Advising of Letter of Guarantee

In global trade activities, the beneficiary of the letter of guarantee designates Bank of China as the advising bank of the letter of guarantee in business negotiation. No matter the letter of guarantee is issued in paper or by telex, Bank of China has capability to  verify the authenticity of the letter of guarantee for customers and notify customers for the original copy in time.

1. Prevent commercial fraud effectively;
2. Streamlined and convenient procedure with relatively low expenses.

1. The issuing bank of the letter of guarantee submits an application;
2. Bank of China reviews the documents and notifies the letter of guarantee;
3. Bank of China levy the competitive guarantee fees.