Question: We are an intellectual property right (IPR) agency. A client intends to entrust us to apply to you for the general bond for IPR protection. The client is an overseas company and domestic banks do not want to issue a L/G to it. The client has a wholly-owned subsidiary in the mainland of China. Will you accept the L/G issued by a domestic bank to its China subsidiary? 

Answer: Yes. Applications by the subsidiary of your client to the bank for the L/G of general bond will not affect the performance of obligations under bond by the guarantor toward the Customs.