First, do you need it?
In the credit evaluation of foreign exchange loans at home and abroad, banks need to conduct full due diligence in the early stage, including the export trade background of enterprises, the implementation of foreign trade contracts, future export earnings and whether foreign exchange earnings can cover loan principal and interest. Therefore, banks themselves have certain risks and pressures, so banks also need to review relevant conditions.
To open a domestic foreign exchange loan account, the bank should also review your conditions, so the bank needs to review the domestic foreign exchange loan contract. And in this process, the bank will sign a contract with you, so in this process, you should be smart. Some things may be easily overlooked by the parties concerned, but these things are very important to you, so you definitely need to know the relevant issues in advance so that you can better safeguard your rights and interests.
Second, the specific introduction
Enterprises need to open a special account for domestic foreign exchange loans. If an enterprise handles foreign exchange business for the first time, it needs to create basic company information in the balance of payments system, which will take effect after T+ 1 At the same time, the foreign exchange bureau implements the "list of foreign exchange receipts and payments enterprises" management. For enterprises that are not included in the list, banks shall not handle foreign exchange receipts and payments for goods trade, and banks shall confirm in advance whether the enterprises are qualified to handle goods trade.
At this time, the bank needs to verify the business situation and background of the enterprise in detail. If the bank determines that it meets the relevant conditions, then the bank will sign a contract with the enterprise at this time and then open the business to the enterprise. Therefore, enterprises and individuals definitely need to know the relevant regulations in advance in order to apply successfully.