The principles of payment and settlement include: for the payer, it is necessary to abide by credit and perform payment; For the payee, the principle of who controls the money into his account; For intermediaries, the principle that banks do not advance.

Payment and settlement business refers to the services provided by banks to make monetary payment and fund settlement for corporate customers and individual customers by bills, remittances, collections, letters of credit and credit cards. Payment and settlement business is an intermediate business of banks, and the main source of income is fee income. Payment and settlement business is the product innovation foundation of state-owned commercial banks in the era of low profit.

Basic requirements for payment and settlement

(1) payment settlement

Units, individuals and banks must use the bill vouchers and settlement vouchers printed according to the unified regulations of the People's Bank of China for payment and settlement.

(2) signatures on bills and settlement vouchers

The signatures and other recorded items on bills and settlement vouchers shall be true and shall not be forged or altered. The amount, date and payee name of the bill shall not be changed, and the changed bill is invalid; The bank will not accept the changed settlement voucher.

(Hint) "Forgery" refers to the act of an unauthorized person pretending to be another person or making up another person's name "signature"; "Alteration" refers to the act of a person who has no right to change the contents of a bill and changes the matters recorded on the bill except the signature.

(3) Stamping

The signatures on bills and settlement vouchers are signature, seal or signature and seal. The signature of the unit or bank on the bill and the signature of the unit on the settlement voucher are the signature of the unit or bank plus the signature of its legal representative or its authorized agent. The signature of an individual on bills and settlement vouchers shall be his own signature.

(4) The date of issue of the draft must be in Chinese capital.

In order to prevent the date of issuance of bills from being altered, when filling in the month and day, if the month is "one", "two", "one", "nine", "one", "two" and "three", zero should be added in front; If a day is "eleven" to "nine", it should be preceded by "zero"; If it is the day from "1 1" to "19", the word "1" should be added before it.

(five) the amount of bills and settlement vouchers.

The amount of bills and settlement vouchers should be recorded in Chinese capital and Arabic numerals at the same time, and the two must be consistent. Inconsistent bills are invalid; Banks will not accept inconsistent settlement documents.