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Manage cash flow operations
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  • Cash flow management
  • Overdraft protection
  • Payment processing
Meet your day-to-day financial needs
  • Operating line of credit
  • Business line
  • Bridge loan
  • Equipment financing
Fuel your growth
  • Term loan
  • Revolving term credit
  • Acquisition financing
International business
  • Import-export
  • Cross-border banking
  • Representative offices abroad
Foreign currency management
  • Foreign exchange risk hedging
  • Foreign currency accounts
  • Foreign exchange rates
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  • Telemedicine service
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  5. What is a banker's acceptance?

What is a banker's acceptance?


A banker's acceptance is a bearer note issued by a business and guaranteed by a bank. It requires a minimum investment of $100,000. 

 

The banker's acceptance has the following advantages: 

  • Its yield is higher than Treasury bills 
  • It has multiple maturities 
  • Its liquidity is supported by a large secondary market 

 

Learn more about bankers' acceptances.


Related questions

What is a banker's acceptance?

Learn more about a banker’s acceptance and the numerous benefits for your business with in-depth articles and FAQs from our Business Help centre.

How can my business finance the purchase of assets?

Find the right financing solution for your business projects and learn about the pros and cons of each option with our Business Help centre.

How do I finance the purchase of a business?

Discover the different sources of financing available to help you acquire a business with resources from our Business Help centre.

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Useful links
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  • Make an appointment
About us
  • Governance
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  • Investors
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  • Interest rates
Contact informations
  • Contact us
  • Complaint settlement
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  • Find your branch
Careers
  • Life at National Bank
  • All jobs
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  • Terms of use
  • Accessibility
  • Accessibility progress report
  • Privacy and security
The NATIONAL BANK logo

© NATIONAL BANK OF CANADA. All rights reserved 2026.​

The NATIONAL BANK logo and BUILD SOMETHING. are trademarks of National Bank of Canada.