Account Settlement Service

No. Service Item Charging Rate Preferential Measures Services Remarks
020101 Handling charges for transfer and remittance
Handling charge for intra-bank transfer and remittance to corporate account over counter/Handling charges for intra-bank transfer via corporate internet banking/Handling charges for inter-bank transfer via corporate internet banking/Handling charge for transfer at counters/ATM with corporate settlement card (intra-bank non-local transfer, inter-bank local transfer):
"RMB 5 will be charged for each transaction not more than RMB 10,000;
RMB 10 will be charged for each transaction more than RMB 10,000 but not more than RMB 100,000;
RMB 15 will be charged for each transaction more than RMB 100,000 but not more than RMB 500,000;
RMB 20 will be charged for each transaction more than RMB 500,000 but not more than RMB 1,000,000;
For transactions above RMB 1,000,000, it will be charged at the rate of 0.002% of the amount of remittance, but not more than RMB 200”

Handling charge for transfer at ATM with corporate settlement card (inter-bank non-local transfer):
It will be charged at the rate of 1% of the transferred amount, not less than RMB 5 but not more than RMB 200 each transaction.
1. Handling charge for intra-bank transfer and remittance to corporate account over counter: No charge temporarily from Oct. 25, 2013 to August 1, 2018. 2. Handling charges for intra-bank transfer via corporate internet banking: No charge temporarily from Oct. 25, 2013 to August 1, 2018. 3. Handling charges for inter-bank transfer via corporate internet banking: No charge temporarily for transfer via enterprise internet banking mobile version from Dec. 30, 2016 to Dec. 31, 2017. According to local market conditions, each branch can implement other preferential policies after getting approval from the bank.
1. Handling charge for intra-bank transfer and remittance to corporate account over counter: Transferring the money of a corporate customer from its IB account into another IB account (both local and non-local) over counter; 2. Handling charges for intra-bank transfer via corporate internet banking: To provide transfer services within the whole bank and within the domination of a same IB branch via corporate internet banking (including external payment, cost management, batch payment, batch costs, virtual sub-account payment and cost, securities capital transfer, and group payment, etc.);
3. Handling charges for inter-bank transfer via corporate internet banking: To provide local inter-bank and non-local inter-bank transfer services via corporate internet banking (including external payment, cost management, batch payment, batch costs, virtual sub-account payment and cost, securities capital transfer, and group payment, etc.);
4. Transfer at counters/ATM with corporate settlement card: To provide corporate customers with transfer service from IB account to (local and non-local) intra- or inter-bank accounts.
 
020102 Transfer for authorized collection/collection with acceptance It will be charged according to the handling charge for transfer and remittance to corporate account over counter, but no charge for bill transfer where discounts are given to IB.   After receiving the collection certificate, IB will handle transfer for the customer.  
020103 Payment of bank draft It will be charged according to the handling charge for transfer and remittance to corporate account over counter.   Handling payment of bank draft for customers.  
020104 Inquiry of remittance RMB 5 each transaction   An entity applies for initiating inquiry of its transfer and remittance business from the other bank on its own.  
020105 Return of remittance RMB 5 each transaction   According to the application of an entity, IB initiates an application of refunding relevant money from the other party for its transfer and remittance business.  
020106 Handling charge for acceptance of bank's acceptance bill 0.5‰ of the bill value will be charged, not less than RMB 200. 1‰ of the bill value will be charged for an electronic commercial bill with a term over 6 months.   The business where our bank accepts the bill and pays money to the payee or bill holder upon receiving the reminder for payment.  
020107 Handling charge for collection Authorized collection/collection with acceptance: RMB2 per transaction   A payee entrusts IB to collect money from the payer (including the business where a customer entrusts IB to handle the authorized collection on bills) "For mailing the documents for customer authorized collection, postage will be charged from the customer at the charging rate of the post office; no postage will be charged from the customer for collection on bills for which discounts are given to IB.”
020108 Account information service "Modification of account information: RMB10-50 each time per account;
Inquiry of account information: No charge for inquiry within two months (inclusive), RMB 20 per time for inquiry more than two months but not more than a year; RMB 40 per time for inquiry over one year. It will be free of charge for any authoritative executive department such as those judicial departments."
For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. "Modification of account information: To change the name, legal representative or chief principal, address and other account information of a corporate banking settlement account;
Inquiry of account information: Inquire about the account information of customers. "
 
020109 Inquiry of other information RMB 30 each transaction For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. Inquiry of other information of customers.  
020110 Domestic L/C 1. Issuing L/C: It will be charged at the rate of 0.05%-0.15% of the L/C amount, not less than RMB100.
2. Common modification/cancellation: RMB100 per transaction;
Modification for amount increase: The increased part will be charged at the rate of the handling charge for issuing L/C, not less than RMB 100, and no other handling charges are required;
3. Notification(notice of modification): RMB 50-200 each transaction4. Acceptance/commitment: 0.05% of the acceptance amount will be charged, not less than RMB 200 per transaction 5. Document examination fee: It will be charged at the rate of 0.1% of the L/C amount, not less than RMB 300 and not more than RMB 2000 per transaction.6. Negotiation: It will be charged at the rate of 0.1% of the amount of document for negotiation.7. Handling charge for discrepancy: RMB 300-500 each transaction8. Confirm L/C(including advice charge): 0.1%-0.5%/ of the confirmed amount will be charged per quarter, not less than RMB 300 per transaction; If it lasts for less than a quarter, the period will be counted as a quarter.9. Modification of L/C confirmation: common modification/cancellation: RMB 100 per transaction; Modification for amount increase: The increased part will be charged at the rate of handling charge for confirming L/C, not less than RMB 100 per transaction, and no other handling charges are required;
10. Transfer L/C: It will be charged at the rate of 0.1% of the transferred amount, not less than RMB 200 and not more than RMB 1000 per transaction.11. Modification of transferable L/C: RMB 100 per time. Any increment will be charged at the rate of 0.1% of the transferred amount, not less than RMB 200 and not more than RMB 1000 per transaction.12. Replacement(including replacement of transferable L/C): RMB 100 each transaction.
May be free of charge as appropriate if present documents at our bank 1. Issuing L/C: To open domestic L/C;
2. Common modification/cancellation: To modify other contents other than the amount of the domestic L/C issued; to cancel the domestic L/C issued; Modification to increase amount: involving modification to increase the amount of the L/C issued;3. Notification(notice of modification): The advising bank of domestic L/C notifies beneficiaries after receiving L/C from the issuing bank;
4. Acceptance/commitment: Performing the responsibility of payment upon the maturity for the acceptance of a usance letter of credit.5. Document examination fee: Providing the service of document examination for documents mailing and claiming based on letter of credit6. Negotiation: The behavior that the negotiating bank pays the consideration to the beneficiary.7. Handling charge for discrepancy: Handling documents with discrepancy
8. Confirm L/C(including advice charge): To confirm the domestic L/C issued by other banks and then notify the beneficiary.9. Modification of L/C confirmation: To transfer the domestic L/C to secondary beneficiary according to the demands of first beneficiary.
10. Transfer L/C: To modify transferable L/C issued by our bank according to the instructions of domestic customers.
11. Modification of transferable L/C: To modify transferable L/C issued by our bank according to the instructions of domestic customers.12. Replacement: The beneficiary demands our bank to modify or substitute documents which had been submitted to our bank for for documents mailing and claiming; after the secondary beneficiary under transferable L/C delivered documents, the first beneficiary conducts replacement.
 
020111 Management of preset seal "Seal alteration: RMB 20-50 each account per time;
Combined signature and seal management: RMB1500-3000 each account, and 50% discount is available if the customer uses the payment cipher."
For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. To alter the preset seal or provide the service of combined preset seal management according to the funds management need of a customer.  
020112 Services related to payment cipher instrument Production cost of payment cipher instrument: It will be charged in line with the cost price or the unified price set down by the local People’s Bank of China.;
Alteration of payment cipher business: RMB20 per time;
Signing contract or replacing payment stick: It will be charged at the cost price for using the payment stick;
Loss report for payment cipher (payment stick): RMB20 each account per time
For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. Payment stick is provided by IB for signed enterprises of IB Steward; IB is commissioned to sell the payment cipher and provides services including account binding, change and report of loss. Payment stick is the digital signature and security encryption equipment necessary for IB Steward, combining the functions of 2-generation of Ukey and payment cipher, supporting communication methods such as audio and blue tooth; The payment cipher only provides the function of designing payment code via off-line hardware.
020113 Reproduction of paper account statement Reproduction of receipt/account statement: Free of charge for the receipt/account statement within a month (inclusive), RMB 10 for each (within 10 pages for reproduction of account statement) more than a month but not more than a year, RMB 20 for each more than a year but not more than three years, and RMB 100 for each more than three years. (RMB1 per page exceeding the set number of pages for reproduction of account statement) For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. The reproduction of account statement of account balance for customers is free of charge. To provide business document or account statement again as applied by a customer.  
020114 Electronic receipt box "Lease: RMB100-500 each box a year, or RMB300-800 each box in a lump sum;
Reissuance of a lost card: RMB10 each piece"
For customers reaching the certain criteria for identifying customers in terms of closeness of cooperation with IB and contributions to IB, certain concession may be given, and the specific rate of concession is subject to the official circular of the Head Office and relevant branch. Electronic receipt box means that customers can take the receipts with the electronic receipt box via self-service. Lease/reissuance of a lost card: To lease the electronic receipt box or to reissue a new one for a lost card with the electronic receipt box.  
020115 Large-amount corporate cash withdrawal Large-amount corporate cash deposit/withdrawal: it will be charged for accumulated deposit/withdrawal of RMB 50,000 and above in a single account per day. Deposit: 0.1‰-0.5‰ for excessive part, RMB 5 per transaction at the minimum. Withdrawal: 0.1‰ for excessive part, RMB 5 per transaction at the minimum, RMB 500 at the maximum. No charge to the business areas under Guangzhou Branch temporarily and the free-of-charge period extends from Aug. 1, 2014 till Aug.1,2018. To handle large-amount cash deposit or withdrawal.  
020116 Petty cash counting for corporate customers Minimum RMB 5 for a customer exchanging, depositing, or withdrawing 500 pieces or more accumulatively in a day, additional RMB 1 for each 100 pieces increased without limit. For a customer requiring a great deal of counting workload, the handling charge and collecting method may be stipulated in an agreement. No charge to the business areas under Guangzhou Branch temporarily and the free-of-charge period extends from Aug. 1, 2014 till Aug.1,2018. To provide the service of counting bank notes and coins denominating RMB 1 or less for depositing, withdrawing and converting.  
020117 Domestic factoring Handling charge for factoring: Factoring with recourse/factoring without recourse/non-financing factoring/factoring for financing lease: The rate of charge will be determined in accordance withe the agreement based on service contents, transaction nature, risk level, overall returns, market competition and other situations.

Factoring charge: Domestic factoring pool/reverse factoring: The rate of charge will be determined in accordance withe the agreement based on service contents, transaction nature, risk level, overall returns, market competition and other situations.

Handling charge for factoring buyer: The rate of charge will be determined in accordance withe the agreement based on service contents, transaction nature, risk level, overall returns, market competition and other situations.
  1. Factoring with recourse/factoring without recourse/non-financing factoring/factoring for financing lease: A domestic seller (creditor) will transfer to IB the accounts receivable from the commodities sold or serviced provided by it to a domestic buyer (debtor) on credit or the accounts receivable from the lease provided by a domestic financing and leasing company to a lessee through finance leasing, and then IB provides customers with integrated financial services such as financing of accounts receivable, investigation of commercial credit standing, management of accounts receivables, and guarantee for bad debts.
2. Buyer factoring: in domestic transactions, in conditions when the seller or selling factoring agent is uncertain about the credit of buyer, IB will act as the buyer factoring agent to make payment guarantee for the debt produced in transactions by the buyer.
3. Domestic factoring pool: when a domestic seller (creditor) transfer to IB the accounts receivable by means of recourse, whose balance remains stable and covers the credit exposure of IB, IB will provide business model of credit for the seller.
4. Reverse factoring: in transactions paid on credit, and under the premise of no arguments about basic transaction or accounts receivable, IB will use the direct credit line in IB to provide the seller with account receivable financing without recourse.
 

Notes: 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”.