With commercial acceptance draft discount guaranty service, the China Merchants Bank promise to honor discount requests for commercial draft accepted by designated acceptors, or for commercial acceptance draft born by designate bearers. This is actually a credit extension service that offers a certain amount of draft discount guaranty quota to an acceptor or a bearer.

Types of Services
·Draft Discount Guaranty service for acceptors
·Draft Discount Guaranty service for bearers

Service Features
1. Stronger liquidity and negotiability for commercial bills;
2. Lower cost for establishment of banker' s acceptance drafts, less cost for
    an acceptor;
3. Quicker availability of financing and higher efficiency of fund use for a bearer.