Guarantee Attestation

No. Service Item Charging Rate Preferential Measures Services Remarks
020701 Credit standing certification Attestation (certification for corporate deposit, certification for corporate off-balance sheet business, and certification for corporate settlement discipline): RMB100-300 each certificate;
Bank confirmation (capital verification certificate, and confirmation letter for accountant firm):RMB100-300 each certificate; a discount of 20% is available for the accumulated charges for bank confirmation based on the contents of confirmation, but not less than the single standard;
Certification for credit standing of other single business: RMB100-300 each certificate; and USD100 each copy for credit standing report to overseas institutions.
Certification for general credit standing: a discount of 20% is available for the accumulated charges based on the contents of certifications, but not less than the single standard.
  To provide customers with various certification services such as confirmation, deposit and other credit standing.   
020702 Modification of domestic letter of guarantee  RMB 300 each transaction. Additional charges will be collected for the increased part at the original rate.   To provide customers with the service of modifying the letter of guarantee.  
020703 Handling charge for Letter of guarantee Handling charge for domestic letter of guarantee/note confirmation: it will be charged according to the amount and nature of L/G/confirmation at 0.5‰ to 4% per year, not less than RMB 300 per transaction.
Cross-border letter of guarantee (Financing: loan guarantee, airplane lease guarantee, guarantee for other leases, guarantee for compensation trade; Non-financing: payment guarantee, tender guarantee, performance guarantee, advance payment guarantee, quality guarantee, and other international guarantees):  0.15%-0.25% per quarter,  minimum RMB300 or 500 per quarter. Specifically 0.5% per quarter for the loan guarantee, airplane lease guarantee, guarantee for other leases, and guarantee for compensation trade, not less than RMB1,000 per quarter.
  To provide customers with various financing or non-financing guarantee services.
Bill confirmation: Under the confirmation service of Commercial Acceptance Bill, as the confirming bank, IB guarantees to honor the Commercial Acceptance Bill with full amount when it matures and when it accords with the confirmation conditions, IB will pay the funds under Commercial Acceptance Bills unconditionally.
Cross-border guarantee: For the guarantee term less than 3 months (inclusive), the fees will be charged at the rate for a quarter; for the guarantee term less than 6 months (inclusive), the fees will be charged at the rate for two quarters; and so on. 
020704 International business -- Modification/revocation of cross-border letter of guarantee Modification of letter of guarantee: RMB200 each time.  If the amount or term increases, the increased part will be charged at the rate for the issuance of a new one, minimum RMB 200 each time;
Revocation of letter of guarantee: RMB200 each transaction.
  To provide customers with the service of modifying or revoking the letter of guarantee. For the letter of guarantee term less than 3 months (inclusive), the fees will be charged at the rate for a quarter; for the letter of guarantee term less than 6 months (inclusive), the fees will be charged at the rate for two quarters; and so on.
020705 International business -- Reissuance of overseas guarantee It will be charged according to the risk level of the counter guarantor bank. For those not below “investment level”, 0.2% per quarter, minimum RMB300 per quarter; for those below the “investment level”, 0.25% per quarter, minimum RMB300 per quarter.   To provide customers with the service to reissue overseas letter of guarantee.
020706 International business -- Advice or advice on the modification of cross-border letter of guarantee Letter of guarantee/standby L/C advice: RMB200 each transaction;
Advice on the modification of letter of guarantee/standby L/C: RMB100 each transaction. 
  Letter of guarantee/standby L/C advice:  To provide customers with the notification services of letter of guarantee and standby L/C;
Advice on the modification of letter of guarantee/standby L/C:  To provide customers with the service of advice on modification of guarantee.
 
020707 International business -- Claim for compensation against cross-border letter of guarantee 0.0625%, down to RMB500 and up to RMB5,000 for each transaction.   To provide customers with the service of claim for compensation against letter of guarantee.  
020708 International business -- Cross-border confirmation guarantee (including the advice charge) 0.1% a month, minimum RMB300 for each transaction. If it lasts for less than a month, the period will be counted as a month.   To provide customers with the service of adding the confirmation of our bank to the letter of guarantee.  
020709 Acceptance/commitment charge for bank's acceptance bill The charging method will be established by each branch according to the overall contribution of the customer to our bank (the charging rate will be decided by the branch between 0% and 1.5% of the risk exposure of the acceptance business of our bank newly transacted by the branch).   To provide customers with service of note commitment and acceptance. 1. Such charges are exempted for small- and mini-sized enterprises.
2. Risk exposure=amount accepted-margins
020710 Loan commitment (intent) and credit certification 0.1-0.5% of the amount of loan commitment (intent) and credit certification, not less than RMB500.   To provide services of issuing written loan commitment (intent) and credit certification to customers. The handling charge for loan commitment, loan intent and credit certification will be collected in a lump sum from the applicants before the provision of loan commitment letter, loan intent letter and credit certificate. Such charges are exempted for small- and mini-sized enterprises. Such charges are exempted for small- and mini-sized enterprises.
020711 Services fee for provide guarantee and other credit enhancement services Handling charge for guarantee of notes: annual rate is between 0.05% to 4% of the guaranteed amount, not less than RMB 300 for each transaction;
Handling charge for confirmation of notes: 0.15% to 0.25% each quarter, not less than RMB 300 each quarter or RMB 500 each quarter;
Service charge for other credit enhancement businesses: It will be negotiated and determined with customers according to specific program conditions.
  Handling charge for guarantee of bills: a bill act that IB accepts the application of acceptor or holder of Commercial Acceptance Bill, guarantees and records on the bill as the guarantor to ensure the performance of bill’s debt;
Handling charge for confirmation of bills: under the business of import bills confirmation, as the confirming bank, IB guarantees to honor full amount of bill when it matures for international trades settled by D/A or T/T for customers, IB will pay the funds under this trade unconditionally.
Service charge for other credit enhancement businesses: IB provides institutional customers with other credit enhancement services including guarantee.
 

Note: 1.Changes to the charging rates and preferential policies of service items are subject to the latest announcement of the bank.

2. If the local charging administration authorities set down unified prices for the above charging items, the branches in question may follow the relevant provisions.

3. The currency of price in all charging standards is RMB unless otherwise indicated.

4. Complaint hotline: “95561”; complaint email: “95561@cib.com.cn”; approach of written complaint: “Official Wechat Service Account of IB”.