Is there any risk in commercial acceptance bills?

Yes The risk of commercial acceptance bills is entirely based on commercial credit, and there is no need to deposit funds in the bank. Because the issuance of commercial acceptance bills does not need strict examination and supervision, and it is only based on corporate credit, there are great risks, so enterprises should pay special attention to the risk prevention of commercial acceptance bills. What is the risk of commercial acceptance bills? The risk of commercial acceptance bills is entirely based on commercial credit, and there is no need to deposit funds with banks.

Because the issuance of commercial acceptance bills does not need strict examination and supervision, and it is only based on corporate credit, there is great risk. Enterprises should pay special attention to the risk prevention of commercial acceptance bills: as far as possible, only accept commercial acceptance bills of large enterprises with good commercial credit, or accept commercial acceptance bills of affiliated enterprises, and do not accept commercial acceptance bills of customers with insecure commercial credit; The acceptance period of commercial acceptance bills should not be too long, because the business risks of enterprises always exist in the market economy environment, and the future commercial credit of customers can not be predicted; Asking customers to draw commercial acceptance bills payable at sight; For endorsed commercial acceptance bills, you can first present the bill payer for payment and obtain the corresponding money, and then deliver the goods to the customer (drawer or endorser in the bill law); The long-term commercial acceptance bills issued by customers can be discounted to commercial banks engaged in related businesses before delivery, provided that the right of recourse is waived; Commercial acceptance bills that require customers to issue a bank guarantee can be discounted to the bank that issued the guarantee after delivery.

The risks of commercial acceptance bills are as follows:

1. Commercial bills are at risk of not being accepted at maturity;

2. Commercial tickets shall not be discounted;

3. There is recourse risk after the discount of commercial bills expires.

Legal basis:

People's Republic of China (PRC) negotiable instrument law

Article 33 Endorsement shall not be conditional. Where conditions are attached to the endorsement, the attached conditions are not valid for the bill. An endorsement to transfer part of the amount of a bill of exchange or an endorsement to transfer the amount of a bill of exchange to two or more persons respectively is invalid. Article 37 After an endorser negotiates a bill of exchange, he shall be responsible for ensuring the acceptance and payment of the bill held by his successor. When a bill of exchange is refused to be accepted or paid, the endorser shall pay off the amount and expenses stipulated in Articles 70 and 71 of this Law to the holder.