Self-confident Because of Maturity

The China Merchants Bank has always been heeding to the requirement of its clients, pursuing a route to a technologically advanced bank. Since On-line Corporate Banking service (version 1.0) was introduced in China in 1998, it has been steadily improved in terms of system process, operational mode and function structure, further renovated in terms of backstage supporting technologies. After several rounds of upgrading, On-line Corporate Banking is still the leader in the field of domestic on-line banking service. Now, the bank proudly presents On-line Corporate Banking version-4.0, more improved and mature than ever. It well reflects the comprehensive advantages of the China Merchants Bank's On-line Corporate Banking service, as well as the development trend of on-line banking service. It pursues a win-win result for both the bank and its corporate clients, and helps its client realize optimized values, face their challenges with all self-confidence and grow steadily amid competitions.

Extraordinary Advantages

On-line Corporate Banking Version 4.0 enriches the content of the China Merchants Bank's "Dianjin Fund Management" service system: it is a promotion for, and a development of "Dianjin Fund Management" brand. Its extraordinary advantages can be summarized as follows:

The bank sticks to its service philosophy of "grow together with the clients," and provide customized on-line corporate banking solutions to cater for the diversified modes of management in the enterprises. The bank is capable of develop tailor-made combination of on-line corporate banking functions according to a whole variety of demands of its corporate clients, in an effort to facilitate the clients' rational allocation of their internal resources, brisk adaptation to the development in network economy, and turn them into experts in on-line fund management.

On-line Corporate Banking Version 4.0 is a full exhibition of the China Merchants Bank's core competitiveness marked by continuous innovation. Based on its brand new corporate banking platform, the bank introduced a series of business functions that are the first of their respective kinds in China, making a more complete product line with all-around functions. Bank-corporate interaction will be smoother and broader.

Carrying on the high security feature of previous versions of On-line Corporate Banking service, thanks to the digital certification security mechanism adopted, the new version of On-line Corporate Banking service only requires digital signature on transactions involving sensitive amount of funds, business authorization thus made more convenient and flexible. Moreover, the system is in real time connection with the modern settlement at the People's Bank of China, which results in much higher speed and efficiency for trans-regional fund maneuvers and group corporation fund management.

10 Featured Major Functions

1. Group Corporation Nationwide On-line Clearing Center and Financial Management Center

• The parent company and its subsidiaries are treated as an integrated client with a single client identity number and a single account for on-line corporate banking service, which helps to realize universal fund settlement management within the group, and provides highly efficient support for group fund management;
• Flexible remote control and management over subsidiaries' accounts. It fully realizes a nationwide group fund management modes at varying level of centralization, such as "centralized account opening and operations for both parent company and subsidiaries in a group corporation," "centralized revenue and expenditure at the parent company," "parent company's authorization to subsidiaries for autonomous settlement within quota or exceeding quota," and "subsidiaries' case-by-case on-line submission for the parent company's approval;"
• Powerful settlement center function for group corporations. It realizes nationwide real time account information inquiry, fund balance centralization, real time internal fund maneuver, and group corporation external settlement, etc.
• Creative group financial center management. With brand new credit business functions such as "self-help loans" and "self-help mandate loans," the parent company is able to use the group's fund with an overall planning, or realize fund maneuver and cash supply reallocation with compensation; or realize subsidies' sharing of the universal credit quota of the group corporation, or the parent company's "zero-balance," or nominal fund management over its subsidiaries; or realize the group corporation's regular recouping and "quota" dispensing of fund; all abovementioned strongly supports group corporation fund management.

2. On-line Self-help Borrowing

• Credit quota is subjected to advance approval, recyclable in use, and shared by both the parent company and its subsidiaries in a group;
• Self-help withdrawal of locals within credit quota, and self-help repayment with real time fund arrival and convenient operations;
• Loans are withdrawn and repaid whenever necessary, with very flexible periods.
• Automatic withholding of loan principle and due interest, no need to worry about overdue penalties.

3. On-line Loan by Mandate

• All new corporate on-line fund management service;
• Client signs consignment and loans contracts in advance, allowed to issue several batch of loans by mandate within a credit quota;
• Clients and borrowers make direct on-line dialogues, borrowers autonomously confirm terms of credit with clients;
• Release and repayment of loans by mandate are both through self-help channels, with real time arrival of fund.;
• Automatic withholding of loan principle and due interest, no need to worry about overdue penalties.

4. On-line Nationwide Collecting and Payment Agent

• Realizing nationwide intra-city and inter-city payout and withholding agent service. The proceeds can arrive at accounts in real time, with in-time and comprehensive transaction feedback;
• An "On-line Collecting Station" is launched offer services such as withholding administrative and institutional fees and charges, and other contracted collection service.;
• An "On-line Cashier" was also established to offer cashing services such nationwide payout of salary, bonus, allowance as well as other borrowed funds; original vouchers can be transmitted in the form of "attachment" to realize inter-city financial examination and approval and reimbursement, etc;
• Close cooperation between the bank and insurance companies to ensure optimized convenience of policy holders; the "Bank-Insurance Express" service mode is able to collect premiums and pay compensations on behalf of insurance companies.

5. Customized Financial Authorization Management

• Clients are allowed to define their own internal financial authorization mode, which is adaptive to diversified and personalized demands for financial management;
• Flexible pre-set mode policy to systematically normalize corporate financial management mode;
•  "Standard" pre-set mode with simple and easy-to-use "foolish-proof" operations to meet the general corporate financial management requirement;
•  "Personalized" pre-set mode with "operational chain" management to make operation process clean and clear. It features strict authority limitation set up, flexible distribution of personnel and workload to match different combinations of financial management styles, and strongly support the sophisticated management of "group corporation settlement centers".

6. On-line Safe Account Management

• Early warning messenger. The clients are allowed to configure various types of conditions for activating early warning messages, which include account accession warning, abnormal changes in large amounts, etc. The messages can be sent through PC terminals, e-mails, mobile phone short message service and other channels, to keep administrative officers informed of latest changes on account;
• Limitation on beneficiaries. Pre-set an address book of your business partners, and limit the range of possible beneficiaries for cash transactions such as settlement and transfer of account, lock down the direction of cash flow, and ensure safety of funds.
• Quota control. The clients are allowed to freely set restrictive conditions for the amount of settlement and transfer of account. The quota can be set by a specific transaction, or by accumulated amount in a single day, a single week, a month or even a year.
• Digital certificate: For sensitive transactions involving transfer of fund, the computer will process digital certificate identification and encryption to ensure system-wide security.

7. Full-process Monitor and Transaction Tracing Service

• The all-new "full-process monitor" function provides detailed information long the entire process including transaction handling, examination and approval;
• The system is able to automatically prompt and notify operators to start the next link along the process, which ensures a highly efficient and smooth operation;
• The system informs its corporate clients the accurate time of transaction process, and keeps the clients informed of the current link that a transaction is on, as well as the status of a transaction. This is an evidence of high quality bank service, helping the corporate clients capture business opportunities in time and make wise decisions. 

8. Intellectual Operation Guide

• The system offers various kinds of help and guide, which acquired the style of Windows OS with more humanized operations.
• Dynamic help information on interface: providing interpretations to the headline, menu, name, button, blank to be filled as well as drop-down box that the mouse cursor is pointing to.
• On-line help provides detailed description of functions and answers to FAQs.
• Operation process prompt provides easy-to-learn guide, which makes powerful functions obedient as a sheep;
• Personalized interface provide dozens of background color and buttons in all styles to choose from; you may also define your favorite hot keys. The interface is much more friendly than before.

9. Customized Bank Information Active Notification

• Active messenger service puts an end to the outdated bank practice of passive information provision. This makes a new channel for bank-to-enterprise and enterprise-to-enterprise communications;
• Variety of channels, including Bank-Enterprise Express, PC terminals, email, mobile phone SMS, etc.
• Rich content for inquiry, including financial information, bank notice, account information, transaction information, service process information, etc. to keep you in control of the service status at any time.
• Customized information service allows the clients to decide by themselves whether to subscribe to the information service, and configure the conditions to activate transmission of messages, such as "transaction in process alert," "abnormal balance of account," and "fund arrival at account," etc.

10. Massive Business Information Transmission

• The newly added feature of "transaction attachment" can provide a massive amount of "summary," and allows you to attach any type of descriptive documents to the transaction;
• This makes it more convenient for your financial staff to recheck, audit, and keep business record; it likewise make it earlier for the beneficiary to double check;
• As many as five files can be attached to a transaction;
• The supported attachment formats include pure text, scanned chart, and tables. The attachment can be in fixed format or free format to meet different service demands.