Packaged loan under domestic letter of credit refers to a short-term loan issued by the bank to the seller according to the application of the seller (beneficiary of domestic letter of credit), with the expected sales amount under the letter of credit as the repayment source, in order to solve the seller's financial needs for purchasing goods, organizing production and transporting goods before shipment.

A borrower applying for a packaged loan shall meet the following conditions:

1, corporate customers with a credit rating of A or above in that year;

2. It can provide legal, sufficient and effective guarantees recognized by the bank (except for customers who meet the conditions of bank credit loans);

3. Strong performance ability and good performance record;

4. Be able to provide relevant trade background information and financial reports in a timely and accurate manner, and actively cooperate with the investigation, review and inspection;

5. The existing financing with other financial institutions is not overdue;

6. The purpose of the loan is in line with national laws, regulations and relevant policies;

7. Other conditions required by the lending bank;