1. transaction acceptance: the branch signs the corresponding agreement with the customer, and the customer submits an application for option trading to the branch, and the branch makes an inquiry to the global marketing department in a systematic or written way.

2. Handling of long-term trading events: If the barrier option or digital option is knocked out/knocked in ahead of time, the Global Market Department will notify the branch to knock out/knock in the option trading ahead of time, and the branch will immediately notify the customer. Options that are aborted in advance will not be executed when they expire. Before the option expires, the customer can completely reverse or partially close the described options and option portfolio transactions.

3. Execution at maturity: If the customer buys the option, he can choose to execute or give it up as the right party; When the customer sells the option, BOC, as the right party, chooses to execute or give up at the execution time, and the customer has the obligation to execute or give up at the request of BOC. If the customer, as the obligor, can't fully perform the contract, he can make partial delivery or default delivery to the Bank of China, and the losses arising therefrom shall be borne by the customer. Foreign exchange precious metal options (including ordinary options and barrier options) are settled by net settlement when they expire.

4. Handling of events after the expiration date: If the option expires and the customer cannot fully perform the contract, he can apply to the bank for partial exercise (including full exercise) on the expiration date, or apply for settlement of breach of contract between the second day of the option expiration date and the option delivery date.

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

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.