About IB

Notes

1. This Service Price List is developed according to the Price Law of the People’s Republic of China, the Notice of China Banking Regulatory Commission, People's Bank of China, National Development and Reform Commission on Canceling Some Service Charges on Banking Financial Institutions (YJF [2011] No. 22), the Measures on Administration of Service Price of Commercial Banks (No. 1 Circular of CBRC and NDRC in 2014), the Notice of National Development and Reform Commission and China Banking Regulatory Commission on Printing the Catalog of Government-guided Price for Services of Commercial Banks (FGJG [2014] No. 268), the Notice of National Development and Reform Commission and China Banking Regulatory Commission on Canceling and Suspending Charges on Some Basic Financial Services in Commercial Banks (FGJGG [2017] No. 1250) and the Notice of People’s Bank of China on Matters Related to Credit Card Business (YF [2016] No. 111).

2. The Bank strictly enforces governing regulations relating to service charges, including but not limited to: "Payment and Settlement Measures" (Yin Fa No. [1997] 393), "Notice of the China Banking Regulatory Commission, the People’s Bank of China, the National Development and Reform Commission on the exemption of certain service fees of banking financial institutions" (Yin Jian Fa No. [2011] 22 ), “Supplementary Notice of the China Banking Regulatory Commission on Supporting Commercial Banks to Further Improve Financial Services for Small and Micro Enterprises” (Yin Jian Fa No. [2011] 94), "Guiding Opinions of the People's Bank of China on Comprehensively Promoting the Construction of Rural Payment Service Environment" (Yin Fa No. [2014] 235), “Notice of the China Banking Regulatory Commission and the National Development and Reform Commission on Printing and Distributing the Catalogue of Government Referential Price and Government Pricing for Commercial Banking Services” (Fa Gai Pricing No. [2014] 268), “Notice of People's Bank of China on Matters of Credit Card Business” (Yin Fa No. [2016] 111), “Notice of the People's Bank of China on Matters Relating to Strengthen Payment and Settlement Management and Prevent New Illegal Telecommunication Network Crimes” (Yin Fa No. [2016] 261), “Notice of National Development and Reform Commission and The People's Bank of China on Improving the Pricing Mechanism for Bank Card Service Fees” (Fa Gai Pricing No. [2016] 557), “Notice of National Development and Reform Commission and China Banking Regulatory Commission on Cancellation and Suspension of Part of Basic Service Fees of Commercial Banks” (Fa Gai Pricing Regulation No. [2017] 1250),), "Notice of China Banking and Insurance Regulatory Commission, Ministry of Industry and Information Technology, National Development and Reform Commission, Ministry of Finance, People's Bank of China, and State Administration for Market Regulation on Further Standardizing Credit Financing Charges to Reduce Comprehensive Financing Costs of Enterprises" (Yin Bao Jian Fa No. [2020] 18), "Notice of the People's Bank of China, China Banking and Insurance Regulatory Commission, National Development and Reform Commission and State Administration for Market Regulation on Reducing the Payment Fees for Small and Micro Enterprises and Individual Industrial and Commercial Households" (Yin Fa No. [2021] 169).

3. Industrial Bank Retail Service Price List is applicable to retail clients; the Price List of Institutional Services in Industrial Bank is applicable to institutional clients; the Price List of Comprehensive Services in Industrial Bank is suitable for both retail and institutional clients.

4.Changes to the charging rates and preferential policies of service items are subject to our latest notice.

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

6.The "local" scope is not smaller than the administrative division of a prefecture-level city, including the municipality directly under the central government, provincial capital, and city specifically designated in the state plan.

7. “Micro- and small-sized enterprises” refer to those enterprises with micro or small size specified in the Notice on Printing and Distributing the Standard for Defining Small and Medium-Sized Enterprises (GXBLQY [2011] No. 300).

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

9.All other banking charges will be collected in line with the actual cost. If a domestic and foreign regulatory agency or industry organization has provisions for service charges, it shall prevail.

10.For remittance, the amount remitted will be received within 2 business days (unless the failure to arrive or the delayed receipt is due to uncontrollable external reasons or restrictions on technical conditions, or the customer has special agreement with IB). If a customer applies for receipt in real time, the charging rates shall be increased by 20%, however, the maximum charging rates for each transaction shall remain the same.

11.The handling charges for transfer and remittance to the financial treasury,

12. This service price list shall be implemented from September 30, 2021. For preferential measures or remarks with a separate effective date, the effective date noted shall be implemented.

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

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