The main investors in bank acceptances are money market mutual funds and municipal entities. Its characteristics are: good credit, strong acceptance, high flexibility, effectively saving capital costs. Financing a commercial transaction with a bank acceptance is called acceptance financing. 2. Commercial acceptance bills (hereinafter referred to as "commercial bills") Commercial acceptance bill discounting refers to a credit business in which the bearer transfers
the unexpired commercial acceptance bill to the bank, and the bank pays the balance of the bill to the bearer after deducting the discount interest at the discount rate. In the case of temporary shortage sms marketing service of funds, the holder of the commercial draft can apply for a discount to the bank with the accepted commercial draft to obtain the payment in advance. 3. Commercial bill acceptance risk The bank can refuse to pay if the commercial bill expires and the billing company fails to honor it. The bearer can only ask the payer to accept it. If the payer refuses to accept and the bill is still within the acceptance period, your company shall recourse to the previous party of the
bill of exchange based on the proof of refusal to accept, payment, etc. issued by the bank; Acceptance, the bank generally will not refuse to pay. If an enterprise holding a commercial paper has capital needs, it will seek a commercial paper guarantee from the bank.