The discount of acceptance bill is a financing behavior that the applicant transfers the unexpired acceptance bill to the bank due to the need of funds, and the bank pays the balance to the holder after deducting the discount interest according to the par value.

Should have the conditions

1, an enterprise legal person or other economic organization that is legally registered and effective, and engages in business activities according to law;

2. It has a real and legal commodity trading relationship with the drawer or the previous hand and provides relevant certification materials;

3. Open a settlement account in a bank;

4. The drawer of a non-bank acceptance bill;

5. Other conditions that meet the requirements of the bank.

Extended data:

Advantages of bills

1, For the seller, providing forward payment to existing or new customers can increase sales and improve market competitiveness.

2. For the buyer, using forward payment to buy more goods with limited capital can minimize the occupation and demand for working capital, which is conducive to expanding the production scale.

3. Compared with loan financing, it can obviously reduce financial expenses. It is suitable for companies that accept bank bills, and it is suitable for all kinds of state-owned enterprises, private enterprises, medical and health institutions, schools and other units with real trade background and deferred payment needs.

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