The general process of warehouse receipt pledge includes the parties signing a warehousing agreement, the borrower applying for a loan from the bank, the bank conducting an review, and after passing the review, the logistics company and the bank sign a letter of guarantee to determine the responsibilities of both parties. The risks of warehouse receipt pledge include preventing credit risks, preventing market risks, preventing legal risks, etc. 1. The general process of warehouse receipt pledge The general process of warehouse receipt pledge is: 1. The borrower signs a "warehousing agreement" with the logistics company. Clarify the warehousing acceptance and protection requirements of the goods, and accordingly deliver the goods to the logistics enterprise's warehouse. After the logistics enterprise has reviewed and confirmed the receipt, the logistics enterprise will issue a special warehouse receipt to the borrower. The borrower also applies to the designated insurance company for warehousing cargo insurance and designates the first beneficiary as the bank. 2. The borrower applies for a loan from the bank with the warehouse receipt issued by the logistics enterprise. After receiving the application, the bank will verify with the logistics enterprise that the contents of the warehouse receipt mainly include the variety, specification, quantity, quality, etc. of the goods. 3. After the bank's review is passed, the borrower, bank, and logistics company will sign the "Tripartite Cooperation Agreement on Warehouse Receipt Pledge Loan". 4. The logistics company and the bank sign the "Irrevocable Letter of Guarantee to Assist the Bank in Exercising the Pledge Right" to determine the responsibilities that both parties should perform in the cooperation.

2. What are the risks of warehouse receipt pledge? The risks of warehouse receipt pledge include: 1. Prevent credit risk, 2. Prevent market risk. Pay attention to the selection of pledged commodities and the fullness and sufficiency of the value represented by the warehouse receipt. 3. Prevent legal risks.

3. The effect of warehouse receipt pledge on the pledgor The effect of warehouse receipt pledge on the pledgor is mainly reflected in the restriction on the right to dispose of the warehoused goods. As a kind of property security, the warehouse receipt is the certificate for withdrawing the warehoused goods. Obtaining the warehouse receipt means obtaining the ownership of the warehoused goods. However, once the warehouse receipts are pledged, the pledgee takes possession of the warehouse receipts delivered by the pledgor. At this time, the pledgee does not obtain the ownership of the warehouse items but only the pledge rights; for the pledgor, because he has temporarily lost the right to Although the owner of the warehouse receipt still has ownership of the warehoused goods, if he wants to dispose of the warehoused goods, he will inevitably be restricted. If the pledgor wants to dispose of the warehousing goods, he shall provide corresponding guarantee to the pledgee, or obtain the warehouse receipt with the consent of the pledgee, so as to realize his right to dispose of the warehousing goods. I would like to remind you that in the former case, the warehouse receipt pledge is eliminated; in the latter case, it shows that the pledgee trusts the debtor's credit and voluntarily gives up the guarantee of his creditor's rights, and there is no need for legal compulsion.