[Direct answer]In the Beijing area, the holder can use the note normally after making a supplementary endorsement. A blank endorsement, also known as an unnamed endorsement, refers to the situation where the endorser signs the note but fails to record the name of the endorsee. According to Articles 30 and 31 of the "People's Republic of China Bill of Exchange Law" and the "Interpretation of the Supreme People's Court on Several Issues Concerning the Trial of Bill Disputes", if the endorser fails to record the name of the endorsee and delivers the note to others, the holder may record his own name in the "endorsee" column of the note, which has the same legal effect as the endorser's record. Therefore, the holder of a blank endorsement note may either fill in his own name in the "endorsee" column to ensure the continuity of the endorsement and exercise the rights of the note; or continue to transfer it to others by means of a blank endorsement without making a supplementary endorsement. In practice, it should be noted that once a blank endorsement note is lost or illegally supplemented by others, it is easy to trigger ownership disputes and the risk of fraudulent collection. Therefore, it should be properly kept during the holding period and a standard supplementary endorsement should be completed before demanding payment.

I. Problem background and typical scenarios

During the transfer of bills, the issuer or endorser often only signs on the back of the bill without filling in the name of the endorsee to facilitate the transfer, resulting in a blank endorsement. The holder may not know whether such bills are valid, whether they can be directly presented for payment, or whether they need to be supplemented. If handled improperly, they may be refused payment or involved in ownership disputes. It is very necessary to understand the rules of blank endorsement.

II. Key points of contention

First, the legal effect of a blank endorsement. Second, the rules and effects of retroactively recording the name of the endorsee. Third, the re-transfer of a note with a blank endorsement. Fourth, the risks of loss and unauthorized retroactive recording. Fifth, key points for demanding payment and exercising recourse.

III. Professional analysis by Henglue Lawyers

Henglue Lawyer explained it from the perspectives of effectiveness and risks. Firstly, regarding the effectiveness determination: Blank endorsement is a legally recognized form of endorsement. The bill of exchange will not be invalidated because the name of the endorsee is not recorded. After the holder supplements his own name, the endorsement becomes continuous, and he can use this to prove and exercise his rights to the bill of exchange. Secondly, regarding the supplementary rules: The holder who obtains a blank-endorsed bill of exchange has the right to fill in his own name in the "endorsee" column. His recording has the same legal effect as that of the endorser himself. The supplementary recording should be true and standard, and he shall not fill in others' names or alter the original recording without authorization. Thirdly, regarding the re-transfer: The holder may transfer the bill of exchange with his own name after supplementary recording, or transfer it by delivery in a blank state. The transferee also enjoys the right to supplementary recording. However, the more transfer links there are, the greater the risk, and the transferee should verify each link. Fourthly, regarding risk prevention: After the loss of a blank-endorsed bill of exchange, the finder or others may supplementarily record and fraudulently claim the funds, leading to ownership disputes. Therefore, the holder of a blank-endorsed bill of exchange should keep it as a valuable security and, if necessary, record the source certificate and the transfer process. Fifthly, regarding the presentation for payment and recourse: The holder should complete the standard supplementary recording before presenting the bill for payment to ensure the continuity of endorsement. When the payment is refused, the holder should obtain the refusal certificate and exercise the right of recourse against the issuer, endorser and other prior parties within the statutory time limit. When handling bill of exchange disputes in Beijing, the court reviews the authenticity of the supplementary recording and the integrity of the transfer chain more strictly.

IV. Practical suggestions and legal basis

Action suggestions: First, when accepting blank-endorsed bills, verify the identity of the previous holder and the transaction background, and keep the transfer certificate; Second, before requesting payment, fill in your name in the endorsee column in a standard manner; Third, keep the bills properly to prevent them from being lost or overwritten by others; Fourth, in the event of a dispute, submit the transaction contract, fund flow records, and transaction certificates to prove the acquisition method. For cases involving bills and commercial transactions, you can refer to the relevant provisions of the Commercial Code of the People's Republic of China.Business and contract disputes in enterprisesFor matters involving the recovery and enforcement of funds, you may refer to the following documents for reference:Creditor's rights and debts, and enforcementLegal basis: Article 30 and Article 31 of the "Bill Law of the People's Republic of China" (amended on August 28, 2004), and the relevant provisions of the "Regulations of the Supreme People's Court on Several Issues Concerning the Trial of Bill Disputes". The specific application shall be subject to the currently effective laws, regulations, and judicial rulings.

5. Henglu Law Firm's Reminder

Firstly, a blank endorsement is legal and valid, and the right to exercise it can be exercised after it is supplemented. Secondly, the holder has the right to supplement himself as the endorsee. Thirdly, a blank endorsed bill can continue to be transferred by delivery. Fourthly, there is a high risk of loss or unauthorized supplementation, so it is necessary to keep it properly. For matters involving bill handling, you can proceed through the following channels:Business and contract disputes in enterprisesThe service provides a comprehensive solution, which includes the recovery of funds and the execution of legal actionsCreditor's rights and debts, and enforcementFor plates involving financial bill business, you can refer to the following for reference\nFinancial capital and cross-border transactions involving foreign entities.For any questions regarding difficult situations, please feel free to consult us.Special servicesTeam.

VI. Frequently Asked Questions

Q1: Are bills with a blank endorsement valid?

It is valid. A blank endorsement is a legally recognized form of endorsement. The bill of exchange will not be invalidated just because the name of the endorsee is not recorded. After the holder fills in his own name, the endorsement will be continuous, and he can exercise the rights to the bill of exchange based on it.

Q2: The endorsee column is empty. Can I fill it out myself?

Yes. If the endorser fails to record the name of the endorsee when delivering the bill to others, the holder of the bill may record his/her own name in the endorsee column, which shall have the same legal effect as that recorded by the endorser. The supplementary record shall be true and standardized.

Q3: Can a blank-endorsed bill be transferred again?

Yes. The holder can either fill in their own name after the transfer and transfer it by endorsement, or keep it blank and transfer it by delivery. The transferee also enjoys the right to fill in the name. The more transfer links there are, the more necessary it is to verify each link to prevent risks.

Q4: What risks will arise if the ticket is lost?

The risk is relatively high. After the blank endorsed note is lost, others may illegally make supplementary endorsements and fraudulently withdraw funds, leading to ownership disputes. It should be regarded as a valuable security and kept properly. When necessary, record the source of the note and the transfer process. After the loss, promptly report the loss to stop payment and apply for a public notice of claim.

Q5: What should I pay attention to before making a payment?

Ensure that the endorsements are continuous. Before requesting payment, the endorsee should fill in their name in the endorsee column in a standardized manner to ensure the integrity of the endorsement chain. If the payment is rejected, the endorsee should obtain a proof of rejection and exercise the right of recourse against the issuer, endorsers, and other prior parties within the statutory time limit.

The above Q&A is mainly based on the judicial practice in Beijing. There may be differences in the adjudication opinions in different regions. It is recommended to consult a professional lawyer based on the specific circumstances of the case.

If you are currently facing similar problems, it is recommended that you consult a professional lawyer as soon as possible with the relevant evidence, to avoid missing the statutory time limit.Business and commercial legal services·Beijing Henglue Law Firm

Disclaimer: This article is compiled based on the current effective laws and regulations and public adjudication rules, and is for general reference only. It does not constitute a formal legal opinion on specific cases. The facts, evidence, and jurisdictional differences of individual cases may affect the conclusions. If you encounter disputes, please consult a practicing lawyer in time.