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Financing Institution > Trust Investment Company > Collection and Payment for customers under trust account
Collection-and-Payment-for-customers-under-trust-account

Definition
Huaxia Bank is entrusted by the trust investment company to collect and pay the trust monies through Huaxia Bank outlets. Upon completion of new issue, Huaxia Bank transfers the proceeds to the designated bank account as instructed, or act-on-behalf to place the proceeds under custody. A handling fee will be collected.

Applicable Clients
Trust Investment Companies

Service Flow
1. The applicant company submits application with required documentations.
2. Review the project and check all parties.
3. Discuss with the applicant possibilities on other services.
4. Sign agency agreement and start execution.
5. Manage the loan. 

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.