Payment instruments intended for entrepreneurs and companies for cashless payment of the obligations of a debtor towards a creditor.
This is a payment and a credit instrument of a long-term nature defined in its essential particulars by law (Bill of Exchange and Cheques Act No. 191/50 Coll. - for is issued in the Czech Republic): At the request of the creditor we will:
Foreign bills of exchange are issued by a creditor/supplier upon agreement between the creditor and the debtor to be accepted by the debtor. Acceptance is handled by the debtor himself or he can use bank services. The customer/letter can have a promissory note issued to the credit of the supplier and send/give it to them.Bills of exchange issued in the Czech Republic must have all of the essential particulars set forth by the Bill of Exchange and Cheque Act no. 191/50 Coll. If the note is issued in countries that are signatories to the Geneva Convention, it should include similar particulars. When issuing a bill of exchange we can provide the client with expert consultation.