Reversal change

Definition of reversal change

the financing With the help of reverse bills of exchange, which is also often referred to as the check-bill of exchange exchange procedure, is a method of short-term debt financing that is frequently used in retail.


The buyer of goods pays with a check using a discount - but he can also pay in cash - and at the same time allows the supplier to draw a bill of exchange, which he accepts. He usually submits the bill of exchange to his bank at a discount to refinance the check payment.

Advantage of the reverse change process

The advantage of the reverse bill of exchange procedure is that the buyer can use the discount deduction and an inexpensive one for financing Discount credit can take advantage of.

However, there is a risk associated with the supplier, as he is liable as a temporary exhibitor. As a rule, he will only use the check / bill of exchange exchange procedure if the buyer has the appropriate creditworthiness. In addition to this commercial bill, the reverse bill is also conceivable as a financial bill, e.g. B. if it is used solely to raise funds.

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