Take delivery guarantee:
When the imported goods arrive before the shipping documents, the importer issues a written guarantee to the carrier or its agent for picking up the goods, which shall be signed by our bank and bear joint and several liabilities. The delivery guarantee is mostly used under the letter of Loan, and the letter of Loan requires the submission of a full set of cargo rights documents.
Handling process:
1. The goods arrive earlier than the letter of Loan (including the original bill of lading), and the importer submits an application for delivery guarantee to our bank.
2. After auditing, our bank will issue a guarantee for delivery to the importer.
3. The importer handles the delivery to the shipping company (or another carrier) with the delivery guarantee issued by our bank.
4. After the receipt of the letter of Loan or the receipt under the collection item arrives, the importer will apply for a payment redemption note to our bank, and then exchange the original bill of lading to the shipping company (or another carrier) for the delivery guarantee previously issued and return it to our bank.
Tips:
1. The basic prerequisite for handling delivery guarantee is: the settlement method is a letter of Loan; the mode of transportation is the sea;
the letter of Loan requires the submission of a full set of ocean bills of lading;
2. Applicants need to have the relevant Loan line of our bank or pay a full deposit;
3. You need to make a promise to our bank that when the documents arrive, no matter whether there are discrepancies or not, you will not refuse to pay or refuse to accept;
4. After the original bill of lading arrives, you should promptly exchange the original bill of lading from the shipping company for the delivery guarantee, and return it to our bank for cancellation as soon as possible.
