Handling process
1. At the business initiation stage, the account manager of the company's business department accepts the customer's application for credit line and conducts credit investigation. At this stage, the business department of the company will carry out the following procedures:
(1) Customer qualification examination according to the bank customer rating and access standards.
(2) Collect basic customer data and information, including the request for approval of credit line, business license for annual inspection, loan certificate and financial statements for the last three years.
(3) Collect the guarantor's business license, financial statements in recent three years, list of mortgaged (pledged) things, value evaluation documents, certificate of property ownership, and verification report of the reporting unit on mortgaged (pledged) things.
(4) Draft the credit line agreement. If the borrower (or guarantor, mortgagor or pledger) is a foreign-invested enterprise or joint-stock enterprise, it shall issue a resolution of the board of directors (signed by a quorum of board members) and a power of attorney with relevant contents.
(5) Prepare the credit line review report.
2. After the credit line review report in the execution stage of the agreement is approved by the Risk Management Department or the corresponding procedures, the credit line enters the execution stage.
Bank credit refers to the credit granted by the bank to the buyer and the seller or one of them, which usually means that the bank promises to pay the goods under certain conditions. The bank's credit business means that the bank bears the responsibility of payment. Bank credit business is usually carried out when the trading parties do not understand or trust each other, or when the buyer's country has strict foreign exchange control or serious political instability. Its purpose is to make up for the lack of commercial credit with bank credit and promote the smooth progress of trade activities.
Chinese name: bank credit
offer: funds
belong to: commercial banks
object: non-financial institution customers.