Financial Sector (Collection of Data) (reporting standard) determination No. 34 of 2008 - ARS 320.4 - Bill Acceptances and Endorsements
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A bill of exchange is an unconditional order drawn (issued) by one party, sent to another party (usually a bank) for acceptance and made out to, or to the order of, a third party, or to bearer. It is a negotiable instrument with an original term to maturity of 180 days or less.
Accepted bills of exchange have been signed by a bank as the drawee which "accepts" liability to pay out the funds on the due date.
Endorsement of a bill of exchange creates a contingent liability by the endorser to pay out the funds conditional on the bearer/holder demanding payment.