Current location - Quotes Website - Personality signature - What is the acceptance bill for?
What is the acceptance bill for?
A bill that a bank promises to pay at maturity is called a bank acceptance bill; A bill of exchange promised by a powerful and reputable enterprise to pay at maturity is called a commercial acceptance bill. Because the credit system necessary for market economy has not been fully established in China, commercial acceptance bills are not widely used, and bank acceptance bills are widely used in our economic life.