Home > Corporate Business > Transaction Banking > Supply Chain Financing > Bill Financing
Bank Acceptance Draft Discount
2021-11-25
Definition of product
Bank Acceptance Draft Discount is a kind of credit granting behavior, referring to that the bank promises to discount the commercial acceptance bill issued or held by enterprises meeting credit conditions of the bank within a certain amount and period, that is, to offer the premium line.
Scope of application
It is applicable to the financing of materials and equipment purchase funds, engineering funds, engineering reserve funds, project consulting fees, design fee, exploration fees, advertising fees, etc.
Characteristics
·Improve the acceptance of commercial acceptance bills and expand the purchasing capacity;
·Improve the circulation rate of commercial acceptance bill;
·Strengthen the autonomy and convenience of financing channels.
Handling conditions:
1. Legal persons of enterprises, institutions and other economic organizations have legal production and operation capacity;
2. Opening a settlement account in the bank;
3. Having real and legal trading background;
4. Good credit standing and stable operation.
To Top