bank acceptance

Related to bank acceptance: commercial paper, Trust receipt

bank acceptance

bank acceptance

n
(Banking & Finance) a bill of exchange or draft drawn on and endorsed by a bank. Also called: banker's acceptance
References in periodicals archive ?
The bills involved in this transaction are paper bank acceptance of RMB 1 million, accepted and discounted by ICBC Shanghai Waitan Sub-Branch through the Exchange's system, and resold by ICBC Bill Dealing Center as the transfer discount seller to Agricultural Bank of China.
ei Seamless financing from pre-shipment stage to Bank Acceptance stage
Market competition has prompted the banks to find loopholes to make loans and attract deposits via unconventional channels, such as shadow banking or circumventive financing activities, including wealth management products, trust loans, entrusted loans, bank acceptance bills, and micro (or private) loans.
Social financing covers trust loans, bank acceptance bills, corporate bonds and equity financing.
In a footnote, the report observes: 'Thus, the proposed regulations do not discourage bank acceptance of the 'Matricula consular' identity card that is being issued by the.
Features of the program include: loan decision tree - analysis of seven different types of funding; report writer - generation of written loan proposals and detailed financial schedules in 60 seconds; financial expert system - automatic accounting of new loans and focus on loan package; menu driven with on-line help and graphics; bank acceptance - bankers' version being created so that users of Loan Express can submit their loan proposal to banks on disk to speed up the loan approval process; projections - allows for monthly (12 month) and annual (10 years) projections - account forecasts, balance sheet projections, loan amortization and projected financial statements.
First, ICBC has expanded the free business scope for small and micro enterprises and exempted fees, including small and micro enterprise loan commitment fee, legal person account overdraft commitment fee, commitment credit line fee, revolving loan commitment fee, bank acceptance bill commitment fee, commission charge of issuing letter of intent for loan, commission charge of issuing letter of commitment for loan, commission charge of issuing letter of guarantee of various kinds, fund management fee, perennial financial consultant fee, and high-end financial consultant fee.
Warburg, "The Discount System in Europe," prepared for the National Monetary Commission in 1910, and "Circulating Credits and Bank Acceptances," address, Nov.
LIABILITIES AND STOCKHOLDERS' EQUITY Domestic deposits: Noninterest bearing deposits $2,001,091 $2,055,129 Interest bearing deposits 4,816,104 4,859,031 Interest bearing deposits in foreign banking office 104,878 129,022 Total deposits 6,922,073 7,043,182 Federal funds purchased and securities sold under repurchase agreements 459,376 515,525 Other borrowed funds, short-term 418,221 908,644 Bank acceptances outstanding 8,700 14,144 Accrued taxes and other liabilities 267,895 286,416 Long-term debt 554,715 514,687 Total Liabilities 8,630,980 9,282,798