1. Payment and remittance business refers to that under the external payment business, our bank directly handles the payment financing in the second currency or converts it into external payment in other currencies with the deposit in the first currency submitted by the customer or the unit time deposit certificate (hereinafter referred to as time deposit certificate) issued by our bank as pledge. At the same time, our customers are required to handle forward foreign exchange transactions or swap transactions of currency A and currency B in our bank, and agree on a currency deposit or time deposit that will be released by our bank at maturity. This business consists of three parts: A-currency security deposit or time deposit certificate pledge, B-currency payment financing and forward foreign exchange transactions or swaps, including foreign exchange transactions, currency swaps and interest rate swaps.

2. Composition of combined products: pledge of deposits/certificates of deposit, forward sale of foreign exchange and import financing.

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.