Can the Finance Company of Hodo Group Co.,Ltd. Limited accept acceptance?

Hodo Group Co.,Ltd. Limited Finance Company can accept the acceptance. According to the relevant information, the acceptance draft drawn by Hodo Group Co.,Ltd. Limited Finance Limited is acceptable. Bank acceptance bill is a kind of commercial bill. It refers to a bill in which a depositor opens a deposit account in an accepting bank, applies to the opening bank and is accepted by the opening bank, and guarantees to unconditionally pay a certain amount to the payee or holder on a specified date. Bank acceptance bill is a deferred payment bill issued by the bank on behalf of the drawee, and the bank has the obligation to pay at sight at maturity. The longest term of a bill is six months, and it can be endorsed and transferred within the term of the bill. Because of the bank guarantee, the bank has certain requirements for the company that entrusts the issuing bank to accept the draft. Under normal circumstances, the enterprise will be required to deposit a deposit equivalent to the amount of the bill until the bill is due for payment. Some enterprises also deposit a deposit of tens of percent of the bill amount with the bank, but the bank must grant credit to the enterprise to handle bank acceptance bills and use the credit line within the credit line. Without a bank letter of credit, the issuing bank is not qualified to accept the draft.