1. It has a qualified business license as a legal person or other valid documents sufficient to prove its business legitimacy and business scope;

2. Have import and export business qualifications;

3. Outstanding main business, strong performance ability, good operating conditions, and strong ability and willingness to pay;

4. The customer's credit status is good, and there are no bad credit records and malicious debt evasion records in the credit information system of the People's Bank of China, and no major violation records in the foreign exchange bureau, customs, taxation and other organs;

5. The basic transaction background is true, and the customers, counterparties, business-related personnel, receiving and paying banks, transit companies, and transaction background meet the requirements of China Bank's compliance review;

6. Opening a letter of credit requires a credit line or a single credit;

7. Business information is complete and effective.

The above contents are for your reference. Please refer to the actual business regulations.

If in doubt, please consult the online customer service of China Bank or download and use the mobile banking APP of China Bank to handle related business.