Commercial acceptance bills can be accepted by banks on the maturity date. Commercial acceptance bill is a kind of credit bill with a certain payment term. Usually, the payment term of a commercial bill is extended by 10 days from the maturity date.

The collection will be sent before the due date and cashed on the due date.

Commercial acceptance bill is a kind of credit bill with a certain payment term. The drawee will not pay before the bill expires. Payment must be presented to the payer after the due date.

The time limit for presentment payment of commercial bills is 10 days from the due date.

For example, if the maturity date is 1 1.9, the bill presents a payment term of 1 1.9. During this period, the holder must present the draft to the drawee and demand payment. As early as 1 1.9, the payer stopped paying.

What are the procedures for discounting commercial bills? 1, copy and original of business license of enterprise as a legal person, and copy of enterprise code certificate (provided when handling business for the first time);

2. Original ID card of the agent and copies of ID cards of the agent and legal representative;

3. Power of attorney and discount application for the agent's authorization to bid;

4. Loan card (original or photocopy), password and proof of transfer account;

5. Commercial bills and their front and back copies;

6. Original and photocopy of the transaction contract;

7. Original and photocopy of relevant tax invoices;

8. The audited balance sheet and profit and loss statement of the previous year and the spot balance sheet and profit and loss statement;

9. Other materials required by the bill business department.