• Who--who may apply for such services:
  Any domestic corporation, institution, organization or subsidiary or agency of a foreign company that deals in international trade or has other remittance needs;
  
• What-what fund transfer may be settled by outward remittance:
  Outward remittance service may used to settle the cross-border foreign exchange fund transfer either in current accounts or in capital accounts or such fund transfer between a normal economic region in China and a special economic zone in China.
  
• How--basic principles:
  To settle any fund transfer under a current account, the relevant documents and vouchers that conform to the stipulations and rules of State Administration of Foreign Exchange (SAFE) must be presented to the bank.
  To settle any fund transfer under a capital account, the approval document issued by SAFE must be presented to the bank, in addition to the relevant documents and vouchers that conform to the stipulations and rules of SAFE.
  When a remittor makes a cross-border remittance, he/she shall fill in the International Income/payment Report Form at the same time.

Entrusted by a foreign exporter's banker, in accordance with instructions, SPDB notifies the whole set of trade documents to the importer. According to the document release terms, after the importer has fulfilled the relevant payment or accepts to pay, SPDB releases the documents and pay the relevant amount to the exporter's bank.

• Who--who may apply for inward collection service:
  Any domestic enterprise that is entitled to run proprietary or agent export/import businesses and any domestic enterprise specified in the Import FX-payment List.
  
• What-what fund transfer may be settled via inward collection?
  Fund transfer for any cross-border trade or a trade between a normal economic region in China and a special economic zone in China may be settled via inward collection.
  
• How--basic principles:
  The bank shall not release the relevant documents to the importer until it has checked and confirmed that the consignee is listed as an enterprise entitled to import and pay foreign exchange and requested the enterprise to go through the payment and acceptance for payment formalities.
  While the consignee is conducting cross-border remittance, it shall fill out the International Income/payment Report Form.

• Who--Who may apply for such services?
  Any domestic enterprise, institution, social organization or subsidiary of foreign companies with international economic & trade background or other resources of foreign exchange income.
  
• What-what fund transfer may be settled via inward remittance?
  Any cross-border fund transfer or fund transfer under current accounts/ capital accounts between a normal region and a special economic zone in China.
  
• How-basic principles
  Upon receiving the funds, SPDB will transmit the funds into the account designated by the beneficiary. Once the funds are entered into the designated account, should the total amount exceed the cap of the account, the extra part shall be sold to the bank pursuant to the relevant stipulations of SAFE.
  Once the beneficiary receives any funds from abroad, it shall fill in the International Income/payment Report Form.

• Who-who may apply for such services
  The beneficiary shall be a domestic enterprise entitled to do proprietary import/export businesses or work as an agent for import/export businesses.
  
• What-what kind of fund transfer may be settled via this service?
  Any cross-border trade or export from a normal domestic economic region to a special economic zone in China may be settled via outward collection.
  
• How-basic principles
  SPDB offers documentary collection services as entrusted by the beneficiary, which may follow the mail route designated by the beneficiary or a mail route that SPDB thinks the most appropriate. In addition, SPDB may offer reminding services for overdue payment. However, SPDB does not answer for failure in collection.
  Once SPDB receives the funds, it will forward it to the relevant account designated by the beneficiary. Once the foreign exchange funds have been entered into the account, should the total amount exceed the ceiling, the extra part shall be sold to the banker pursuant to the relevant stipulations of SAPF. For foreign exchange collection under agent exportation or in case the beneficiary is a non-local client, SPDB will either forward the foreign exchange in the original currency and amount to the beneficiary or forward the relevant amounts of funds after the extra part having been converted to RMB, according to the stipulations of SAFE.
  Once the beneficiary receives any funds from abroad as a result of exports, it shall fill in the International Income/Payment Report Form.