1. Cross-border guarantee contracts can be signed by themselves.
2. Unless otherwise stipulated by the foreign exchange bureau, guarantors and debtors do not need to register or file other forms of cross-border guarantees with the foreign exchange bureau, nor do they need to submit data to the capital account information system.
3. For other forms of cross-border guarantee, domestic institutions shall go through the foreign exchange management procedures related to overseas creditor's rights and debts as required. If the foreign creditor's rights or foreign debts under the guarantee need to be approved or registered in advance, the relevant procedures should be handled.
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.