The answer is "wrong" issuance of commercial bills. A commercial acceptance bill refers to a bill issued by the payee and accepted by the payee, or issued and accepted by the payee; a bank acceptance bill is issued by the payee or the acceptance applicant, and the acceptance applicant applies to the bank where the account is opened. Bills approved for acceptance after examination by the bank

Article 79 A commercial acceptance bill may be issued and accepted by the payee, or may be issued by the payee and handed over to the payee for acceptance. Bank acceptance drafts should be issued by the depositor who has a deposit account with the accepting bank.

Article 73 The payee of a commercial bill is the acceptor. So, the first half of the sentence is correct.

In the second half of the sentence, the payer in "Bank acceptance bills can only be issued by the payer" (according to the payment settlement method, the payer = the acceptor). Because the acceptor of a bank acceptance bill is a bank, there is a difference in the concept of "issued by the payee (accepting bank)" in the second half of the sentence and "issued by the depositor who opens a deposit account at the accepting bank" in the payment settlement method.

1: Acceptance bill refers to a bill that has gone through acceptance procedures. That is, during trading activities, the seller issues a bill of exchange in order to obtain payment from the buyer, and the payee indicates the word "acceptance" and signature on the bill to acknowledge payment at maturity. The payee becomes the acceptor of the bill after acceptance. Those accepted by the buyer are called "commercial acceptance bills", and those accepted by banks are called "bank acceptance bills".

Two: The acceptance bill was born in Italy in the 14th century. Early merchants and bankers invented a "four-person bill", that is, there are four signatories on the bill, and they sign and are responsible for different things. The division of labor includes: importer, importer's bank (providing acceptance guarantee), exporter's bank (providing the actual payment in the transaction), and exporter. After its invention, it was widely used in trade settlement and financial financing, which not only directly promoted the development of the trade and financial industries, but also laid the foundation for the later bill underwriting and brokerage business of investment banks.

3: The difference between commercial acceptance bill and bank acceptance bill is that the acceptors are different, which determines that commercial acceptance bill is commercial credit and bank acceptance bill is bank credit. Bank acceptance bills are generally issued and accepted by banks, while commercial acceptance bills can be issued and transferred without endorsement by a bank, but their credit rating and liquidity are lower than bank acceptance bills, and it is more difficult to handle discounts at banks than bank acceptance bills.

Four: The definition of an acceptance bill in international trade is similar to that in domestic trade, but the difference is that an acceptance bill in international trade is often issued by the payee enterprise (drawer) on its own. The drawee's draft is similar in nature to a bill, and its binding force on the drawee is different in different situations. The acceptance bill followed by a letter of credit in international trade is generally a documentary document in the payment document of the letter of credit. The buyer issues a documentary bill to the seller for payment within a certain period of days after sight. When submitting the goods transportation and delivery documents to the bank, it should The bill is accepted and paid on the maturity date.

Five: This kind of acceptance bill, because it is a letter of credit payment document, is a bank credit document, and it is binding on the payer to pay. In international trade, a documentary acceptance bill under a non-letter of credit is generally a bill issued directly by the payee (drawer) to the payer. It is a commercial credit and does not bind the payer to pay.