The settlement between companies is divided into the same city or different places. Settlement in the same city can be made by cash, transfer cheque, entrusted collection and payment authorization. Settlement in different places: remittance (remittance, telegraphic transfer), collection and acceptance, entrusted collection, draft (bank draft, commercial draft) and promissory note.
The settlement between international enterprises includes L/C, T/T, D/A and D/P..
These settlement methods are stipulated in Bill Law and the payment and settlement methods.
Extended information: According to the Bill Law and payment settlement method, the main bank settlement methods adopted by enterprises are: check, bank draft, commercial draft, cashier's check, remittance, entrusted collection, collection and acceptance, credit card and letter of credit.
1. Bank draft: A bill issued by an organization or individual to settle or withdraw cash when purchasing goods in different places. The enterprise fills in the "Power of Attorney for Bank Draft" to the bank, and deposits the money into the bank. ?
2. Cashier's note: a note issued by a bank that promises to pay a certain amount to the payee or holder unconditionally at sight. The enterprise submits a cashier's check application to the bank and deposits the money in the bank.
3. Commercial bill: a bill issued by the drawer, which entrusts the payer to unconditionally pay a certain amount to the payee or holder on a specified date. A legal person who opens a deposit account in a bank or other organization must have a true trading relationship or a creditor-debtor relationship before using a commercial bill. The maximum payment period is no more than 6 months, and it can be transferred by endorsement. You can also discount to the bank. (Commercial acceptance bill and bank acceptance bill) Bank acceptance bill is the maturity date of the bill. If the balance of the payment enterprise is insufficient, the bank will pay unconditionally, but will charge a penalty interest at the interest rate of five ten thousandths per day.
4. Collection and acceptance: after delivery, the payee entrusts the bank to collect money from the payer in different places. It must be commodity trading and the resulting labor supply currency. Consignment, consignment, credit sale, etc. Do not handle it. ?
5. Entrusted collection: it is the settlement method that the payee entrusts the bank to collect money from the payer.
Reference: Payment Method-Baidu Encyclopedia