The Industrial Bank successfully launched deferred-delivery silver products as an agent of the Shanghai Gold Exchange on August 3, 2009, becoming the domestic commercial bank with the most comprehensive range of trading items as an agent of the Shanghai Gold Exchange.

Operating Procedure

1. To gain access to deferred-delivery silver transactions, clients are required to open an IB Wealth Management Card and sign an agreement of IB Commissioned Precious Metals Transactions account.

2. Clients who have signed an agreement for a commissioned precious metals transaction account and obtained access to deferred delivery product transaction services may trade in all precious metal deferred delivery products. (Contracted personal clients who have not obtained access to deferred delivery product may upgrade through online banking or over the counter).

Operating Channels: via IB online banking and any IB outlets

Transaction Rules

Delivery declaration, neutral position declaration and collection application are currently not available for Ag(T+D) products.

Trading in precious metals involves risks; please make investment decisions with care.

Although trading in precious metals, especially deferred delivery products, may bring about high investment returns, the risks involved are considerable and large losses could be incurred. Losses may exceed the initial deposit and additional deposit you have placed in the Industrial Bank.