1. The exporter must have the legal person status, have the right to import and export business or be a production enterprise approved by the state to export mechanical and electrical products.

2. The borrowing enterprise has normal operation and management, good financial and credit status, ability to perform export contracts, ability to implement reliable repayment guarantee, and open an account with China Bank.

3. The export project conforms to the relevant national policies and the legitimate business scope of the enterprise, and has been approved by the relevant departments and holds a valid contract.

4. Export projects have good economic benefits, reasonable exchange costs and the implementation of various supporting conditions.

5. The commercial terms of this contract shall be approved by the Bank of China before signing this contract.

6. The importer has a reliable reputation and can provide foreign bank payment guarantee or other payment guarantee recognized by China Bank.

7. In principle, export contracts should be covered by export credit insurance.

8. In principle, the borrowing enterprise shall provide repayment guarantee recognized by China Bank.

9. If the borrower applies for foreign exchange loans, it must implement the corresponding sources of foreign exchange repayment.

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.