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What does the OTC acceptance fee mean?
Money received by a trading institution as an individual or enterprise accepting a bill of exchange. According to the relevant public information, the OTC acceptance fee refers to the fees charged by the accepting bank to issue acceptance bills to enterprises or individuals in the OTC market. Acceptance bill is a medium-and long-term credit tool. Enterprises or individuals can obtain certain financial support through the credit endorsement of the acceptance bank to pay for goods or services.