Can a consignment bank lend money?

Consignment banks cannot borrow money. The business scope of the consignment bank includes consignment, purchasing jewelry, handicrafts, stationery, sporting goods, household appliances, electronic products, daily necessities, Wujinjiaodian, machinery and equipment, building materials, auto parts, communication terminal equipment, computers and auxiliary equipment. Moreover, according to the provisions of national laws and regulations, consignment banks may not engage in pawn business or engage in securities or stocks in disguised form.

1. What is a consignment bank?

The consignor entrusts the consignment bank to sell the goods on his behalf, and both parties sign relevant service agreements. According to the agreement, the consignment bank has no ownership of the goods, only the right to operate the goods during the consignment period, that is, the ownership of the goods has not been transferred. The consignment bank only charges a certain amount of service fee after the goods are sold. No buyout, no on-site lending. Pawn: the owner mortgages the goods to the pawnshop and gets a certain amount of pawn money on the spot. During the pawn period, the ownership and management of the goods were transferred from the original owner to the pawn shop.

Two. According to the relevant laws and regulations, the business scope that the consignment bank is not allowed to operate.

Trading in gold and platinum is not allowed. According to Article 22 of the Regulations on the Administration of Gold and Silver in People's Republic of China (PRC): "Entrusting and consignment shops shall not purchase or consign gold and silver products and gold and silver equipment". Chapter VI Rewards and Punishment Paragraph 4 of Article 3 1: "Whoever violates the provisions of Article 22 of these regulations by operating without approval, or changing the business scope without authorization, purchasing, misappropriating or deducting the remaining silver, shall be fined or confiscated by the administrative department for industry and commerce. If the circumstances are serious, the business license may be revoked and ordered to suspend business. "

In a word, if you want to borrow money, you can find some professional platforms to borrow it, but you must find a formal and legal platform and don't do anything illegal. Moreover, when conducting cash transactions, you must be careful not to disclose your personal information at will to prevent it from being used by criminals.