Delivery after cash standard business credit: It is a kind of mortgage/pledge credit business of movable property and ownership of our bank, and it means the business that the commodity buyer obtains credit from our bank, and makes payment for goods; and the commodity seller ships goods according to the purchase and sales contract and cooperative agreement, and adopts prompt goods mortgage/pledge after arrival.

Delivery after cash guarantee delivery credit (confirming storage): It is a kind of the mortgage/pledge credit business of movable property and ownership of our bank, and it means that the commodity buyer pays a certain proportion of cash deposit (or cash equivalent) to obtain credit from our bank and pay to the seller under the trade item, after the buyer takes delivery of goods and complements the cash deposit to our bank, our bank will send the delivery notice of corresponding value to the seller, and the seller will deliver goods to the buyer according to the delivery notice of our bank.

Static credit of movable property mortgage (pledge): It is a kind of mortgage/pledge financing business of movable property and ownership of our bank, also known as specialized inventory mode, and it means that our bank supervises the cash commodity of enterprise mortgage/pledge under the goods mortgage business, and the enterprise must make payments for redemption of goods in delivery, but cannot exchange goods with goods.

Dynamic credit of movable property mortgage (pledge): It is a kind of mortgage/pledge financing business of movable property and ownership of our bank, and it is also divided into dynamic verification inventory mode and dynamic quota goods control mode.

Domestic factoring: It is a comprehensive financial service integrating receivables collection, management, bad debt guarantee and financing under the prerequisite that the creditor transfers its receivables.

Automobile goods mortgage financing: It means the financing business that the automobile dealer submits the passenger vehicle and certificate recognized by our bank to our bank or the supervisor entrusted by our bank for supervision, and takes the relevant automobile as mortgage/pledge guarantee.

Domestic letter of guarantee: It means the written guarantee commitment issued by our bank as the guarantor to beneficiary according to the application of the letter of guarantee applicant (warrantee), which promises that the guarantor will assume the responsibility for economic compensation according to the condition agreed in the letter of guarantee when the applicant fails to perform the obligations under the transaction contract.

Documentary credit of import letter of credit: It means the short-term financing issued by our bank to make payment for goods under the letter of credit according to the requirement of the importer after receiving the relevant document under the import letter of credit.

Import payment agency: It means the trade financing business that our bank, as an entrusted bank, takes the settlement modes of letter of credit, collection and remittance to assign or authorize the paying bank agent to make payment for goods to the exporter on behalf of importer according to the application of the importer, and our bank will collect the principal and interest of payment and relevant expenses from importer and repay to the paying bank agent on the agreed expiration date of payment agency.

Documentary credit of export letter of credit: It means the short-term trade financing handled according to the requirements of the exporter before the exporter submits the documents specified in the letter of credit to our bank upon shipment and receives the fund of issuing bank, with the export collection fund as the main repayment source.

Forfeiting: It means the business that our bank buys the bill of receivables under the export trade settlement item handled by the exporter in our bank without recourse. The forfeiting business of our bank includes “forfeiting bill”, “forfeiting assignment” and “risk participation”.

Export double factoring: It means a comprehensive financial service integrating receivables management collection, credit risk control and trade financing provided for the client by our bank, as an export factor, through cooperating with the import factor, after the client transfers the receivables under the goods sales contract to our bank when selling goods to the importer by O/A or D/A.

Issuance of domestic letter of credit: It means the commitment of payment for consistent documents made by the issuing bank according to the application of the applicant.

External letter of guarantee: It means the guarantee business that is made by our bank, as the guarantor, in written to the overseas organization (bank and beneficiary) to guarantee the performance of obligations and responsibilities under the relevant transactions of the warrantee and promise to assume the responsibility for certain amount payment or economic compensation within a period according to the application of the applicant (domestic client).