Current location - Quotes Website - Personality signature - What does the "endorsee" on the back of a bank acceptance bill mean?
What does the "endorsee" on the back of a bank acceptance bill mean?
The endorsee refers to the legal person, other organization or individual who accepts the endorsed bill in the process of endorsement. For the endorsee, all the endorsers and the original drawer are his predecessors, and they all have the responsibility to ensure that the drawee pays or accepts the bill when it expires.

Endorsement is a bill behavior and an important way of bill transfer. Endorsement is the act of the holder signing the back of the bill and delivering it to the transferee. The bearer here is called an endorser, and the transferee is called an endorsee.

When a bill cannot be cashed, the endorsee has the right to recover from his direct endorser and other endorsers who sign the bill until the bill is accepted or paid.

Extended data:

Endorsers are constantly changing, because in the international financial market, bills can only be transferred after endorsement, and bills are constantly transferred from endorsers to the next endorsee. Therefore, endorsers change with the transfer and circulation of bills.

Whether the items recorded in the draft comply with the relevant provisions, whether the issue amount and date are confirmed correctly, whether the digital amount is stamped with a digital seal, whether the digital amount is consistent with the digital amount, whether the signature of the issuing bank complies with the relevant provisions, and whether the special seal for the draft and the seal of the authorized handling personnel are stamped.

Baidu Encyclopedia-Spokesperson