• Where-where to use it?
  Bank draft can be used for inter-city settlement or local settlement.
  
• Who-who may use it?
  Both corporate and individual customers may use this settlement instrument.
  
• How-how to use it?
  (1) Bank draft can be used for account transfer. Bank draft bearing the word "cash" can be also used to withdraw cash, provided both the applicant and the payee of the cash bank draft are individuals.
  (2) Once duly endorsed, a bank draft restricted to account transfer could be assigned. The assigned draft amount should be the actual settlement amount not exceeding the original drawing amount. Cash bank drafts, bank drafts without actual settlement amount or with actual settlement amount exceeding the drawing amount could not be endorsed and assigned.
  (3) Bank drafts should be presented for payment within one month after issuance.
  (4) When the draft holder presents the draft to the bank for payment, it should also provide the bank with the original draft and the advice proving that the applicant has already deposited the draft amount, otherwise the bank will refuse to make payment.
  (5) If the bank, to which the draft holder presents the draft for payment, is the account bank of the draft holder, the draft holder should sign in the blank of "signature of the draft holder at sight" on the back of the draft in the same signature it left with the bank previously.
  (6) If the individual draft holder does not maintain any account with the bank, it could choose any bank for draft presentation and payment. It should sign in the blank of "signature of the draft holder at sight" on the back of the draft, fill in related blanks with its ID card category, number and issuing institution, as well as show its ID card and submit the copy to the bank.
  (7) It the bank draft bearing the word "cash" or agency drawer is lost, the person who lost the bill could advise the drawer or the agency drawer to report loss and stop payment.
  (8) If the bank draft is lost, the person who lost the bill could ask the drawing bank for payment or refund with a certificate for right under draft issued by the court.
  (9) The draft amount, actual settlement amount, issuing date, payee name of the draft could not be amended. Draft with amendment of the above items is invalid.

Commercial draft refers to a bill issued by drawer who assigns the drawee to pay definite amount to the payee or the draft holder unconditionally at a specified date.
Commercial drafts could be divided into trader acceptance bill and banker acceptance bill.
Trader acceptance bill is accepted by drawee other than banks. It is a sort of bill issued by the drawer and accepted by the drawee, or issued and accepted by the drawee, or issued by the payee and accepted by the drawee.
Banker acceptance bill is issued by the drawer and accepted by its account bank.

• Who-who may use it?
  It should be used by legal entities and other organizations that maintain bank accounts to settle actual trade business or debts between them.
• Where-where to use it?
  It could be used for intra-city settlement and local settlement.
• How-how to use it?
  (1) The payment tenor of commercial drafts should not exceed 6 months.
  (2) The drawer of trader acceptance bill should be legal entities or other organization that maintains bank accounts. The banker acceptance bill should be issued by the depositor who maintains bank account(s) with the acceptance bank.
  (3) Commercial draft could be endorsed for assignment.
  (4) Commercial draft should be presented for payment within 10 days after the due date. If the payment date is decided after sight, the commercial draft shall be presented to the drawee for payment within 1 month after the issuance date.
  (5) If the commercial draft holder entrusts the bank for collection of the draft, it should write down the word "collection" in the endorsement field.
  (6) The commercial draft holder could ask the bank to discount the commercial draft when it is in need of fund.
  (7) It trade acceptance bill after acceptance is lost, the person who lost the bill could advise the acceptor and acceptor's bank to report loss and stop payment. If the bank acceptance bill after acceptance is lost, the person who lost the bill could advise the accepting bank to report loss and stop payment.
  (8) The drawing amount, issuance date, payee name of the commercial draft could not be amended, otherwise the commercial draft is invalid.

• Who-who may use it?
  Corporate and individuals could use check to make all kind of payment.
• Where-where to use it?
  It could be used within the same district of bills exchange.
• How-how to use it?
  (1) Cash check bearing the word "for cash" can be only used to withdraw cash. Transferring check bearing the word "for account transfer" is only available by account transfer. Checks without the word "for cash" or "for account transfer" are common checks and available by both cash withdrawal and account transfer. Checks with two parallel lines on the left corner can are cross checks and can be used only for account transfer.
  (2) The amount and payee of the check could be blank and filled by the drawer. The check could not be endorsed for assignment or presented for payment without the amount and payee.
  (3) Checks should be presented for payment within ten days after issuance.
  (4) If the check holder asks the bank to collect the check, it should sign and write down the word "collection" and endorsement date in the endorser field as well as write down the account name in the endorsee field.
  (5) Checks could be endorsed and assigned. However, the assignment of cash check is not allowed.
  (6) If a check with all necessary recording items is lost, the person who lost the check could advise the drawer's account bank to report loss and stop payment.
  (7) The amount, capital amount, issuing date, the name of the payee of the check could not be amended, otherwise the check becomes invalid.

• Who-who may use it?
  Both corporate and individuals could use bank promissory note to make all kinds of payment.
• Where-where to use it?
  Bank promissory note could be used within the same bills exchange area.
• How-how to use it?
  (1) Bank promissory note could be paid at sight and the fund is available at sight.
  (2) Bank promissory note could be used for account transfer. Bank promissory note bearing the word "cash" could also used to withdraw cash. The applicant and payee of cash bank promissory note should be individual.
  (3) Bank promissory note could be endorsed and assigned. Bank promissory note bearing the word "cash" could not be endorsed and assigned.
  (4) Bank promissory note should be presented for payment within 2 months after the issuing date.
  (5) When the bill holder present the bank promissory note to its account bank for payment, it should sign in the filed of bill holder on the back of the note in compliance with the signature it left with the bank previously.
  (6) If the individual bill holder present the note bearing the word "cash" to the drawing bank which it does not maintain account with, it should sign on the back of the note, write down its ID certificate name, number and the certificate issuing institutions, present the ID certificate for verification as well as submit the copy to the bank.
  (7) If the bank promissory note with the word "cash" is lost, the person who lost the note could advise the drawer or drawer's agent to report loss and stop payment.
  (8) If the bank promissory not is lost, the person who lost the note could ask the drawing bank for payment or refund with the certificate of bills right issued by the court.
  (9) The amount, issuing date and the payee of the bank promissory note could not be amended, otherwise the not will become invalid.