Except for commercial banks, no one may engage in bill discount activities. If the holders of premature bank acceptance bills need funds, they can apply to commercial banks for discount, and the discount rate is much lower than that of private transactions.
1. What is a bill intermediary?
Bill intermediary refers to the bill intermediary whose main lifestyle is to operate the bill business in the bill market. According to the stage of bill, it can be divided into acceptance bill intermediary, direct bill intermediary and transfer bill intermediary. Information matching is the main service content of bill intermediary. As bills enter the era of electronic bills from the era of paper bills, bill intermediaries are also facing an upgrade, and the service content has changed from a single matching service to an integrated comprehensive service such as consulting, data, training, software and brokerage.
Second, the role of formal bill intermediaries in the market.
The development of China's bill market needs formal, professional and standardized bill intermediary companies, and the bill intermediary business has its rationality and necessity.
1 Conducive to serving entity enterprises. Entity enterprises are the ultimate customers and demanders of the bill market. Bill intermediary can help entities to achieve financing needs with the most efficient speed, the most satisfactory price and the safest mode.
Second, it is conducive to serving small and medium-sized financial institutions. Small and medium-sized financial institutions, especially small and medium-sized banks, are the most potential groups to actively develop the bill market. Small and medium-sized banks are mostly county banks with legal persons, lacking professional talents and information. Bill intermediaries can provide them with multi-scenario services in the process of bill trading, such as brokerage, data, training, software and so on.
3 is conducive to the early warning of bill trading risks. Qualified ticket sellers can assist relevant institutions in screening ticket sources, preliminarily judge and reveal risks, and use various tools to prevent risks.
Fourth, it is conducive to optimizing the circulation of bills. Bills are non-standard assets, and the transaction flow efficiency is not as good as interest rate bonds and interbank deposit certificates. By using channel advantages, professional knowledge and rich experience, bill intermediaries can accelerate the information matching of market participants and promote the conclusion of transactions.
5. It is conducive to the prosperity, innovation and development of the bill market. Ticket brokers is proficient in bill business knowledge and circulation operation, and can help all parties involved to complete complicated procedures and processes quickly. Through constant standardization and innovation, he can improve efficiency, reduce costs, increase the trading willingness of all parties involved, and promote the prosperity and development of the market.
Legal basis: measures to ban illegal financial institutions and illegal financial business activities
Article 3 The term "illegal financial institution" as mentioned in these Measures refers to an institution established without the approval of the People's Bank of China and engaged in or mainly engaged in financial business activities such as deposit taking, loan granting, settlement, bill discount, fund borrowing, trust and investment, financial leasing, financing guarantee, foreign exchange trading, etc.
The preparatory organizations of illegal financial institutions are regarded as illegal financial institutions.
Article 4 The term "illegal financial business activities" as mentioned in these Measures refers to the following activities without the approval of the People's Bank of China:
(1) illegally absorbing public deposits or absorbing public deposits in disguised form;
(2) illegally raising funds from unspecified objects in any name without legal approval;
(three) illegal loans, settlement, bill discount, capital lending, trust and investment, financial leasing, financing guarantee, foreign exchange trading;
(4) Other illegal financial business activities identified by the People's Bank of China.
The illegal absorption of public deposits mentioned in the preceding paragraph refers to the activities of absorbing funds from unspecified social objects without the approval of the People's Bank of China, issuing certificates and promising to repay the principal and interest within a certain period of time; The term "absorbing public deposits in disguised form" as mentioned in these Measures refers to the activities of absorbing funds from unspecified social objects without the approval of the People's Bank of China, but with the same nature as absorbing public deposits.