>

ICBC Internet Banking Personal Customer Financing Service Agreement

    transfer out amount or transfer the amount beyond agreed remaining amount into specified collection account.If Party A chooses "Inward Transfer" type, Party B will take Party A's specified collection account balance as reference and when the collection account balance is smaller than or equal to control amount agreed by Party A, Party B will automatically transfer out amount from the payment account specified by Party A to supplement the balance of the collection account to the agreed amount.
    VI. Terms of pre-cycled transfer service: pre-cycled transfer service shall refer to the financing service regularly, as agreed by the customer, transfer certain amount from payment account specified by the customer to specified collection account after the bank accepts agency of the customer. When Party A accepts pre-cycled transfer service, Party A and Party B shall abide by the following service terms:
     1. Payment account can only be Party A's Elite Club Account (or Peony Moneylink Card, or Peony Moneylink Card-E-Age) and its under-linked account. Collection account can be either Elite Club Account (or Peony Moneylink Card, or Peony Moneylink Card-E-Age) and its under-linked account or Party A's other account or other person's RMB settlement account and foreign currency account. Payment account and collection account must be accounts opened in local business office of ICBC. If the collection account is those rather than Party A's registered account of Internet Banking (including its under-linked account), Party A must open outward transfer account of the Personal Internet Banking.
     2. The cycle of pre-cycled transfer can be monthly cycle or daily cycle. Monthly Cycle shall refer to that Party B will automatically transfer agreed amount from Party A-specified payment account into its specified collection account every the equal number of months (corresponding month and corresponding day). Daily Cycle shall refer to that Party B will automatically transfer agreed amount from Party A-specified payment account into its specified collection account every the equal number of days.
     3. After Party A accepts the service terms, Party B will make the first transfer on the effective day of the service and will make transfer as regularly agreed. When monthly cycle transfer is selected, if the month has no responding day of the service effective day, the last day of the month shall be the transfer day.
    VII. Terms of "T+0" financing service. "T+0" financing service refer to that if basic account of Elite Club account has insufficient balance but have enough fixed deposit when Party A withdraws money at the counter and self-help terminal or consumption in POS in the city with Elite-club account, Party B allows Party A to overdraw in good will, but at the end of the business day, party B should draw from its fixed account according to the actual overdrawn amount to offset the overdrawn account and Party B shall not collect interest of the overdraw amount of the day from Party A. When Party A accepts "T+0" financing service, Party A and Party B shall abide by the following service terms:
     1. Party A must hold its Elite Club Account registered in Party B's Internet Banking and have registered at the counter of the opening office when Party A applies for "T+0" financing service.
     2. When Party A applies for "T+0" financing service, Party A should choose "Check other account before overdrawing" or "Not check other account before overdrawing" according to prompt of Party B's Internet Banking System. If choosing "Check other account before overdrawing", Party B will automatically check the total available balance of all the current accounts in the same currency in the Elite-Club account when overdrawing occurs. If the available balance is greater or equal to overdrawn amount, overdrawing is not allowed. If the available balance is smaller than overdrawn amount, the overdrawing is allowed. If choosing "Not check other account before overdrawing", Party B will not check other current account except the basic account, and directly allow Party A to overdraw when Party A has enough fixed deposit.
     3. When Party A overdraws, Party B will automatically freeze the lump fixed deposit under the Elite Club account of Party A. If Party A fails to deposit the overdrawn amount before completion of the business day, Party B will draw the overdrawn amount form the fixed deposit in advance and transfer the principal and interest after tax into the overdrawn account. If Party A deposits the overdrawn amount before completion of the business day, Party B will not partially or wholly draw the fixed deposit account in advance at the end of the business day and will automatically defreeze the account.
     4. Each fixed deposit account under-linked of the Party A's Elite Club is only allowed one overdrawing every day.
    VIII. Party A doesn't necessarily resign the agreement if replacing, Elite Club account, Peony Moneylink Card or Peony Moneylink Card-E-Age due to loss or damage, etc. Party A agrees Party B to automatically change the original card number of the agreement into new card number and process business with the new card number.
    IX. Party takes no responsibility when Party fails to execute the agreement due to force majeure such as natural disasters or other unpredicted exceptions or network and communication failure, etc.
    X. Party B takes no responsibility when Party fails to execute the agreement because Party A's specified account is cancelled or under abnormal state (loss report and freezing) or has insufficient balance.
    XI. Effective date, expiration date and other specific contents of the financing services are entered and confirmed by Party A in the Party B's Internet Banking System. The part constitutes integrate part of the agreement. In the service term, Party A can independently terminate the service in the Party B's Internet Banking System. After service termination, Party A can re-select and open financing service according to its needs.
    XII. If account specified for financing service is frozen, deducted or canceled due to judicatory or other reasons, Party B will automatically terminate the financing service. After the account is defrozen, and the service is not expired, Party B will automatically resume the financing service.
    XIII. Disputes arising during execution of the agreement shall be settled through negotiation. If failure in agreement, both parties agree to settle the disputes according to ICBC E-Banking Personal Customer Service Agreement signed by them.
    XIV. If some provisions of the agreement go against related laws, regulations and financial regulations, both parties shall fulfill their rights and obligations in accordance with related laws, regulations and financial regulations. Effect of other parts of the agreement is not affected.
    XV. Both parties agree to settle matters not covered in the agreement according to related regulationsand financial supervision and management regulations of Party B.
    XVI. The agreement is applicable to laws of the People's Republic of China.
    XVII. The agreement comes into execution upon signing day .