Loan classification

Bank acceptance

Bank acceptance

  product
defined bank acceptance bills are issued by the drawer, bankers ' acceptances, commit to maturity to the payee or holder an unconditional Bill of par value of the notes.
features and characteristics of
the use of bank credit as a customer the business activities to provide reliable, convenient payment settlement tool.
/> scope applies to corporate units exchange of goods or services, as well as other organizations, producing normal amounts of payment and settlement.
currency/> currency and RMB. The longest period of not more than six months.
/> price at the time of issuance of bank acceptance bills, one to charge the drawer par five out of 10,000 processing fee.

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