How Big Is The Risk Of Bill Financing?

Since the beginning of this year, the banking industry's bills nest has happened in succession.

In early April, another 786 million yuan bill was issued by the Bank of Tianjin, which once again attracted the attention of industry and investors.

However, under the backdrop of a series of bank bills, there are still many products on the Internet financial platform, so is there any risk for investors?

Note money management, but also from what is the draft.

There are mainly two kinds of bills of exchange: one is the bank acceptance bill, the other is a long-term payment bill issued by the drawee bank, which has the obligation to pay at sight.

Because the bank acceptance bill is guaranteed by the bank's credit, the bank will cash it. The theoretical risk is very small.

The two is the commercial acceptance bill, which is a forward payment note issued by the payer. Because the bank's guarantee is not guaranteed, the commercial acceptance draft credit is lower than the bank acceptance bill.

These two kinds

They can be endorsed and pferred. As a result of paper bills, there will be operational risk in circulation.

The Internet bill financial products are borrowers who use bank acceptance bills or commercial acceptance bills as collateral to finance investors through the third party Internet financial platform. After the maturity of the bills, funds paid by banks or payment companies are used as repayment sources.

The popular understanding is that when an enterprise needs financing, it can use bank acceptance bills or commercial acceptance bills as collateral guarantees, release products on the Internet platform, and raise funds for investors. Its essence is a P2B (personal loan to enterprises) investment and financing platform.

Current Internet bills

Most of the negotiable instruments are mainly bank acceptances, and commercial acceptance bills are few.

"With the continuous decline of the income of fixed income investment products, the earnings of Internet bills and financial products are not very high, basically around 4%, and the financing of bills is also a short period closed product. Liquidity is relatively poor. In the same liquidity situation, bank financial products are more secure."

Yin Yanmin, a financial research center, said.

Zhou Zhihan, general manager of Kaixin loan, thinks that

Violations frequently occur, mainly in the custody of notes, belonging to internal management and operational risks.

"The bills that are currently in question are all paper bills. There are some congenital defects in paper silver tickets. First, paper silver tickets are used as physical bills, and there may be loopholes in the pfer process, resulting in some undesirable paction operators." two, there is no uniform registration record in the discount and pfer discounts of the silver market, information scattered in various trading entities, leaving opportunities for lawless elements. Three, paper silver tickets may be damaged, cloned and even counterfeit in the circulation process, resulting in difficulty in payment on schedule. "

Zhou Zhihan told reporters.

Most of the third party platforms that engage in Internet money management do not establish long-term fixed cooperative relations with a bank. Rather, the instruments they have on their hands have determined which bank they are dealing with.

If there is a corresponding bank ticket in the ticket they hold, it may affect the payment of the platform, that is, the risk.