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bank guarantee

Assist banks and financing guarantee institutions in quickly integrating electronic letter of guarantee systems, connecting with local government public resource trading platforms, and providing 24/7 "online second release" services for bidding enterprises in various regions, to achieve the application goals of electronic letter of guarantee in public resource trading in various regions.

Electronic letter of guarantee online signing, 7 * 24-hour instant issuance, making enterprise bidding more worry free. We provide bidding electronic letter of guarantee 7 * 24-hour "online instant issuance" services for bidding enterprises in various regions, implementing the application goals of electronic letter of guarantee in public resource transactions in various regions, releasing the pressure of bidding enterprise guarantee deposits, and improving the efficiency of online resource transactions. In the public resource bidding process of various organizations such as state-owned enterprises, hospitals, universities, and central enterprises, it is often necessary for bidding enterprises to pay a "security deposit" or to find financial institutions such as banks and guarantee companies to issue guarantees as bid guarantees in order to promote the implementation of bidding. If a security deposit is paid: According to the Implementation Regulations of the Tendering and Bidding Law, the bid security deposit shall not exceed 2% of the estimated price of the tender project, generally ranging from tens of thousands to hundreds of thousands of yuan. However, the security deposit can generally only be refunded after a certain period of time after the bidding work is completed. If several projects are bidding at the same time, it will lead to a large amount of funds being occupied by the bidding enterprise, and risks such as the misappropriation of the security deposit often occur. The enterprise is under great financial pressure. If paper guarantees are chosen, they need to be mortgaged and signed and stamped by guarantee institutions, banks and other financial institutions to become effective. Once the express delivery is blocked, unable to meet in person, and unable to stamp, it will bring a lot of trouble to the issuance of the letter of guarantee. In addition, paper guarantees are not only prone to seal fraud, content tampering, and leakage, but also difficult to track and manage, resulting in low claim efficiency. In response to the current demand for remote collaboration and digital transformation management, and to achieve the goal of reducing the burden on small and medium-sized enterprises, government agencies at all levels and local governments have issued documents to promote the application of electronic guarantees and achieve full electronic trading of public resources. The National Development and Reform Commission: "Promote the application of electronic guarantee letters in the field of public resource transactions, reduce transaction costs for enterprises, and improve transaction rates." The Central Committee of the Communist Party of China and the State Council: Accelerate the digitization of the entire process of public resource transactions and bidding, and break down regional barriers in the field of public resource transactions. Accelerate the construction of a unified national market. At present, many provinces and cities across the country, including Beijing, Ningxia, Henan, Inner Mongolia, Shanghai, Zhejiang, Anhui, Haikou, Jiangxi, Hunan, Foshan, Guangdong, Qingdao, Hebei, Yichang, Chongqing, Guangxi, Jiangsu, Chengdu, Shaanxi, etc., are promoting the application of "electronic guarantees for bidding" based on public resource trading platforms, completely canceling paper guarantees and deposits, allowing bidding enterprises to have zero errands, zero mortgages, and zero burdens, and promoting the digitization of the entire process of public resource trading.


#Contract Lock Bidding Guarantee Electronic Signing Scheme #

Helps banks and financing guarantee institutions quickly integrate electronic guarantee systems, interconnect with local government public resource trading platforms, and provide bidding enterprises with a 24/7 "online second order" service for bidding electronic guarantees. It implements the application goals of electronic guarantees in public resource trading in various regions, releases the pressure of bidding enterprise guarantee deposits, and improves the efficiency of online resource trading.

 

(Application of Electronic Signature in Public Resource Transactions) 

Application display of electronic letter of guarantee for bidding

Instant processing, zero errand, zero paper, zero burden

3 major system integration and interconnection, unified application and instant issuance

Contract lock helps financial institutions effectively expand the online signing and user identity authentication capabilities of existing electronic letter of guarantee systems. With the public resource trading platform as the guarantee service window for policyholders, it realizes fast identity authentication, one click application, mobile approval, remote signature and seal, and the whole process only takes a few minutes.

(Public Resource Trading Platform+Electronic Guarantee System+Electronic Signature System)

Bidders can issue orders online in "3 steps" in seconds

Step 1 : "Bidders" can log in and apply with one click

Log in to the local public resource trading platform, apply for a guarantee with one click through the bidding guarantee window, select the corresponding financial institution, and the platform will automatically synchronize the application information to the financial institution's electronic guarantee system for approval and stamping.


Step 2 : Efficient approval and stamping of "financial institutions"

Business personnel of banks and financing guarantee companies Check the application message in the guarantee system, approve it online, and call the contract lock interface to complete the stamping.

Step 3 : Electronic signature and on-demand download of the "Bid Policy"

The electronic guarantee issued online through the electronic signature system is automatically synchronized with the public resource trading platform. Bidders can independently check the signing progress and download the electronic guarantee.

Rich functions ensure the signing of guarantees, data security and trustworthiness

1. Trusted identity authentication of bidding enterprises and financial institutions: Based on the enterprise application information reported by bidders, the system automatically performs real identity verification. During the signing process, the identity information of financial institutions is verified by authoritative CA institutions to ensure the authenticity of both parties' identities, prevent forgery and signature risks, standardize guarantees, and reduce risks.

[Click to view] Electronic letter of guarantee identity authentication scheme: Bidders and guarantee institutions guarantee the true identity

  2,

Electronic guarantee template online one click order generation: Guarantee documents do not require manual drafting and production, electronic templates can be created as needed. Once the bidder's application is approved, the electronic guarantee will be automatically applied and generated, improving the efficiency of issuing orders.

3. Batch stamping and efficient issuance of guarantees by financial institutions:

Banks and financing guarantee institutions have to process a large number of guarantee signing applications every day, manually stamping them one by one, which is labor-intensive and inefficient. The approved guarantee application can be batch stamped with one click through the contract lock and issued within a few minutes. 4,

Guarantee data is fully anti-counterfeit, tamper proof, and verifiable:

All guarantee data is encrypted and transmitted throughout the process to prevent data leakage, automatic identification of modification traces, and traceable authenticity of signatures and seals, enhancing the security of guarantee business. Summary: As an essential technical tool for promoting the application of electronic guarantees in bidding and tendering, electronic signatures help to connect the information channels of "electronic signatures - electronic guarantee systems - public trading platforms", reduce the pressure of enterprise capital occupation, make guarantee application more convenient and online operation safe and reliable, truly achieve "no face-to-face bidding, no face-to-face guarantee, remote bid opening", and assist in the digital transformation of public resource transactions throughout the process.