Comprehensive credit line refers to the stock management index of short-term credit business approved by banks for customers. As long as the credit balance does not exceed the corresponding business variety index, the banking department can provide short-term credit to customers quickly regardless of the accumulated amount and the number of times of issuance, that is, enterprises can easily recover the short-term credit funds of banks to meet customers' requirements for fast and convenient financial services.
The above short-term credit business includes loans, letters of credit, guarantees, drafts, etc. with a term of less than one year (including one year). Among them, the term of bid bond, performance bond, advance payment bond, customs payment bond and maritime bond can be extended to more than one year.
After the bank agrees to handle the customer's application, the borrower and the lender must sign a credit line agreement. If it is a secured loan, the guarantor must also submit a letter of guarantee to the bank or sign a guarantee contract; If it is a property guarantee, it is also necessary to sign a mortgage contract or a pledge contract, and go through the formalities of notarization, registration, evaluation and insurance of the pledged property.
There are many explanations for the risk exposure in banking. For example, if the bank gives you a credit of 6,543,800 yuan, and you make a bank acceptance bill with a margin of 50% and a face value of 2 million yuan, then you have used up the bank exposure of 6,543,800 yuan, which is also called exposure credit. Generally speaking, the actual credit line is less than or equal to the exposure line, and the difference depends on the margin ratio.