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Instructions
Time: 17 January 2017 Source: Far East Material Trading Center Co., Ltd


Part I Application for Entering the Market


Step 1: The traders shall prepare the following materials (the following materials shall be affixed with official seal):


1. Copies of the duplicate of Business License


2. Copies of the ID card of the legal representative of an enterprise


3. Copies of the original and duplicate of Tax Registration Certificate


4. Copies of valid ID card of the authorized agent


5. The Power of Attorney issued by the enterprise


6. Organization code certificate


7. Copies of ID card of the designated contact


8. Bank Account Opening Certificate of the Bank of Deposit:


(1) Basic account (Permit for Opening Bank Account shall be provided)


(2) General account (Application for Opening Organization Settlement Account)


Step 2: The traders shall fill in the Application Form of Traders for Entering the Market and submit it to the Exchange for approval.


Step 3: The traders shall sign the Agreement on Entering the Market and Trading of the Far East Material Trading Center Co., Ltd. Both the official seal and cross-page seal shall be affixed.


Step 4: The Trading Center will set up trading accounts for the traders, and then the traders will obtain their trading accounts and initial trading passwords (traders shall change the passwords).


Step 5: The traders shall handle ESCROW of trading funds


At present, the Exchange has included the ICBC, CCB, ABC and CMBC as third-party custodian bank of funds. The traders can open settlement accounts in any of the banks at their sole discretion (for bank - commodity exchange transfer). The traders shall sign a fund supervision and custody agreement and strictly abide by the agreement.


All trading funds of the traders will be supervised by the banks. It is the responsibility of the banks to ensure the safety and reliability of the trading funds. The banks will also supervise the fund allocation of the special settlement fund account. The fund amount being transferred to a trader from the special settlement fund account under the custody of the bank shall not exceed the available funds of the trader.

As required by customers, the Far East Material Trading Center Co., Ltd. will continue to include other banks as its third-party custodian bank of funds for the convenience of customers.

Procedures and matters of business handled in banks are as follows:

I. Industrial and Commercial Bank of China Limited Yixing Sub-branch


1. The traders shall open an account in the bank


2. Establishing the materials needed for bank - commodity exchange transfer relationship at the counter of ICBC:


(1) Show the contract entered into with the Trading Center, i.e. the Agreement on Entering the Market and Trading of the Traders


(2) Provide the trading account set up in the Trading Center


(3) Sign the ICBC Service Agreement of Centralized Bank-Commodity Exchange Transfer with the ICBC


(4) The original and copies of valid ID card of the legal representative (affixed with official seal)


(5) The originals and copies of the original and duplicate of Business License (affixed with official seal)


(6) The originals and copies of the original and duplicate of Organization Code Certificate of legal person (affixed with official seal)


(7) In case this is handled by other person authorized, the originals and copies of valid ID card of the handler, as well as the Certificate of Authorization of the legal representative shall also be provided (affixed with official seal and signature of the legal representative)


(8) Submit the Application Form of Organization Customer for Centralized Bank-Commodity Exchange Transfer with official seal and reserved seal of the organization.


(9) Copies of the original and duplicate of Tax Registration Certificate (affixed with official seal)


3. Handling transfer of account business


There are three channels for handling available to the traders:


a. Fill in the Power of Attorney on Transfer of Account at the counter of the bank. Transaction will be carried out with the reserved seal.


b. Initiate the deposit and withdrawal actions from the client-side of the Trading Center, and then the traders are able to operate by themselves with the trading software (please consult the trading personnel of the Exchange about the specific operation methods without hesitation, Tel.: 0510-87240088).


c. The traders are also able to handle it through online banking of the ICBC (the function of online transfer of account must be opened first).


4. Account name: Far East Trading Pay Network Co., Ltd.


Bank of deposit: Industrial and Commercial Bank of China Limited Yixing Sub-branch


Account No.: 1103028729200558806

II. China Construction Bank Corporation Yixing City CCB Jinxiu Banking Office


The steps are the same as the above steps of the ICBC, except that the documents to be signed are the CCB Three Party Service Agreement on Enterprise E-commerce Payment Service and the Membership Application Form of CCB for Enterprise E-commerce Payment Service.


Bank of deposit: China Construction Bank Yixing Jinxiu Banking Office


Account No.: 32001616242052502567

III. Agricultural Bank of China Limited Yixing Fandao Sub-branch


The steps are the same as the above steps of the ICBC, except that the documents to be signed are the ABC Client Service Agreement on Yinshangtong Business and the Application Form for Yinshangtong Business of ABC.


Bank of deposit: Agricultural Bank of China Yixing Fandao Sub-branch


Account No.: 647001040004126

The Trading Center has opened online banking of the three banks. It is convenient for the traders to know the fund transfer conditions timely and quickly. In case of any question, please contact the Settlement Department of the Far East Material Trading Center Co., Ltd., Tel.: 0510-87240099.

Part II Operation of Deposit and Withdrawal 


Part I Application for Entering the Market


Step 1: The traders shall prepare the following materials (the following materials shall be affixed with official seal):


1. Copies of the duplicate of Business License


2. Copies of the ID card of the legal representative of an enterprise


3. Copies of the original and duplicate of Tax Registration Certificate


4. Copies of valid ID card of the authorized agent


5. The Power of Attorney issued by the enterprise


6. Organization code certificate


7. Copies of ID card of the designated contact


8. Bank Account Opening Certificate of the Bank of Deposit:


(1) Basic account (Permit for Opening Bank Account shall be provided)


(2) General account (Application for Opening Organization Settlement Account)


Step 2: The traders shall fill in the Application Form of Traders for Entering the Market and submit it to the Exchange for approval.


Step 3: The traders shall sign the Agreement on Entering the Market and Trading of the Far East Material Trading Center Co., Ltd. Both the official seal and cross-page seal shall be affixed.


Step 4: The Trading Center will set up trading accounts for the traders, and then the traders will obtain their trading accounts and initial trading passwords (traders shall change the passwords).


Step 5: The traders shall handle ESCROW of trading funds


At present, the Exchange has included the ICBC, CCB, ABC and CMBC as third-party custodian bank of funds. The traders can open settlement accounts in any of the banks at their sole discretion (for bank - commodity exchange transfer). The traders shall sign a fund supervision and custody agreement and strictly abide by the agreement.


All trading funds of the traders will be supervised by the banks. It is the responsibility of the banks to ensure the safety and reliability of the trading funds. The banks will also supervise the fund allocation of the special settlement fund account. The fund amount being transferred to a trader from the special settlement fund account under the custody of the bank shall not exceed the available funds of the trader.


As required by customers, the Far East Material Trading Center Co., Ltd. will continue to include other banks as its third-party custodian bank of funds for the convenience of customers.


Procedures and matters of business handled in banks are as follows:


I. Industrial and Commercial Bank of China Limited Yixing Sub-branch


1. The traders shall open an account in the bank


2. Establishing the materials needed for bank - commodity exchange transfer relationship at the counter of ICBC:


(1) Show the contract entered into with the Trading Center, i.e. the Agreement on Entering the Market and Trading of the Traders


(2) Provide the trading account set up in the Trading Center


(3) Sign the ICBC Service Agreement of Centralized Bank-Commodity Exchange Transfer with the ICBC


(4) The original and copies of valid ID card of the legal representative (affixed with official seal)


(5) The originals and copies of the original and duplicate of Business License (affixed with official seal)


(6) The originals and copies of the original and duplicate of Organization Code Certificate of legal person (affixed with official seal)


(7) In case this is handled by other person authorized, the originals and copies of valid ID card of the handler, as well as the Certificate of Authorization of the legal representative shall also be provided (affixed with official seal and signature of the legal representative)


(8) Submit the Application Form of Organization Customer for Centralized Bank-Commodity Exchange Transfer with official seal and reserved seal of the organization.


(9) Copies of the original and duplicate of Tax Registration Certificate (affixed with official seal)


3. Handling transfer of account business


There are three channels for handling available to the traders:


a. Fill in the Power of Attorney on Transfer of Account at the counter of the bank. Transaction will be carried out with the reserved seal.


b. Initiate the deposit and withdrawal actions from the client-side of the Trading Center, and then the traders are able to operate by themselves with the trading software (please consult the trading personnel of the Exchange about the specific operation methods without hesitation, Tel.: 0510-87240088).


c. The traders are also able to handle it through online banking of the ICBC (the function of online transfer of account must be opened first).


4. Account name: Far East Trading Pay Network Co., Ltd.


Bank of deposit: Industrial and Commercial Bank of China Limited Yixing Sub-branch


Account No.: 1103028729200558806

II. China Construction Bank Corporation Yixing City CCB Jinxiu Banking Office


The steps are the same as the above steps of the ICBC, except that the documents to be signed are the CCB Three Party Service Agreement on Enterprise E-commerce Payment Service and the Membership Application Form of CCB for Enterprise E-commerce Payment Service.


Bank of deposit: China Construction Bank Yixing Jinxiu Banking Office


Account No.: 32001616242052502567


III. Agricultural Bank of China Limited Yixing Fandao Sub-branch


The steps are the same as the above steps of the ICBC, except that the documents to be signed are the ABC Client Service Agreement on Yinshangtong Business and the Application Form for Yinshangtong Business of ABC.


Bank of deposit: Agricultural Bank of China Yixing Fandao Sub-branch


Account No.: 647001040004126


The Trading Center has opened online banking of the three banks. It is convenient for the traders to know the fund transfer conditions timely and quickly. In case of any question, please contact the Settlement Department of the Far East Material Trading Center Co., Ltd., Tel.: 0510-87240099.


1. Log in system


The traders initiate application of deposit and withdrawal through client-side. The client-sides for bank interfaces are all in the trading client-side. For log in, the user name and password are the trading account numbers and passwords of the traders.


The picture above is the interface of logging in bank interface client-side through browser. The traders shall enter the [user name], [password] and [verification code], and then click the button of [log in]. The traders will enter the main interface of the system after passing system verification.


2. Main interface


The traders can use the client-side to submit application for deposit and withdrawal, and inquire the application of deposit and withdrawal and the balance.


3. Handling of deposit and withdrawal


Submitting application: select deposit and withdrawal and bank, and then fill in and submit the application amount.


Withdrawal: transferring the fund of market account in the trading system to the account of the traders.


Deposit: transferring the fund of the account of the traders to the market account in the trading system.


4. Enquiry of deposit and withdrawal


All information on application made by a trader in certain period of time can be checked by entering the time to be checked.


5. Balance enquiry


Traders are able to check fund balance of their accounts through the client-side.

Copyright material trading center far east co., LTD.

All Rights Researved. Sue ICP for beian.miit.gov.cn # 16024348-1 without the written authorization, prohibiting reproduced.

Address: China yixing city of jiangsu province in the far east avenue 29 on the third floorZip code: 214257