To obtain credit and settlement operations with the help of the securities most widely bill and check.The bill is a security that is issued in accordance with the prescribed form and gives to the holder the right to demand from the person who is obligated to pay under the bill, the amount specified in the bill.The bill at the current money market can function of money as means of payment and treatment.This occurs most often in the form of credit.
Any promissory note transaction based on trust sellers of goods and services to consumers, since the purchase does not receive cash, and promise to pay a certain amount in due time.Despite the fact that the bill - a legal paperwork, no social guarantees, it does not have, and the proof of its payment the seller receives only the day of its cashing.Public guarantees are given on the notes, which produces the state and the subject of this bill - money instead of goods and services.
Feature bill would be incomplete without its forms.The most common types of bills: simple or solo and transfer or bank draft.A promissory note contains a promise to pay the holder an amount specified in the bill, note holder on the date specified in the security.The bill of exchange transaction has three subjects: it contains the promise of the drawer (drawer) drawee (payer) to pay the amounts specified in the security to a third party.The Issuer is offering to pay his debt to the debtor, that is, translates (traces) repayment of the debt to another person.That is why such an instrument is called a transfer.These kinds of bills are widely used in the commission of a variety of credit transactions.
By the nature of the transaction are the following types of bills: commercial, financial, friendly and bronze.Product or commercial paper - a security that is used when you make the purchase and sale of goods, ie, there is a sale of goods with deferred payment.Commercial bills, in turn, can be simple and transferable.
Financial promissory note used in the design of obtaining the loan of money.It can also be simple and transferable.To produce this kind of security can the Treasury, banks, businesses, governments, and individuals.Friendly bill does not imply any transaction.This security is used for payments for goods or services between the organization and the supplier.Friendly bill may also prescribe other single organization to later in the bank to get over it real money or to give as collateral.Bronze bill - is the absence of a deal, but he is also issued on a non-existent person.In such security is not the payer.
There are also types of bills of the issuer or drawer.This public and private bills.Government securities are issued, of course, the state and have the following subtypes: municipal and treasury.They are produced, respectively, local authorities and the Treasury.Private bills are bills and corporate individuals.Corporate producing firms or banks.Virtually all government bills are purely financial bills.Private bills are both simple and transferable.
Bills can also be divided according to maturity: securities on demand for the securities at a certain date of filing, in a certain date of preparation.
In addition, there are bills discounted and interest.The interest bearing notes included in the bill amount and the payee receives certain income in the form of a discount (the difference between the purchase price of the bill and the bill amount).The text of the bill indicates the percentage of interest that is charged on the bill amount at the time of presentation of the bill.
on the territory of the Russian Federation by the form of currency notes are divided into ruble and foreign currency.
