Upon receipt of a transfer cheque from another company, when the company opens an account, it will stamp the reserved seal of the company in the column of endorser on the back, fill in the full name of the opening bank in the column of endorser, and add the following remarks: entrusted collection.

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 main purpose of endorsing a transfer bill is to establish the rights and obligations between the transferor and the transferee. As an indorser of the transferor, once he signs the bill, he must undertake the following two obligations: (1) He must ensure that the bill is accepted or paid by all those who later obtain it, including the indorser. (2) Ensure the authenticity of all previous signatures and the continuity of the endorsements he has signed on the bill before. Endorsement continuity means that the signatures of the endorser of the transferred bill and the endorsee of the transferee's bill are continuous in the transfer of the bill.

Second, the endorser to fill in the way:

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.

The main purpose of endorsing a transfer bill is to establish the rights and obligations between the transferor and the transferee. As an endorser of the transferor, once he signs the bill, he must undertake the following two businesses: (1) He must ensure that the bill is accepted or paid by all those who later obtain it, including the endorsee. (2) Ensure the authenticity of all previous signatures and the continuity of the endorsements he has signed on the bill before. Endorsement continuity means that the signatures of the endorser of the transferred bill and the endorsee of the transferee's bill are continuous in the transfer of the bill.

The endorsee is the transferee of the bill, and he has the right to obtain all the rights of the endorser on the bill. The performance is: (1) The endorsee can ask the drawee for acceptance and payment in his own name, or transfer the bill to others by endorsement. (2) When a bill cannot be cashed, the endorsee has the right to recover from his direct endorser, other endorsers who have signed the bill and even the drawer.

Third, the relationship between the endorser and the endorsee:

The endorser is the debtor of the endorsee, and the endorsee is the creditor of the endorsee. The endorsee is the transferee of the bill, and he has the right to obtain all the rights of the endorser on the bill.

Displayed as:

(1) The endorsee may demand acceptance and payment from the drawee in his own name, or may endorse the bill and transfer it to others.

(2) 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.