Bank acceptance bill
Bank acceptance bill is divided into two types, one is paper draft, the other is electronic bill. In general, the longest validity period of paper bill is 6 months, and that of electronic bill is 12 months. It can be used flexibly and can be transferred to others by endorsement. The same commercial acceptance bill is similar to bank acceptance bill, but the acceptor is different.
Like the acceptance bill, there are two kinds of promissory notes: non fixed and fixed. Irregular promissory note refers to that the amount column on the bill is blank, which shall be filled in according to the actual situation and requirements when it is issued, but it shall not be less than 100 yuan. However, there are four kinds of fixed promissory notes: 1000 yuan, 5000 yuan, 10000 yuan and 50000 yuan. Many enterprises and individuals in the same clearing area will settle accounts by promissory note. However, it should be noted that the payment term of bank promissory note is no more than 2 months from the date of issue.
There are three common types of checks: cash cheques that can be used to withdraw cash, transfer cheques that can be used for transfer, and ordinary checks with both cash withdrawal and transfer functions. Generally speaking, the time limit of presentment for payment of cheques is 10 days, and it is mostly used for intra city payment. Here more to say, when handling cheques, you must bring all the relevant seals of the whole enterprise in case of unexpected needs. When you buy a check, you can deduct the expenses directly from the enterprise account.
This settlement method should be different from bank acceptance bill. A bank draft is a bill that the remitter deposits the money in the bank first, and is signed and issued by the issuing bank, and then unconditionally pays the money to the payee or the holder according to the actual settlement amount at sight. It is applicable to the commodity transaction of receiving before delivery, and the commodity transaction of clearing both money and goods. Although both individuals and enterprises can use it, enterprises can not use it to withdraw cash.
Relatively speaking, the exchange settlement method is relatively simple. Remittance is a settlement method in which the remitter entrusts the bank to pay its money to the payee, which can be divided into letter transfer and telegraphic transfer. But different from other settlement methods, exchange settlement is more suitable for all kinds of settlement between different places.
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