1, easy to use, simple and flexible program;
2. The time limit for presentment payment of a cheque is 10 day from the date of issue;
3. Cheques can be transferred by endorsement, but cheques used to withdraw cash cannot be transferred by endorsement.
The transfer cheque indicates that the payment period is 10 days, and the bank will not accept it if it exceeds the payment period; The term of the cheque transfer right is six months from the date of issuance. Within six months after the issuance of the bill of exchange, the payee may demand payment from the drawee on the basis of relevant supporting documents.
There are two main ways to cash a check:
1. The holder presents the cheque directly to the paying bank. After the holder gets the transfer check, he will show it to the drawee. Once the check is presented, the payer will pay the amount recorded in the check to the holder from the drawer's account of the presented check;
2. Entrust our correspondent bank to cash the transfer on our behalf. Entrust the customer's transfer cheque to the agent bank of our company for exchange and cash, and the bank will take the cheque to the clearing house for exchange and handle it between banks. At this time, when the balance of the drawer of the paying bank is insufficient, this check becomes a non-payment check and will be returned to a non-payment bill.
The longest payment period of a commercial bill shall not exceed 6 months. A commercial bill is 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. Commercial acceptance bills are accepted by drawees other than banks. Commercial acceptance bills are issued by the sales enterprises or purchasing enterprises agreed by both parties to the transaction, but accepted by the purchasing enterprises.
When receiving a cheque, I should bring my ID card, cheque and my seal in some banks (if collecting for others, I should also bring someone else's ID card and personal seal) to the foreign currency settlement cabinet of China Bank for collection procedures as soon as possible. You'd better find a provincial branch. Generally speaking, savings offices do not handle cheque collection business. Of course, ICBC and China Merchants Bank also handle this business now, and the fees charged are different. If you want to deposit some money, ask every bank. It is very simple to fill in the delegated collection document. As long as you fill in some simple personal information and leave your phone number, you must endorse the check, that is, you must sign the back of the check, which is consistent with the front payee. After these things are done, it is basically over.
Note: Generally, checks are valid for 90 days, for example, they are invalid after 90 days, that is, they are valid for 90 days. Different checks have different validity periods, and the attention time is counted from the time on the check (for example, date 1 1/28/00, from 2000 1638). Supplement: (cash) is valid for 10 working days, that is, Saturday and Sunday (or national holidays) will be postponed. The payee is the unit and must be completely consistent with the seal. Both sides must be stamped with financial seal and name seal. Pay attention to the head of RMB symbol for digital amount. Altered and illegible seals cannot be cashed. (Transfer) Entrusted collection must be endorsed, and the purpose can be omitted. Pay attention to the use of new checks; Both parties to this transfer must open an account in a bank; Need to fill out the bill.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
Article 82 of the People's Republic of China (PRC) Negotiable Instruments Law.
A cheque is a bill issued by the drawer, entrusted by a bank or other financial institution to handle the cheque deposit business, and unconditionally pays a certain amount to the payee or holder when seeing the bill.
Article 91 of the People's Republic of China (PRC) Negotiable Instruments Law.
If the time limit for payment is presented, the holder shall present the payment within ten days from the date of issue; For cheques used in different places, the time limit for presenting payment shall be stipulated separately by the People's Bank of China. If the time limit for presenting payment is exceeded, the payer may refuse to pay; If the drawee refuses to pay, the drawer shall still bear the bill liability to the holder.