No risk to the lender.
The bank acceptance bill pledge loan uses the pledged bank acceptance bill as the second source of repayment. With the bank's credit, the bank promises to pay unconditionally as a guarantee. Even if the borrower loses the first source of repayment, the loan will be due. The pledged notes are transferred in the secondary market or discounted in advance to the accepting bank to obtain repayment funds. There is no risk for the lender. It is one of the safest products in P2P online lending currently on the market.
Electronic bank acceptance bills are the inheritance and development of paper bank acceptance bills. The rights and obligations of bills reflected in electronic bank acceptance bills are no different from paper bank acceptance bills. The difference is that electronic bank acceptance bills The original paper physical bills are replaced by data messages, physical signatures are replaced by electronic signatures, manual transmission is replaced by network transmission, and manual writing is replaced by computer entry, realizing a completely electronic bill business process such as bill issuance, circulation, and redemption. change. By using electronic signatures and reliable security authentication mechanisms, electronic bank acceptance bills can ensure their uniqueness, integrity and security, and reduce various risks such as cloning, alteration, forgery, loss and damage; electronic bank acceptance bills All bill activities such as bill issuance, guarantee, acceptance, delivery, endorsement, pledge, discount, rediscount, and rediscount are conducted on the electronic commercial bill system, which can greatly improve the efficiency of bill circulation, reduce labor and financial costs, and effectively improve financial services. and business efficiency.
The maximum term of electronic bank acceptance bills has been extended from 6 months to 1 year, and the maximum bill amount has been enlarged from 100 million yuan to 1 billion yuan. It has good liquidity and strong short-term financing capabilities, which is very helpful to the group. System companies reduce financial costs.
The successful launch of the electronic commercial draft system is another major step in financial innovation.