I. Introduction Foreign Offices Link is a package of services for foreign-invested enterprises setting up offices in China, including investment policy consultancy, account opening, settlement, FX investment and fund-raising.
II. Features and Advantages Services in Foreign Offices Link serve all stages in office set-up, helping your company in many aspects: understanding on China economy, finance and the policy of State Administration of Foreign Exchange (SAFE), FX exchange for account opening, add value to your company's FX capital, address the issue of raising funds during office set-up stage.
III. Target Clients Foreign enterprises in the course of setting up offices in China
IV. Application Conditions 1. Borrower must hold the FX Registration Certificate issued by SAFE, capital fund in place with the amount declared, no less, no cancellation; 2. Subject to SAFE regulation and ICBC rules when applying for RMB loan guaranteed by FX or loan guaranteed by foreign shareholders.
V. Statement Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final right of interpretation. Refer to the announcements and regulations of local branches for further details.