According to the laws of our country, the application process of entrusted loans is usually as follows: the principal and the lender should be enterprises (institutions), other economic organizations, individual industrial and commercial households or natural persons with full civil capacity approved and registered by the administrative department for industry and commerce (or competent authorities); A settlement account has been opened in a commercial bank; The source of entrusted funds must be legal and have independent control; To bid for entrusted loans, you must bear the loan risks alone; Pay taxes according to the relevant requirements of the State Local Taxation Bureau, and cooperate with the trustee to collect and remit taxes; Meet other requirements of commercial banks.

What are the requirements for handling personal entrusted loans?

The borrower who handles the personal entrusted loan of China Bank shall meet the following conditions:

1, with my real and valid ID.

2 have a stable occupation and income, good credit, and the ability to repay the principal and interest of the loan.

3. Meet other conditions stipulated by customers and China Bank.

4. The borrower shall be determined by the customer in writing, and shall not be designated by a third party other than the customer, including Bank of China. Bank of China is not allowed to introduce borrowers to customers, nor is it responsible for examining the feasibility of loan projects.

The above contents are for your reference. Please refer to the actual business regulations.

What kind of materials do you need to apply for a personal entrusted loan from China Bank?

China Bank Personal Entrusted Loan Handling Information:

The power of attorney shall specify the following main terms:

1. Name, domicile or address, ID number, etc. The principal and the trustee.

2. Entrusted amount, interest rate and term.

3. Name and relevant information of the borrower.

4. Use of entrusted loans.

5. A clear expression of the entrustment relationship.

6. Other information required by the trustee from the client.

The client shall declare in the power of attorney that the above contents are true. The trustee shall examine whether the identification materials and power of attorney of the trustor and the borrower are complete.

The above contents are for your reference. Please refer to the actual business regulations.