Standard warehouse receipts can be used for many purposes, such as delivery, transaction, transfer, delivery, as a deposit, etc. Today we will talk about the circulation of standard warehouse receipts in detail.
0 1 What is the standard warehouse receipt transfer business?
The transfer of standard warehouse receipts refers to the behavior of an enterprise as a legal person to buy and sell standard warehouse receipts through negotiation.
Some spot enterprises see that the warehouse receipts in their hands are more profitable than the cancellation of spot sales, and they will negotiate with downstream enterprises to sell the warehouse receipts through the transfer of warehouse receipts. Therefore, it can be said that warehouse receipts can be traded continuously as long as they are valid, but they are transferred from the original futures market to the spot market.
Who can handle (entry threshold)?
1. Need to be an enterprise customer;
2. If the business license of the spot enterprise customer contains the goods of this variety, a special VAT invoice can be issued.
Which exchanges support handling?
At present, the transactions that can handle warehouse receipt transfer business are Shanghai Futures Exchange, Shanghai International Energy Exchange Center, Dalian Commodity Exchange and Zhengzhou Commodity Exchange.
04 Cost and settlement of warehouse receipt transfer?
The cost and settlement of warehouse transfer are generally related to whether the two enterprises are familiar with and trust each other. If the two companies are very familiar with each other and have cooperated, they can settle their accounts privately. If you are very strange, you will generally choose to settle through the exchange. One advantage of self-clearing and warehouse transfer is that the exchange will not charge the warehouse transfer fee, and both parties will not incur any fees, and the warehouse receipt can be transferred in real time; Under normal circumstances, the exchange will charge a certain fee for the transfer through the exchange settlement warehouse. At the same time, one party applies to transfer the required funds through the futures account, and the other party applies for transfer. After the exchange closes, it will deduct the purchase price and warehouse receipt.
In order to reduce the cost burden of enterprises during the epidemic, the exchange also exempted the transfer fee. Please refer to the announcement of the Exchange for details. At present, our company does not charge the handling fee for the transfer of warehouse receipts.
What materials need to be prepared for handling?
Can the pledged warehouse receipt be transferred?
Warehouse receipts in frozen and pledged state cannot be transferred, and warehouse receipts can be transferred normally only after the pledge is released.
What are the precautions?
1. The business processing time of Dashang Institute is before 14: 55 every trading day, that of Zhengshang Institute is 14: 30, and that of Shanghai Institute and Energy Center is 14: 00. If the pre-settlement is not entrusted, the business processing time will be abundant, depending on the working hours of the warehouse, which is generally 17:00.
2. The payment for goods transferred from standard warehouse receipts can be handled by both parties to the transaction or entrusted to the exchange. The transferor customer who applies for warehouse receipt transfer must have a complete warehouse receipt. If the customer entrusts the exchange to transfer payment, the transferred customer must also have sufficient funds.