Notice of China Industrial and Commercial Bank of China on Printing and Distributing the Administrative Measures for Packaged Loan Business of China Industrial and Commercial Bank (G.Y.F. [2002] No.299, 2002 65438+February 16): In order to further strengthen the management of packaged loan business, the Head Office has formulated the Administrative Measures for Packaged Loan Business of China Industrial and Commercial Bank, which are hereby printed and distributed to you. Please follow them. The credit management, corporate business and international business departments of all banks should clarify their responsibilities, divide their work and cooperate closely, improve their work efficiency, and earnestly do a good job in the audit and management of packaged loans. Please report the problems encountered in the implementation to the Head Office in time. Attachment: Measures for the Administration of Packaged Loan Business of Industrial and Commercial Bank of China Chapter I General Provisions Article 1 These Measures are formulated in accordance with the relevant regulations of the People's Bank of China, the State Administration of Foreign Exchange and the Head Office in order to standardize the management of packaged loan business and effectively prevent risks. Article 2 The term "borrower" as mentioned in these Measures refers to a legal entity that has the right to engage in export business with the approval of the competent state department. Lenders refer to the head office and its authorized branches. Article 3 The term "packaged loan" as mentioned in these Measures refers to the short-term loan that our bank uses the expected remittance under the letter of credit received by the exporter as the repayment source to solve the exporter's capital needs such as payment of goods, organization of production and transportation of goods before shipment. Article 4 The principle of "true transaction background, examination of customers' credit standing, attention to performance ability and strengthening risk control" shall be followed in granting packaged loans. Chapter II Borrower's Conditions Article 5 A borrower applying for a packaged loan shall meet the following conditions: (1) a corporate customer with a credit rating of A- or above or an unrated corporate customer with positive net cash flow from business activities; (two) a good reputation, with the ability to repay the loan principal and interest on schedule; (3) The purpose of the loan is in line with national laws, regulations and relevant policies; (4) Be able to provide relevant trade background information and financial reports to the lender in a timely and accurate manner, and actively cooperate with the lender's investigation, review and inspection; (5) Provide legal and effective guarantee recognized by the bank (except for corporate customers who meet the conditions of bank credit loans). (six) enterprises that can provide low-risk guarantees are not subject to the above conditions for handling packaged loan business. (7) Other conditions required by the lender. Chapter III Loan Amount, Term and Interest Rate Article 6 The amount of packaged loans shall not exceed 80% of the amount of the letter of credit in principle. Article 7 The term of the packaged loan shall be from the date of lending to one month after the validity of the letter of credit, and the longest term shall not exceed one year. Article 8 When the last shipment date and validity period of the letter of credit are revised, the packaged loan may be extended once, and the longest extension shall not exceed the original loan term. Article 9 The loan interest rate of RMB packaged loans is the same as the short-term loan interest rate of the People's Bank of China. For foreign currency packaged loans, the loan interest rate shall be subject to the relevant provisions of the Bank's foreign exchange loan interest rate. Chapter IV Loan Application and Examination Article 10 When applying for a packaged loan, the borrower shall provide the following information to our bank in addition to meeting our short-term loan conditions: (1) the irrevocable letter of credit and the original export sales contract, and the borrower acting as an export agent shall provide an export commodity agency agreement; (two) the export of goods restricted by the state shall be reported to the competent department of the state for approval; (3) Other materials required by the lender. Article 11 The export letter of credit for packaged loans shall meet the following conditions: (1) The letter of credit is irrevocable and non-transferable; (2) In principle, the issuing bank of the letter of credit is our first-class and second-class correspondent bank; If the issuing bank does not belong to our Class I or Class II correspondent bank, it must be confirmed by our Class I or Class II correspondent bank; Otherwise, it must be reported to the head office for approval; (3) The L/C does not contain unfavorable clauses for the lender; (4) The letter of credit does not contain clauses restricting negotiation with other banks. (5) Modifying the validity period of the letter of credit must be reported to the lender for approval; (6) Other conditions required by the lender. Article 12 After receiving the application materials of the borrower, the lender shall investigate and verify the relevant materials provided by the borrower. Focus on the following contents: (1) The borrower's credit status should comply with our regulations on short-term loan conditions; (2) Examining the authenticity of relevant information on trade background under the export letter of credit; (3) the borrower's ability to prepare export performance and foreign exchange collection documents; (four) in line with the national foreign exchange management policy, the export commodities do not involve anti-dumping investigations and trade disputes. Article 13 The letter of credit business of packaged loans must be submitted to our bank. Article 14 For the letter of credit business of packaged loans, export bills can be handled before the repayment of packaged loans by our bank; After receiving the bill, the borrower shall repay our packaged loan in equal amount. Chapter V Authorization, Credit Granting and Loan Limit Management Article 15 The approval authority of packaged loans shall be implemented in accordance with the provisions of the Head Office on the approval authority of short-term loans. Article 16 The packaged loan business shall be managed by a unified credit system for corporate customers, and the credit line of packaged loans may be specially approved. When the credit line is insufficient, it can be adjusted with ordinary loans, revolving loans, import letters of credit, bank acceptance bills, etc. Article 17 Packaged loans shall be included in the management of short-term loan limits, and all banks shall adjust themselves within the total amount of the credit limit plan issued by the Head Office. Chapter VI Risk Control Article 18 A borrower is deemed to be in breach of contract under any of the following circumstances: (1) The borrower fails to submit documents to our bank before the date stipulated in the letter of credit or the date agreed by both parties; (2) The borrower arbitrarily changes the purpose of the packaged loan; (3) The Borrower fails to provide true financial statements and other information reflecting the production and operation as required by the Lender; (4) The guarantee conditions and effectiveness of the packaged loan provided by the borrower have changed; (5) A major breach of contract occurs between the borrower and other creditors; (6) Other breach of contract stipulated in the loan contract. Article 19 Banks should monitor packaged loans through the credit management system. Article 20 All banks shall, in accordance with the relevant provisions on credit management of the Head Office, conduct regular post-loan follow-up inspection on borrowers. Supervise the use of loans, understand the borrower's operating conditions, and establish a complete credit file. Chapter VII Principles of Business Division Article 21 The credit management department, the international business department and the corporate business department are responsible for the packaged loan business and cooperate with each other. Article 22 The Credit Management Department is responsible for examining and approving the borrower's credit line and monitoring the use of the credit line, reviewing the borrower's credit standing and guarantee, and checking the implementation and operation management of the packaged loan system in accordance with the unified corporate customer credit management measures of the Bank. Article 23 The international business department is responsible for examining the qualification of the issuing bank, the authenticity of the letter of credit and its terms, monitoring whether the enterprise submits the documents on time, and keeping in touch with the business department of the company in time. Article 24 The business department of the company is responsible for the marketing, authenticity review of trade background, loan issuance, tracking and recovery of packaged loans by letters of credit. Chapter VIII Supplementary Provisions Article 25 Packaged loan IOUs, loan contracts and guarantee contracts shall adopt a unified short-term loan text format for the whole bank. Article 26 These Measures shall be implemented as of the date of promulgation. Prior to the relevant provisions of the conflict with these measures, these measures shall prevail. Attachment 1: application form for packaged loan business (reference format) Attachment 2: Audit form for packaged loan business Attachment 1: application form for packaged loan business of China Industrial and Commercial Bank () Branch ()-. [Detailed Answer] [Detailed Answer] [Detailed Answer] | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Please give || review and approval. |||| Applicant: (the legal representative of the applicant or his authorized person |||| signs and affixes the official seal of the enterprise) |||||||||||| Opinions of the business department of the company: |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| |||||||||-Appendix 2: Audit Form of Packaged Loan Business. -| Monetary amount: ||||-Beneficiary of the letter of credit: ||||. Region: ||||-Review of L/C terms: ||||□ Negotiation restrictions: ||||□ Commodity inspection certificate issued by the importer or its country or region: ||||□ No commodity inspection certificate terms: ||||□ Non-property transport document: |□ Incomplete ocean bill of lading. Bank detour: ||||□ Others: ||||-|||| Audit opinion of the International Business Department: |||||| |-.