So how does the endorsement of electronic tickets operate?

Let's take a look together!

Related concepts of electronic commercial bills of exchange

1. What is an electronic commercial bill?

The so-called electronic commercial bill is a bill that the drawer entrusts the payer to pay a certain amount to the payee or holder unconditionally on a specified date in the form of data message. Referred to as electric ticket.

2. What is the endorsement of electronic commercial bills?

Endorsement of an electronic commercial bill refers to the act that the endorser delivers the electronic bill to the endorsee according to law.

Necessary items for endorsement of electronic commercial bills.

The endorsement of an electronic commercial bill must record the following items:

(1) name of endorser;

(2) The name of the endorsee.

(3) the date of endorsement;

(4) The electronic signature of the endorser.

Is there any record on the drawer's or endorser's draft? Not transferable? Matters, electronic commercial bills may not continue to be endorsed. A bill of exchange may not be transferred or endorsed after it is presented for payment.

Transfer process of electronic commercial draft

1. Electronic commercial bills are circulated electronically. The endorser logs in through online banking, bank counters or other electronic terminals, inputs the endorsement application information, and affixes the electronic signature with the digital certificate of the endorser;

2. The bank that opens the account examines the electronic signature of the endorser, and forms an endorsement business application message after passing the examination, and uses the digital certificate of the bank to affix the electronic signature and send it to the electronic commercial bill system of the People's Bank of China;

3. The electronic commercial bill system of the People's Bank of China forwards the application message to the access system of the endorsee's bank after checking whether the electronic signature of the endorsee's bank is accurate and effective and whether the endorsee is the bearer.

4. After the access system of the bank where the endorsee opens an account verifies the validity of the message, it will notify or display the application information to the endorsee, and the endorsee can sign or reject the endorsement application and affix his own electronic signature;

5. The access system of the endorsee's bank verifies the validity of the endorsee's electronic signature, forms a reply message stamped with the bank's electronic signature, and sends the reply message to the electronic commercial bill system of the People's Bank of China;

6. After the electronic commercial bill system of the People's Bank of China verifies the validity of the receipt message, if it is a reply message that agrees to sign, the owner of the bill is changed to the endorsee, and the endorser is informed; If it is a refusal to reply, the endorser will be told to refuse to reply.

Before the endorsee initiates a reply, both the endorser and the endorsee can operate the bill, the endorser can cancel the endorsement application, and the endorsee can reply (sign or reject) the endorsement application. At this point, the system processes according to the principle of time priority.