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2. What are the procedures and procedures for mortgage loan with USD letter of credit?

A letter of credit loan must first be submitted to the bank for review, and it must be a letter of credit issued by a reputable bank before it can be loaned. The lender must also have a good reputation in the bank. If these conditions are not met, banks will not lend.

Three. About the bank's loan business with US dollars as collateral.

Confirm the arrival of pledged funds, freeze them accordingly, and put them in storage and seal them up. If you don't pledge with the bank's deposit certificate, you must be highly vigilant. Two people must check the authenticity of the funds on the spot and get the receipts from the relevant banks.

It is confirmed that the amount of the signed pledge contract can cover the loan principal, penalty interest and the cost of realizing creditor's rights, that is to say, the 200 million loan cannot be pressed to 200 million.

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