This is a bill payable on demand.
这是张见票即付的汇票。
A bill payable to order is negotiated by the indorsement of the holder completed by delivery.
按照记名人指示付款之汇票,凭执票人背书后交付而构成流通转让。
Subject to the provisions of this Ordinance, when a bill payable after sight is negotiated, the holder must either present it for acceptance or negotiate it within a reasonable time.
除本条例另有规定外,凡见票后付款之汇票流通转让,执票人应在合理期间内作承兑提示或作流通转让。
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