Is it safe for China Construction Finance Company to accept bills of exchange?
It's safer this way As a state-owned company, China Construction Finance Company is affiliated to China Construction Group Co., Ltd. ... with its high reputation and good operating conditions, the security of its acceptance bills has been guaranteed. China Construction Finance Company operates under the guidance of regulatory policies and accepts the supervision and management of relevant state departments. While supervision encourages financial companies to make better use of bills to serve group members, the bills issued by them belong to bank acceptance bills in nature, which has become a more acceptable means of payment in practice. The reason why the acceptance bill of China Construction Finance Company is safe is mainly because of its strong corporate background and strict regulatory policies.