Bill of exchange is one of the most common bill types. Article 19 of China's Bill Law stipulates: "A bill is a bill issued by the drawer, and the payer is entrusted to unconditionally pay a certain amount to the payee or holder at sight or on a specified date." Bill of exchange is the most widely used credit tool in international settlement. It is a kind of consignment securities, and there are at least three people in the basic legal relationship: the drawer, the payer and the payee.
20 17 12 1, the English Translation and Writing Standard for Public Services was formally implemented, and the standard English for bills of exchange was bills of exchange.