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The nature of complex eigenenergy enables unique band topology to the non-Hermitian (NH) lattice systems. Recently, there has been a fast growing interest in the elusive winding and braiding topologies of the NH single and double bands, respectively. Here, we explore the even more intricate NH multi-band topology and present the first experimental characterization of the three-band braid relations by acoustic systems. Based on a concise tight-binding model, we design a ternary cavity-tube structure equipped with a highly controllable unidirectional coupler, through which the acoustic NH Bloch bands are experimentally reproduced in a synthetic dimension. We identify the NH three-band braid relations from both the perspectives of eigenvalues and eigenstates, including a noncommutative braid relation and a swappable braid relation. Our results could promote the understanding of NH Bloch band topology and pave the way toward designing new devices for manipulating acoustic states.