7. Commercial paper discounting The so-called commercial paper discount means that the demander of funds will ask the bank or discount company (financing company) to turn the unexpired commercial paper into cash, and the bank or discount company will receive these unexpired bills receivable, After deducting the interest after the discount date from the face value,
pay cash to the bill discounting enterprise. It is a financial asset transaction and should belong to the bank's asset business. In other words, the commercial bill guarantee means that the commercial bill has sms marketing service been confirmed, and its liquidity is large, and it is guaranteed to be discounted; while the general commercial bill cannot be guaranteed to be discounted, so its liquidity is relatively small. The commercial bill guarantee requires the bank to provide the guarantee service, and basically requires the drawer or the holder to provide the guarantee. However, a pair
of corporate account managers of Bohai Bank told reporters: "There is little difference between guarantees and no guarantees. Many times, it is to seek peace of mind in a form. Many guarantees are basically guarantees within a company's system, and the parent company