according to the provisions of bank draft, the issuer of bank draft issued by the drawer.
according to article 19 of the negotiable instrument law of the people's Republic of China, a bill is issued by the drawer, and the drawee is entrusted to unconditionally pay a certain amount to the payee or holder at sight or on a specified date. Bills of exchange are divided into bank bills and commercial bills.
Article 2 The issue of a bill refers to the act of the drawer signing a bill and delivering it to the payee.
article 21 the drawer of a bill of exchange must have a true entrusted payment relationship with the drawee and have a reliable source of funds to pay the amount of the bill. No bill of exchange without consideration shall be issued to defraud the bank or other parties to the bill.
Extended information:
Article 24 of the Law of the People's Republic of China on Negotiable Instruments may record other matters for issuing tickets other than those specified in this Law, but the recorded matters have no effect on the bill.
Article 25 The date of payment may be recorded in one of the following forms:
(1) Payment at sight;
(2) Fixed-date payment;
(3) pay regularly after the ticket is issued;
(4) Pay regularly after sight.
the payment date specified in the preceding paragraph is the maturity date of the bill.
Baidu Encyclopedia-People's Republic of China and China's Bill Law