Banker's Acceptance Bill discount means that your company asks our bank to cash the Banker's Acceptance Bill at a certain discount rate before maturity for funding purpose. Upon maturity our bank will present the draft to the acceptor for payment. In case the acceptor does not encash the draft, we will retain our right to recourse the discount applicant.

Advantages:
1.Discount of Banker's Acceptance bill is a kind of finance based on the credit of the bank. This kind of finance could be easily acquired by the client and is more flexible and convenient than other method of finance.
2.Discount rate of Banker's Acceptance bill is determined by the market. Therefore Banker's Acceptance bill discount has the advantage of low funding costs and helps your company to reduce your financial cost.