and an acceptance bill
In layman's terms, the so-called bill of exchange must have three parties, namely the drawer, the payer and the payee. Then, the payer is not either of the two parties to the buyer and the seller, such as the common bank draft.
The payer is the bank, and the bank is not a party to the contract of sale and purchase - from this, it can be seen that the commercial bill.
The payer of the parties is also not either the buyer and the seller, so the payer of the commercial bill is neither the buyer nor the seller, but the third enterprise.
Because the acceptance bill is a usance bill, the payer needs to accept the bill of exchange first, so the commercial acceptance bill is accepted by the third enterprise that is neither the buyer nor the seller, that is, the payer of the acceptance bill.
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Theoretically, yes, but in China, you need to follow the law, to have a real transaction relationship and creditor-debt relationship, and in China, commercial acceptance bills are not very widely circulated because they are based on corporate credit.
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The acceptor refers to the payer who promises and records the amount of the bill of exchange on the maturity date of the bill of exchange, and is also the main debtor of the bill.
The drawer of the commercial acceptance bill is a legal person and other organization that has opened a deposit account in the bank, has a real entrusted payment relationship with the payer, and has reliable funds to pay the amount of the bill**. The commercial acceptance bill is issued by the drawer, accepted by the payer other than the bank, and the payer is entrusted to pay the determined amount unconditionally to the payee or bearer on the specified date.
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In layman's terms, I will give you a bill of exchange, but the acceptor is a business. That is, this company will give you a guarantee (if this company is just casually grab a lot of money on the road, you are sure that this bill of exchange is not wanted, if the acceptor is Huawei, you will feel that the credit is very good.) )
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The commercial acceptance bill is a (business-to-business) payment voucher issued by enterprise A to enterprise B, and the deadline cannot exceed one year, and the paper commercial bill cannot be greater than 1 million yuan.
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Hello, glad to answer for you. There is a difference between the liability of the buyer and the seller for violating the law when buying and selling commercial acceptance bills. Generally speaking, the buyer's responsibility in the transaction is greater than that of the seller, because often the buyer is the one who controls the same acceptance bill, while the seller has only a relatively small share.
Therefore, the buyer is more responsible than the seller. Specifically, the legal responsibilities of the buyer for buying and selling commercial acceptance bills include: 1. Bear the responsibility for violating the commercial credit agreement; 2. Comply with the provisions on the application, issuance and payment of acceptance bills; 3. Bear part of the arrears; 4. Provide valid payment vouchers to the franchisee in a timely manner; 5. Notify the franchise seller of the collection in a timely manner after cashing; 6. Perform relevant obligations in the event of disputes over other acceptance bills.
The responsibilities of the seller are: 1. Issuing commercial acceptance bills according to the economic and trade agreement; 2. Follow the commercial credit agreement signed by the buyer; 3. Arrears should be liquidated in a timely manner; 4. Conscientiously implement the contents of invoices and bills; 5. Provide qualified goods or Bizhou services to the buyer as soon as possible; 6. Timely fulfill the obligations such as repaying the repentance payment; 7. For disputes arising from cashing, the buyer and seller shall resolve them by themselves. In addition, when the commercial acceptance bill is sold due to commercial credit purchase, the buyer and seller should pay attention to information security and have a comprehensive understanding of commercial information, technical means and market dynamics, which will help prevent the transaction behavior of the buyer and seller from being illegally infringed.
A commercial acceptance bill is a type of commercial bill. It refers to a bill of exchange issued by the payee that is accepted by the payer, or issued and accepted by the payer. The unit using the bill of exchange must be a legal person that has opened an account in the People's Bank of China, and it must be based on legal commodity transactions, and after the bill of exchange is accepted, the acceptor (i.e., the payer) has the responsibility to pay the bill unconditionally when due, and at the same time, the bill of exchange can be discounted to the bank or can be circulated and transferred. >>>More
A bank draft is a general term that includes both a commercial acceptance draft and a bank acceptance draft. As the name suggests, it is issued by the enterprise with the maturity of the enterprise commitment to redeem the bill of exchange, it is very risky, because it is similar to the post-dated check will occur in the case of the enterprise without payment, the bank acceptance bill is also issued by the enterprise, but it is promised by the bank to pay when due, so it is less risky, the circulation in the market is relatively large, and everyone accepts more.
Commercial acceptance bill is a kind of credit is not a good bill, when not to pay there is no way, only bear 5 fines, by the consignee does not have to be agreed by the bank by their own issuance, true or false as long as to the payment unit to open a bank to ask on the line.
1. There is no limit on the starting amount; A banker's acceptance is a commonly used settlement tool. >>>More
Bank acceptance is a commitment made by the bank to the applicant for acceptance to guarantee the payment of the bill to the bearer on the maturity date of the bill. >>>More