Electronic acceptance bills will not be returned if not signed for 24 hours, and can be withdrawn manually. Generally, electronic acceptance bills need to be signed for within 7 working days. If the signature is overdue, the payer can be asked to endorse again, and you can directly contact the other party's finance department. . Electronic acceptance generally refers to electronic bank acceptance bills, which can ensure their uniqueness, integrity and security by using electronic signatures and reliable security authentication mechanisms.

Electronic bank acceptance bill means that the drawer applies to the bank where the account is opened in the form of a data message. After the acceptance bank approves and agrees to the acceptance, the acceptance applicant is guaranteed to unconditionally pay the determined amount to the payee on the specified date. or the holder of the instrument. Improved bill circulation efficiency and reduced labor and financial costs.

Bank acceptance bills have good credit, strong acceptance, high flexibility, and effectively save capital costs. For enterprises with strong strength and relatively trustworthy banks, they only need to pay the required deposit to apply for the issuance of a bank acceptance bill, which can be used for normal purchase and sale business. The funds will be delivered to the bank when the payment date approaches.

The drawer of the bank acceptance bill must meet the following conditions: 1. Have a real entrusted payment relationship with the accepting bank; 2. Have sufficient payment ability, good settlement record and settlement reputation; 3. Have credit with the bank The relationship is good and there is no record of overdue loans; 4. The drawer has a good credit guarantee, etc.

Money Order is one of the most common types of bills. Article 19 of my country’s "Negotiable Instruments Law" stipulates: "A bill of exchange is issued by the drawer. When the payee entrusts the payer to see the bill, Or a bill that pays a determined amount unconditionally to the payee or holder on a specified date. "A bill of exchange is the most widely used credit instrument in international settlement. It is a commissioned security with at least three basic legal relationships: drawer, payee and payee.

On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented. The standard English for money orders is Money Order.

Bills of exchange can be divided into the following types:

Bill of exchange process

Bill of exchange process (4 sheets)

1. According to the payer’s Different - bank draft, commercial draft.

A banker's draft is a draft issued by a bank and paid by another bank.

A commercial draft is a draft issued by a firm or individual and payable by another firm, individual or bank.

2. Depends on whether there are accompanying documents—clear draft or documentary draft.

Clean bill (clean bill) The money order itself does not come with shipping documents, and most bank drafts are clean bills.

Documentary bill, also known as credit bill and bill of exchange, is a bill that needs to be accompanied by bills of lading, warehouse receipts, insurance policies, packing lists, commercial invoices and other documents before payment can be made. Commercial bills are mostly documentary bills.

3. According to the payment time─sight draft and usance draft.

Sight bill (sight bill, demand bill, sight draft) refers to a bill that is paid immediately by the payer after the holder presents it to the payer. It is also called a sight draft or a demand draft.

A time bill (time bill, usance bill) is a bill that is payable after a certain period of time or on a specific date. In a usance bill, a certain date is recorded as the maturity date, and if the payment is made on the maturity date, it is a time bill; if the payment is recorded within a certain period after the date of issue, it is a time bill; if the payment is recorded within a certain period after the sight of the bill, it is a time bill; , it is an installment bill; if the face amount is divided into several parts and the maturity dates are specified respectively, it is an installment bill.

Usance bills are divided into commercial acceptance bills and bank acceptance bills according to the acceptor.

A commercial acceptance bill is a usance bill with any firm or individual other than a bank as the acceptor.

The acceptor of banker's acceptance bill is the bank's usance bill.

4. According to the circulation area - domestic money order, international money order.

Bank drafts

There are many kinds of drafts, and there are two common types of bank drafts. Generally, bank drafts and bank acceptance drafts are more commonly used between enterprises. The former is The company must have full payment in the bank before it can apply for a bank draft of the corresponding amount (that is, if you want to issue a bank draft of 1 million yuan at the bank where the account is opened, you must have a deposit of more than 1 million yuan in the account of the bank). The latter depends on the credit limit given by the bank to the enterprise. Generally, the enterprise pays a part of the deposit to the bank, and the balance can be mortgaged and other means (for example, if a bank acceptance bill is issued for 1 million, the enterprise pays a 30% deposit of 300,000 to the bank, and the other 700,000 enterprises You can use land, factories, cargo warehouse receipts, etc. as collateral. If the company has a good reputation, you may only need to pay part of the deposit to issue the full amount.)

If you are the payee, you will receive the money from others. For bank drafts, you can immediately prompt the bank for payment, and the bank will transfer the corresponding money to your account.

If you receive a bank acceptance bill, you can prompt the bank for payment by the above deadline, or you can apply for a discount from the bank before the deadline (the bank will deduct the corresponding interest), or you can pay the bill. For your next home.