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1 of the most frequent means of short-term funding is actually the particular discount of bills of exchange. The actual Bank carries out discounting bills of exchange issued by its shoppers and / or by different banks, with a discount rate established with Decision by the Bank's management. At stipulating contracts on discounting bills of exchange, a bill is actually transferred to be able to the actual Bank. This particular instantly pays out that would Anyone the actual amount of the particular bill reduced by discounting bills. The particular bill of exchange is actually sent on collection at the maturity date. Advantages of bill discount competitive advantage, thanks in order to the particular possibility that would offer your individual trade partners more attractive types of payment, with longer terms improved financial liquidity not to mention economic ratios thanks that would earlier transfers of receivables replacement of the particular credit-based sales (commercial loan) with cash sales (discount) possibility that would obtain off-balance sheet financing limitation of the particular risk associated to be able to unreliability of debtors financing without recourse permits that would employ credit lines for different transactions elimination of the risk of debtor's insolvency of within case of discount without recourse maintenance of the particular existing company relations within a situation of transient problems with financial liquidity regarding commercial partners Bill discount is actually crafted for owners of checking and in addition savings account at Bank Millennium, with current and even perspective credit capacity, who accept payments from their partners with regard to the shape of bills. Bill discount means short-term financing from the Bank without more collateral except for the particular bill purchased by the particular Bank. The actual Bank purchases bills before their payment term at the actual price reflecting the particular discount interest. The Bank discounts bills from the bill presenter who is the particular creditor of the particular amount of a bill of exchange and in addition holds a checking and in addition savings account at Bank Millennium. The actual Bank has anyone "single-source" bill discount or simply bill discount under a discount credit following signing "Discount credit agreement". Discount agreement is granted in PLN with maturity up to 18 months, whereas the particular Bank accepts bills for discount within up to 12 months from signing the actual Agreement. It is imperative that the particular discount credit is actually renewable. Bill Discount credit offers a person security and effective financing of a present and also future liabilities, improved company's liquidity and also credibility, plus smaller lead-time between your purchase and even disbursement created by the actual Bank. Among the leading bill discount bank is found here 手形割引 金利