1. When a domestic non-financial institution borrows money from a domestic financial institution or obtains a credit line, it can accept the guarantee provided by an overseas institution or individual on the premise of meeting the following conditions.

(1) The debtor is a non-financial institution registered and operated in China;

(2) The creditor is a financial institution registered and operated in China;

(3) The subject matter of guarantee is a foreign currency loan (excluding entrusted loan) or a binding credit line;

(4) The form of guarantee complies with domestic and foreign laws and regulations.

Without approval, domestic institutions may not handle foreign-related insurance and domestic loan business outside the above scope.

2. Sign the contract of foreign insurance and domestic loan by yourself.

3. Business registration

For domestic debtors engaged in foreign insurance and domestic loan business, domestic financial institutions that issue loans or provide credit lines shall submit the data of foreign insurance and domestic loan business to the capital account system of the foreign exchange bureau in a centralized manner.

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.