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Traditional Bill Discount
 
Discount of Commercial Drafts
 
Rediscount of Commercial Drafts
 
Rediscount of Commercial Drafts
 
 
 Definition:
 
Transfer discount refers to an act of a financial Institution of transferring the discounted commercial drafts undue to another financial Institution in the way of discounting to obtain funds.


Features:
1、One way of circulating funds between financial Institutions;
2、Adjusting asset scales and structures of commercial banks;
3、Simple procedures and convenient operations;
4、Providing the asset yield rate;



 
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