Большинство людей, которые пользовались хотя бы once the services of banks, they know about the credit, deposit programs of the bank, the possibility of making various payments and the like. But in reality there are a lot more banking services provided by these financial institutions, for example, securities transactions, various guarantees. We will understand what the acceptance in the bank and how it is used in financial transactions, how the bank sets the rate.
Acceptance concept
First of all, let's start with the concept, having readwhich, it will be possible to advance further. Bank acceptance is a kind of document that is used in some international clearing transactions. It allows any company to use not only its business reputation, but also the bank's rating due to the fact that the bank undertakes to pay a certain amount to the acceptor.
Accordingly, if the bank is on everyone's lips,having the confidence of people and various organizations, its services in international operations are very useful for companies that do not have such fame. That is, it is profitable for companies to enter into transactions with external partners, and it is good for the bank because it earns on its reputation.
Акцепт в банке - это возможность покупателя faster to make a deal with partners. But in order to be able to use such a security, the buyer himself must meet certain requirements that are established by the bank.
Это могут быть не только запросы индивидуального nature, which the bank develops for its customers based on the experience of such operations, but also legally established requirements determined by state regulators.
Акцепт банка является своего рода кредитной a guarantee - the buyer as if borrows a certain amount from the bank together with the acceptance, pledging to repay it before the expiration of a certain date. He can buy anything for a specified amount using an acceptance. In this case, the bank undertakes to pay money on this paper to the bearer.
Preliminary and subsequent acceptance
Acceptance may be preliminary and subsequent.
Upon presentation of a preliminary acceptance to the payer, it is necessary to resolve the issue of non-resident bills within three days and within one day - on intracity accounts.
Payment request at the subsequent acceptancepaid immediately, but the payer has 3 days left to check the correctness of the transfer. If necessary, it is possible to refuse acceptance.
How does the bank determine the rate of its acceptance?
By calculating the rate of acceptance, bank,first of all, determines the value at which he can sell it on the free market. For example, on acceptances that are doubtful, a banking institution should establish a rate that will allow to compensate for possible losses.
That is, the bank must guarantee itself a certain amount of reservation in order not to damage its solvency and liquidity of assets.
Benefits of financial services
Due to the fact that it gives a serious financialan institution such as a bank, the fulfillment of obligations by parties to such relations is guaranteed. This gives confidence to all contracting parties, which is especially important for lenders.
In addition, the acceptance of the bank helps to concludetransactions at the international level, such operations are mainly carried out by banks that have international status. Moreover, everyone understands that the bank will simply not give anyone an acceptance, and will only do this if it is 100% sure that the buyer fulfills his obligations.
Для покупателя акцепт банка выгоден не меньше, than the rest of the relationship. First of all, thanks to the received bank guarantees, the scope of application of such a security for settlement transactions is quite wide. Secondly, given the time period during which the buyer will have to repay the debt, he may have time to buy goods, earn money by selling them, and then pay the money on his obligations to the bank. That is, literally, you can make money with the help of this security.
Other uses
In addition to the above methods of use, acceptanceBank can make a profit in another way. There are cases when a banking institution sells its own acceptances, forming them into independent assets. In this case, using a small discount, the bank manages to quickly find a buyer, since the latter will earn on the difference between the purchase amount and the nominal value of the acceptance.
This result is beneficial both for the bank, which was able to quickly realize the asset, and for the buyer, who has the opportunity to get additional profit.
