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In order to strengthen supervision, after the bank promoted the electronic version of bank acceptance bills to resign, the relevant data showed that the total number of Chinese banks' application for bank acceptance bills has exceeded one trillion yuan. This shocking figure undoubtedly shows that in the field of corporate capital circulation in China, the proportion of using cash is becoming less and less, while the proportion of using bank acceptance bills is getting higher and higher.

Bank Acceptance Draft Services

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In order to strengthen supervision, after the bank promoted the electronic version of bank acceptance bills to resign, the relevant data showed that the total number of Chinese banks' application for bank acceptance bills has exceeded one trillion yuan. This shocking figure undoubtedly shows that in the field of corporate capital circulation in China, the proportion of using cash is becoming less and less, while the proportion of using bank acceptance bills is getting higher and higher.

1. Discounted bank acceptance bills ^[1]

For businesses, the increase in bills of exchange is naturally a good thing, which means that the increase in sales performance and payment methods of enterprises is more flexible, but for banks, the increase in bills of exchange is not necessarily a good thing. Because the amount of a bank acceptance bill may now reach 100 million yuan. In case something goes wrong here, or if it is a fake ticket, it will face a risk of hundreds of millions of dollars in funding. And in real life, there are often frequent reports of banks receiving fake bank acceptance bills.

In fact, this phenomenon mainly occurs because the traditional process of handling bank acceptance bills in China is carried out using paper bills. Since it is paper, it is inevitable that there will be fraud. Therefore, the best way to completely reduce the risk of banks is to introduce high-tech means. In recent years, with the popularization of high-tech technology, a lot of information has been connected across the country, and these network platforms often connect with banks. Therefore, the best way to achieve risk-free payment is to open an electronic version of the bank. Acceptance bill. Sure enough, the Industrial and Commercial Bank of China has recently improved its computer system, introduced the nation's latest electronic version of acceptance bills, and also issued the first domestic electronic bills for an enterprise in a province in central China.