Bank of China personal entrusted loan loan guarantee:
1. The personal entrusted loan guarantee method shall be determined by the client and reported to Bank of China. If a personal entrusted loan is secured by a mortgage or pledge, the mortgagee shall be the principal.
2. The guarantor should not be included in the sanctions list or scope of sanctions issued by international organizations, China or other countries, and should not be prohibited from establishing or maintaining customer relationships with it by Bank of China.
3. Bank of China shall not act as a guarantor for entrusted loan borrowers, and is not responsible for reviewing the guarantor’s credit status, collateral status, and supervision of collateral, and does not express any opinions.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.