The credit certificate issued by the bank means that the bank accepts the customer's application, collects and organizes the customer's fund movement records and related information within the scope of the bank's records, and issues a credit certificate letter to the outside world. A kind of consulting and witnessing intermediary business that proves the credit status of customers. It is a qualification that needs to be issued when bidding.

It is also defined as: Credit certificate refers to various documents, certificates, etc. issued by banks or other financial institutions that are sufficient to prove the assets and credit status of others. No matter in what name or form they are issued, the core purpose of such certification documents is to prove that others own certain assets, claims, or the extent of their economic strength, etc.

Extended information:

1. Introduction to the credit certification function

The bank accepts customer applications and records the customer’s fund movements within the scope of the bank’s record information. A kind of consulting intermediary business that collects and organizes relevant information and proves the credit status of customers in the form of external credit certification letters. The bank's credit certification business for customers is divided into comprehensive credit certification and single/multiple certifications.

Comprehensive credit certificate refers to the certification document that the bank provides a more comprehensive description of the customer's record information in the bank and evaluates the credit status of the customer.

Single/multiple certificates refer to the bank’s supporting documents for each individual item of information and transactions recorded by the customer at the bank, and generally do not include the bank’s evaluation of the customer. Single/multiple certificates mainly include certificates of deposit balance, credit limit, mortgage and pledge, account opening certificate, etc.

2. Credit certificate application process: Enterprises, institutions, legal entities and other economic organizations that have normal bank accounts and no bad credit records can apply to the bank and fill in the credit certificate business application form and Submit relevant documentation.

3. Characteristics of the credit certification business: The credit certification business is mainly used for customers to introduce themselves in business transactions, issue certificates to partnerships and cooperative units, apply for business licenses and other commercial and non-commercial purposes.

Baidu Encyclopedia-Certificate of Credit