Bank bill is the nature of deposit, and this is similar to the certificate

However, in contrast to the certificate of a bank note may be used by its owner as a means of payment for goods and services, and the new owner of a bill can pass it on to a third party by endorsement. To purchase a bank bill, the buyer must transfer money to bank account of the seller, and then issues a final bank bill on the buyer's name and indicate the date of transfer of money. Repayment of bank bills going through their redemption at the end of treatment or early redemption. In bank bills specify the profit margin as a percentage of face value, which gets the owner of the bill. This means that bills are sold at face value and are bought by the bank on the selling price. Non-deposit borrowings of the bank - it's a loan on the money market, attracted in the form of interbank loans and loans of the central bank (NBU), transactions in securities on the secondary market, and loans of Eurodollars market. These funds are essential to maintain current liquidity and therefore are widely used by commercial banks of Ukraine. One source of replenishment of the commercial bank is an interbank loan. Trade credit resources financially stable, commercial banks, which is always a surplus of resources. Category: Management Operations Commercial Bank