Business operation:

1. Acceptable pledge varieties: only registered brands of copper, aluminum, lead and zinc listed and traded on Shanghai Futures Exchange.

2. Basic conditions of materials:

(1) The customer has complete, legal and effective ownership of the pledged property, and there is no defect in the legal ownership;

(two) before the pledge, the pledge registration was not handled in the relevant registration department;

(3) The standard warehouse receipt to be pledged is not registered and pledged in the standard warehouse receipt management system;

(4) Pledged varieties refer to the varieties specified in the Measures for the Administration of Financing Business of Ronghuoda and Standard Warehouse Receipt Pledge.

3. Visit requirements:

(1) It has been approved and registered by the administrative department for industry and commerce, and has a legal person business license that has passed the annual inspection or other valid documents that can prove its business legitimacy and business scope, a valid loan card that has passed the annual inspection, and an account opening permit;

(2) The business life of the pledged goods is more than 2 years, and there are stable purchase and sale channels;

(3) Good financial and operating conditions;

(4) The rating is BB or above, and there is no bad credit record, and no bad credit record is found in the credit information system of the People's Bank of China;

(5) Handling standard warehouse receipt pledge financing business, opening a standard warehouse receipt account in the standard warehouse receipt management system of Shanghai Futures Exchange, and holding standard warehouse receipts to participate in the standard warehouse receipt business;

(6) The customer signs a tripartite cooperation agreement with the bank and the futures company, and the bank entrusts the futures company to conduct closed supervision on the customer's futures account;

(seven) in line with the relevant conditions for the customer access of the cooperative futures company;

(8) Other conditions: Before starting business in Syria, we will fully understand the customer's operating conditions, historical transaction records and work experience; The basic transaction must have a real trade background, and it is necessary to prevent the affiliated companies of group customers from using domestic products and Lida business to obtain bank funds; The pledge can be legally and effectively set, and the bank can obtain the pledge; When necessary, the customer needs to take out warehouse cargo insurance and other necessary insurance for the pledged property, and transfer the right of compensation under the policy to our bank; The financing funds shall be paid by the Bank; The financing period shall match the customer's downstream sales payment cycle, and the longest period shall not exceed 6 months under goods financing and 1 year under standard warehouse pledge; At present, the cooperative futures companies under the domestic cargo Lida business are limited to BOC International Futures Co., Ltd., and when the business is mature, they can apply to the Trade and Finance Department of the branch for expansion to other futures companies.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.