20 10 bank draft coding rule: 1, bill number is adjusted to 16 digits, divided into two lines, the upper line is relatively fixed, and the next line is serial number. 2. The first three banking institution codes, the fourth reserved number, the fifth and sixth provincial codes, the seventh bill type and the eighth printed identification code. 3. The fourth reservation number is tentatively set as 0, and the seventh bill type, 1, is a cash check; 2 is a transfer check; 3. Check the sorter; 4 is a bank draft; 5 is a bank acceptance bill; 6 is a commercial acceptance bill; 7 non-sorter promissory notes; 8 is a sorting promissory note. 4. The first row is printed with special anti-counterfeiting ink; The second serial number is still printed with the existing permeable ink.
A bank draft is a bill that the remitter deposits the money in the local issuing bank, which issues it and unconditionally pays the holder or payee according to the actual settlement amount at sight. It is applicable to the commodity transaction of paying money first and then delivering goods or clearing money and goods. Bank drafts can be used for various payment and settlement of units and individuals. Bank drafts can be used for transfer. Shadow bank drafts marked "cash" can also be used to withdraw cash. Generally speaking, the payment term of a bank draft is within one month from the date of issue. If the payment is not made within the time limit for payment, the holder shall make an explanation within the time limit for bill rights, provide his identity card or unit certificate, and request payment from the issuing bank with the bank draft settlement notice.
A commercial bill is a bill issued by the drawer, which entrusts the payer to unconditionally pay a certain amount to the payee or holder on a specified date. The payment period of a commercial bill shall be agreed by both parties, but the longest period shall not exceed six months. The payment term of a commercial bill is within ten days from the maturity date of the bill. The holder of a qualified commercial acceptance bill may apply to the bank for discount with the unexpired commercial acceptance bill and discount certificate. According to different acceptors, commercial bills can be divided into commercial acceptance bills and bank acceptance bills.
When the bank acceptance bill expires, if the buyer fails to pay in full, the accepting bank will regard it as an overdue loan according to the acceptance agreement and charge a penalty interest. The payment can be recovered on schedule. The bank will transfer the money to your account.