（1）Payment Guarantee
Payment guarantee is a written guarantee issued to the beneficiary by ICBC. ICBC undertakes to pay the amount specified in the guarantee to the beneficiary in the event that the applicant unable to perform the payment obligation of the contract signed with the beneficiary.

（2）Performance Guarantee
Performance guarantee is a written guarantee issued by ICBC to the beneficiary, as requested by the applicant. ICBC undertakes to pay to the beneficiary the amount specified in the guarantee in the event of the applicant unable to fulfill the obligation of the contract signed with the beneficiary.

（3）Guarantee Advising
Acting as a advising bank, ICBC advises the beneficiary on the arrival of overseas letter of guarantee after verification.

（4）Financing Guarantee
Financing guarantee is a written guarantee issued to the beneficiary by ICBC. ICBC undertakes to pay the amount specified in the guarantee to the beneficiary in the event that the applicant unable to repay the loan of the contract signed with the beneficiary.