Operations on commercial paper

Operations on commercial paper
Discount in the forefront of the operations of the commercial banks on the leaves, and then the collection of commercial paper 

1 - discount commercial paper
Discount is usually on the bill and the bond is without check, as the check means and fulfillment, not credit means.
Known as the discount: commercial paper as an endorsement for which they were not resolved after the endorsement, citing property to the bank to pay the value of appearance 


2 - Collection of commercial paper
Often entrusted with commercial paper holder to a collection of banks to their account value