Can commercial acceptance bills be exchanged without bankruptcy?
Yes The acceptance of a commercial bill is accepted by a payer other than a bank. Acceptance bills can be exchanged or exchanged with each other. Acceptance bills cannot be directly converted into cash, but they can be endorsed and transferred between enterprises, that is, when buying things with money. If you want to get cash, you can only wait for the acceptance bill to expire, or apply to the bank for discount, and discount is to use the acceptance bill as collateral to borrow money. Loan interest is generally based on the benchmark bank interest rate within 6 months, and the specific interest rate depends on the actual situation.