1. The borrower first applies to the loan department (or management department or sub-center, the same below), and after the loan department agrees, the loan department issues the Notice of Change of Loan Guarantor to the loan handling bank.
2. The bank handling personnel shall notify the borrower, the new guarantor and all the original guarantors according to the contents of the Notice of Change of Loan Guarantor, and sign the Agreement of Change of Loan Guarantor at the bank site with the original ID card. The change of guarantor will take effect after the signing of all parties to the agreement.
3 bank managers should modify the loan guarantor information according to the change, and notify the loan department to handle the change procedures.
4. The loan department unfreezes the replaced guarantor account and freezes the newly added guarantor account. Each entrusting bank shall strictly implement the above provisions, and the contract disputes caused by the false signatures of the loan-related personnel shall be borne by the handling bank.
Legal basis: Article 699 of the Civil Code of People's Republic of China (PRC). If there are more than two guarantors for the same debt, the guarantors shall bear the guarantee liability according to the guarantee share agreed in the guarantee contract; If there is no agreement on the share of guarantee, the creditor may require any guarantor to bear the guarantee responsibility within the scope of its guarantee.