At present, there is no crime of illegally reselling bank acceptance bills in China. If it constitutes a crime, it shall be punished according to the crime of illegal business operation.
Bank acceptance bill is a kind of long-term payment bill issued by the bank on behalf of the payer, and the bank has the obligation to pay it at maturity; A commercial acceptance bill is a long-term payment bill issued by the payer. Because there is no bank guarantee, the credit is lower than the bank acceptance bill. The maximum term of the two bills is six months, and the bills can be endorsed and transferred within the term. We usually encounter bank acceptance bills.
The crime of illegal business operation refers to illegal business operation, which involves operating franchised, monopolized or other restricted goods without permission, buying and selling import and export licenses, import and export certificates of origin, business licenses or other approval documents stipulated by laws and administrative regulations, engaging in other illegal business activities, disrupting market order and having serious circumstances. Subjectively, this crime is intentionally constituted and has the purpose of seeking illegal interests, which are the two main contents of this crime. If the actor buys and sells the business license because he doesn't understand the laws and regulations, he should not be punished as this crime, and the competent department should investigate his administrative responsibility.
Article 225 of the Criminal Law of People's Republic of China (PRC), in violation of state regulations, commits one of the following illegal business operations, disrupting market order, and if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times for illegal gains or confiscation of property:
(three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business;