Legal subjectivity: Recommend Guigang lawyer Ninghai lawyer Xingtai lawyer Fenghua lawyer Wuchang lawyer Yang Guo lawyer Pu 'er in today's financial activities, short-term financing through banks and crossing the bridge is a common means of operation. Enterprises can start their business quickly after receiving funds, and banks can also get considerable interest when returning funds, which is beneficial to both sides. In fact, the bank credit certificate is such a bank loan commitment. So, what is a bank credit certificate? 1. What is a bank credit certificate? Bank credit certificate is an off-balance-sheet credit business that promises the tenderer in the form of credit certificate according to the requirements of the applicant (bidder) that when the applicant (bidder) wins the bid, it will meet the normal and reasonable credit demand of the project within the promised amount under the credit certificate during the implementation of the winning project. 2. Applicable conditions and objects 1. Enterprises, institutions, legal persons or other economic organizations that open basic or general deposit accounts in banks; 2. Good credit record and timely repayment of loan principal and interest; 3, with a reliable source of funds to repay the loan "bank credit certificate". Three. The difference between bank loan certificate and credit certificate (1) Credit certificate: including only loan records and loan commitments (2) Credit certificate: including not only the contents of credit certificate, but also deposits (current and fixed), collateral, deposit and other contents. At present, it should also include proof of financial management funds. Iv. Background of Credit Certification When a project is invited for public bidding, interested bidders submit information to prepare for bidding. Sometimes, due to various reasons, Party A needs to pre-qualify, and only the pre-qualified construction unit can bid; Party A will require interested bidders to provide a lot of information when pre-qualifying, and credit certificate is one of the frequently required materials. V. Amount and currency of credit certificate (1) Generally, the amount of each credit certificate is 65,438+00% of the total amount of the subject matter of the project, with the maximum not exceeding 30% of the total amount of the subject matter of the project. (2) The currency of the credit certificate is mainly convertible currencies such as RMB, USD and JPY. To apply for credit certificate business, in addition to providing the bank with the materials needed for working capital loan, the following procedures are required: (1) Submit a copy of qualification grade and tax registration certificate; (two) to submit the bidding documents for construction projects; (3) Submit an application for issuing a credit certificate; (4) After the bank is approved, it will sign a credit certificate agreement with the applicant and issue a credit certificate. To sum up, what does the bank credit certificate mean? In short, the bank's credit certificate is the bank's financing commitment to the applicant. The applicant will participate in the bidding, and the bank will provide necessary financing and credit support for the project construction after winning the bid. It should be noted that the applicant's qualification examination is strict, and only when his credit reaches a certain level or the construction project is relatively large can he apply. Legal Objectivity: Article 2 of the Uniform Customs and Practice for Documentary Letters of Credit For the purpose of this article, the terms "documentary letter of credit" and "standby letter of credit" (hereinafter referred to as "letter of credit") used in this article refer to an agreement regardless of their names or descriptions. According to this agreement, the bank (issuing bank) shall, according to the requirements and instructions of the customer (letter of credit applicant), according to the specified documents, and in line with the terms of the letter of credit: (.