1. Deposit in full:
Submit the following documents:
1. For import contracts, the issuing bank is used to prove the authenticity of the trade. In the case of processing with imported materials, a manual of processing with imported materials may be needed.
2. The format of the application for opening an L/C is similar in every bank, and they are all from the issuing bank.
3. It may be necessary to sign a letter of credit opening contract and a deposit pledge contract.
If you have never done credit business in a bank, you must also provide copies of the following documents:
1. Loan card
2. Articles of Association
3. Business license
4. Organization code certificate
5. The audited annual financial statements of the company in the last three years and the latest financial statements.
6. Legal person ID card
7. Self-operated Import and Export Registration Form
8. A tax registration certificate may also be required.
9. The foreign exchange payment filing certificate of the foreign exchange bureau.
Then open a special deposit account, deposit money, and make a copy of the deposit slip to the bank for credit approval. After the letter of credit is approved, the bank can prepare the letter of credit according to the contents of the letter of credit application.
2. Use the company's credit line without saving the full amount.
In addition to the above required documents, you can also provide the following documents:
1. If it is a long-term or uncontrollable property right, a trust receipt may be required.
2. If you use a trade financing line, you may need to apply for a trade financing line.
3. The credit line used needs to be mortgaged or guaranteed. There are also documents such as a letter of mortgage/guarantee contract. No need for those who have signed a maximum mortgage/guarantee contract covering levy business or have a guarantee-free/mortgage trade financing line.
Third, I don't want to deposit the full amount, and I don't have a bank credit line. As soon as possible.
1. Loan card
2. Articles of Association
3. Business license
4. Organization code certificate
5. The audited annual financial statements of the company in the last three years and the latest financial statements.
6. Legal person ID card
7. Self-operated Import and Export Registration Form
8. A tax registration certificate may also be required.
These documents were sent to the bank. What assets can the company mortgage to banks, such as offices, office buildings, factories, machinery and equipment, etc. Get the property certificate ready and get the insurance mortgage ready. If you can't get anything, then find a well-connected and powerful company as a guarantor, prepare a set of the above documents of the guarantor, plus the resolution of the board of directors agreeing to be a guarantor. Then let the bank do customer evaluation and credit rating, and then declare the general credit line. Apply for a letter of credit after this approval, one month faster and one and a half years slower.
Any company that applies to China Bank for import L/C settlement must have the right to operate import and export. To handle this business for the first time, you need to provide copies of the following documents to China Bank: business license and approval certificate of the Ministry of Foreign Trade and Economic Cooperation (Commission). If the applicant is a joint venture, it shall also provide the contract and articles of association of the joint venture. Companies that meet the above conditions can apply to the Bank of China for opening a letter of credit according to the following procedures.
1. Does the user have a credit line in the bank? If so, it can be opened under the condition of paying part of the deposit. If not, you need to apply for a quota or directly deposit a full deposit to open it.
Two. Relevant information required by the bank:
1, commodity purchase and sale contract
2. Filing Form (not required if you are already in the foreign management directory)
3. Tax exemption certificate (if equipment is needed, if imported raw materials are not needed)
4. Approval from the Foreign Economic Commission (if equipment is needed, it is not needed if raw materials are imported)
5. Import license (according to whether the imported goods are needed)
6. In the case of issuing an L/C by an agent, an agency agreement is required.
Three. Collect relevant applications, contracts and other materials that need to be stamped with official seals and signatures from banks;
1. letter of credit application
2. Application for purchase and payment of foreign exchange
3. Foreign exchange payment details
4. Relevant contract texts, such as financing contract and letter sending contract.
Four, the bank issued a copy of your company for approval and confirmation, and formally open a letter of credit.
Five, the other party will send the relevant documents to your issuing bank after the performance, and the bank will ask you to pay after reviewing the documents.