Methods and standards / Concept Glossary / Bills of exchange received in debt collection management from clients

Concept selected: Bills of exchange received in debt collection management from clients

Definition

Bills in which the financial entity acts as an intermediary, does not anticipate and wait for the expiry date of the bill of exchange, if the payment is made on the expiry date, it shall pay the amount, subtracting a commission for the services rendered. If the payment were not carried out, the bill would become unpaid.

Notes

- unpaid during the reference month: These correspond to the part of the 5.2. heading on Conditional bills and other values received as a payment commission, returned due to failure to pay during the reference month.

- expiry during the reference month:

Source

Unpaid Bills of Exchange. Methodology

Topic

Statistical operations

(enlaces al Inventario de Operaciones Estadísticas)

Concepts associated

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