How to cash off bill

A bill of exchange is a valuable paper confirming the benefit right to receive the amount indicated in it. How to cash it?

To cash the bill, you need to turn to the receiving agent. If the bill is transferable, then to the acceptance.

If the bill is decorated for a legal entity, the payer will need to make a power of attorney. You can download a power of attorney on our website:

Fill in the application to make a credentials and do not forget to issue an act of receiving a bill of exchange.

Blanks of documents can be downloaded from us:

With early repayment, the bill is transferred to the examination:

Terms should allow the bill holder to challenge the results.
When transferring bills to the examination, the owner receives a receipt in the hands, which indicates the period of issuing documents to make payment.
If you are afraid of the loss of the bill, remove the copy before the transmission and wrap it with notaries.

After confirming the authenticity of the bill, its payment is made:

The calculation of interest is carried out taking into account the number of calendar days of the year and the actual period of circulation of the bill.
After payment, the bill is extinguished by staging "paid".
In the event that the bill was transferred, the payer must notify the drawer in writing.