Bank acceptance bill
Bank acceptance bills refer to bills that are accepted and guaranteed by the Bank according to the drawer''s application and with approval by the Bank that guarantees to pay stipulated amount to the payee or the holder of bills unconditionally on specified date.
- Good reputation and acceptability;
- Strong liquidity and high flexibility;
- Low financing costs;
- Avoid risk of fictitious bills and fake bills, and be convenient and cost-saving and time-saving.
Customers who have real and legitimate commodity transaction or service transaction background, have deferred payment needs, and sell on credit (customers who draw e-bank acceptance bills shall register on corporate E-bank).