Discounting of bank acceptance is a credit granting service whereby the bill holder transfers the undue banker's acceptance bill endorsement to our bank, and our bank will pay the holder the balance after deducting the discount interest at the discount rate.

Target clients:
The applicant should be enterprises, institutional legal entities or other economic organizations, which are registered after verification and ratification of the Administration for Industry and Commerce(or administrative authorities), and pass the annual check of relevant government departments.

Product features：
1. Convenient services: our bank has about 700 branches and sub-branches which can take charge of the business.
2. Supporting business credit development, providing short-term financial support for business operating activities

Application conditions：
1.  The applicant should open a settlement account in our bank; good credit history
2.  The applicant should supply the original copy of the Banker's acceptance bill and other required documents
3.  Banker’s acceptance bill should be under real trade business, and comply with the “Law of the People's Republic of China on Negotiable Instruments ", which requiring integrity and no defective.

Helpful tips：
The discount period covers the period from the date of discount to the bill maturity date, and should not be longer than six months.