China News Service, July 8th, according to the website of the China Insurance Regulatory Commission, the Consumer Protection Bureau of the China Insurance Regulatory Commission recently issued Circular No. 6 of 2020 "Notice on Cases of Bank Violations and Charges Related to Enterprises" (hereinafter referred to as the "Notification"), 6 cases of violations involving enterprises were notified.
The "Notice" pointed out that in recent years, banking institutions have basically been able to implement the decision-making arrangements of the Party Central Committee and the State Council, and violations of corporate fees have been reduced. However, some banks and branches still do not recognize and implement incompletely. In the process of providing financing, there are compulsory tying of insurance products, exceeding publicity standards to charge market adjustment prices, and charging for failure to provide services.
The "Notice" pointed out that the Agricultural Development Bank of Guizhou Meitan County Sub-branch issued a total of 200 million yuan to a company on July 30 and October 31, 2018 for the project of "Improving Rural Human Settlements in the Central Area of Meitan County". . On July 25, 2018, Meitan County Sub-branch required the borrower to issue a letter of undertaking to purchase insurance under the agency of the Bank as a condition for loan issuance. On December 5, 2018, the borrower purchased the insurance products of Huaan Property Insurance Company Zunyi Subsidiary, which was represented by the Meitan County Sub-branch. The total premium was 45,000 yuan, and the Meitan County Sub-branch charged an agency fee of 11,000 yuan.
Agricultural Bank of China Shishi City Sub-branch in Fujian Province signed an "Agricultural Bank of China "Premium Edition · Bank-Enterprise Link" Series of Corporate RMB Settlement Package Service Agreement" with a company on June 28, 2018, stipulating a service period of one year, package The price is 520,000 yuan/year, and the customer is charged the fee. "Agricultural Bank of China "Prestige Edition · Bank-Enterprise Link" series of corporate RMB settlement package service price list" shows that the package price standard is 10,000 yuan/year. Shishi City Sub-branch charges an extra 510,000 yuan for over-pricing standards.
The Agricultural Bank of China Inner Mongolia Autonomous Region Xilinhot Sub-branch opened an irrevocable domestic letter of credit for a company on December 14, 2018, with an amount of RMB 500,000, valid from January 20, 2019 to the borrower on December 12, 2018 The daily deposit certificate of 500,000 units from day to March 12, 2019 is pledged, and the issuance fee is 50,000 yuan. The fee is based on the "Agricultural Bank of China Service Charge Price Catalog." . The handling fee for the opening of a domestic letter of credit by a large commercial bank under the jurisdiction of Xilinguole League in Inner Mongolia is generally charged at 0.05%-1% of the amount of the issuance, that is, the domestic letter of credit with an amount of 500,000 yuan is charged a maximum of 5,000 yuan. This domestic letter of credit issuance fee is 50,000 yuan, which is 10 times the highest charge of the same type of local institution; compared with the same period of corporate deposit receipt pledge loan executed by the Agricultural Bank of China Inner Mongolia Xilinguole League branch, the issuance fee income is corresponding 22 times the interest income from loans.
Shanghai Pudong Development Bank Qingdao Branch (Party B) signed a "Bill Pool Business Cooperation Agreement" with a company (Party A) on September 10, 2018, stipulating that "Party B and Party B shall co-operate to provide bill pool business to Party A and Party A member units , Party B has the right to charge Party A a bill pool management fee of RMB 10,000 to RMB 10,000," and the cooperation period is one year. On the day the agreement was signed, Qingdao Branch charged Party A a management fee of 200,000 yuan. According to the “Commercial Bills Management System” of Qingdao Branch, as of September 16, 2019, the branch did not provide Party A with financing services such as bill discounts, pledge financing, and bill pooling through physical space or electronic network channels. , Storage, information inquiry, due collection and other services.
During the period from January to May 2019, the First Central Sub-branch of Bank of Dalian signed a "Dongyintong Product Service Agreement" with five customers designated by a group (as affiliates of the group), and the bank provided consulting services to the customers. The fees collected totaled 20.865 million yuan. The first center sub-branch agreed on the service price through the service agreement. The internal investigation report did not make a feasibility analysis on the customer service demand, and did not carry out cost calculation and pricing calculation for the service charge. It did not clearly specify the service pricing cost basis and charge item cost. Structure and revenue coverage cost situation; service agreement signed with one of the customers, no specific items of service content selected; the content of consulting services provided to the five customers is similar or basically the same, focusing on the macro-policy level, without focusing on the actual operation and finance of the customer Status to provide substantive services.
Beijing Rural Commercial Bank provided factoring financing of 500 million yuan to a company on November 26, 2015, with a maturity date of October 25, 2020. The bank and the borrower signed the "Lease receivable factoring business agreement (with recourse)", stipulating that the handling fee is calculated based on 0.4% of the factoring financing amount every year, and is collected annually, and the total factoring financing amount is collected for 5 years 2%; if the borrower repays in advance or the bank requests, the bank has the right to charge the remaining factoring business fee at one time. The bank charged the borrower 2 million yuan and 8 million yuan in factoring business fees on December 2, 2015 and January 11, 2016, respectively, for a total of 10 million yuan. The charging standard published by the bank's service price list is that the factoring business handling fee should generally be collected in one lump sum before the financing issuance according to the standard of 0.3%-1% of the financing amount. According to 1% of the highest standard of publicized service prices, the bank charges an additional 5 million yuan for exceeding the standard.
"Notice" pointed out that in the above cases, the relevant banks violated the "Commercial Bank Service Price Management Measures" and other regulations and systems.
The "Notice" requires that banks should strictly strengthen charge management and internal control, and implement the decisions and arrangements of the Party Central Committee and the State Council on the reduction of fees and profits in the banking industry and the burden of enterprises. In the next step, the China Banking and Insurance Regulatory Commission will continue to regulate bank service charges, and seriously control various types of arbitrary charges and push up the comprehensive cost of corporate financing.