Notice on closing the function of the Third-party payment
Date : 2016-08-26
All E-trading markets, Enterprise Trading Centers, Merchandise Bank Institutes, Key Listed Companies and Dealers:
Trial operation of the new mode of TEEX trading settlement system for the spot listing,it was decided after study that the function of the Third-party payment will be closed from Sep 26th ,third-party payment will not be able to use.
All merchandise bank institutes are requested to acknowledge the above information clearly and assist the subordinate dealers to compete the cash withdrawal and contract termination ,for the capital is zero and not linked to the dealer, we will centralized termination before the five working days and make a record.
The third-party payment traders who compelete contract termination,can do cash deposit and trading which by signing Agricultural Bank, construction bank, Bank of communications, Ping An Bank and trading platform.
Third-party payment function is closed ,when the traders have cash withdrawal application,
required by the commercial bank to submit an application to the TEEX, after receipt of the application to five working days to confirm the information correct, notify the business banking institutions and tell traders within 1 working day to carry out cash withdrawal.
From the date of the closing of the third-party payment function within 2 years did not put forward the application of the dealer, as it gives up the funds in the transaction account.
All merchandise bank institutes are requested to acknowledge the above information clearly and assist the subordinate dealers to compete the above works.
It is hereby announced.
Tianjin Exchange for Electronic Materials and Products Co., Ltd.
Sep. 25, 2016