Do you still have paper acceptance bills?

According to the latest notice issued by the state, 202 1 will no longer issue paper acceptance bills, and all will be changed to electronic acceptance bills. So there is no paper acceptance bill now.

Electronic acceptance bill is a subclass of electronic commercial bill.

By adopting electronic signature and reliable security authentication mechanism, electronic bank acceptance bills can ensure their uniqueness, integrity and security, and reduce the risk of bills being cloned, altered, forged, lost and damaged. The issuance, guarantee, acceptance, delivery, endorsement, pledge, discount, rediscount and other bill behaviors of electronic bank acceptance bills are carried out on the electronic commercial bill system, which can greatly improve the efficiency of bill circulation, reduce manpower and financial costs, and effectively improve financial and commercial efficiency.

Commercial bills are long-term bills, which have both payment and financing functions. As the main means of payment in China's commodity trade, commercial bills are widely used in China because of their unlimited amount, long term (up to 6 months), simple financing and the existence of banks or large enterprises as payment guarantees. However, in daily transactions, because the traditional commercial bills are paper-based, there are some problems, such as poor security in storage and carrying, strict requirements for endorsement and transfer, and inconvenient circulation transactions, which hinder the further promotion of commercial bills to some extent and are not conducive to the formation of a unified national bill market. In addition, there are risks such as paper commercial bills being cloned and altered. In order to solve the problems existing in bill business and bill market, the People's Bank of China decided to build an electronic bill business system after full demonstration and combining the experience of China Merchants Bank, Minsheng Bank and Industrial and Commercial Bank of China in developing electronic bill business, which fundamentally solved the characteristics of poor relative transaction efficiency and asymmetric information in the market. On June 28th, 2009, 10, China Electronic Commercial Bill System (ECDS) was officially launched, thus creating a new era of electronic commercial bills in China.

The so-called electronic commercial bill is made by the drawer in the form of data message, and the payer is entrusted to unconditionally pay a certain amount of bill to the payee or holder on a specified date. Compared with paper commercial bills, it has the outstanding characteristics of issuing and circulating in the form of data messages, and replacing entity signatures with electronic signatures, which plays a very important role in putting an end to cases of forging or altering bills, reducing enterprise settlement costs, improving settlement efficiency and controlling financing risks.

The advantages of electronic commercial bills are greatly improved security, prolonged term, greatly reduced transmission and storage costs, greatly improved bill payment and settlement efficiency, and greatly reduced financing operation costs.