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Financing Institution > Local Commercial Bank > Agency Bond Settlement
Agency Bond Settlement

Definition
Small-and-medium banks and non-banking institutions authorize Huaxia Bank to settle bonds on their behalf, including other services as short-term finance, bond trading, payment of interest and principal of bond and market watch.

Applicable Clients
Small-and-medium banks and non-banking institutions

Price
An agency commission of not more than 10,000th of the face value of the settled bond, a fee of RMB 500 paid to Central Clearing and Settlement Company for opening the account and a fee of RMB 100-200 for each transaction.

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