Deferred payment guarantee

Product description

       A written guarantee of payment for deferred or deferred payment of the contract price and interest due to the deferred payment。

Product characteristics

       1.Reduce the occupation of funds caused by the payment of cash deposit;

       2.Reasonably restrict the behavior of commodity sellers and project contractors, and safeguard the rights and interests of buyers or owners;

       3.Help enterprises improve business credit and obtain favorable payment terms。

Application conditions

       1.Having the business qualification to participate in basic transactions;

       2.Customer credit is good, no bad record;

       3.Have the required line of credit for issuing a guarantee or can pay a full deposit;

       4.The business background is real and meets the requirements of bank business compliance review;

       5.Complete and valid business information;

       6.The foreign guarantee shall comply with the relevant registration requirements of the SAFE for deferred payment, and go through the registration formalities for deferred payment according to the regulations。

Handling process

       1.The client submits the application for the letter of guarantee and related materials;

       2.Bank review information and issue guarantee;

       3.Charge for letter of guarantee;

       4.Amendment of letter of guarantee;

       5.Guarantee payment/cancellation。