Finance Seal

The Finance Seal is a specialized stamp used by foreign trade enterprises for financial transactions and fund settlements. It typically bears the company name, the words 'Finance Seal', and a serial number. It is mainly used to stamp and confirm financial documents such as bank instruments (e.g., drafts, promissory notes, checks), remittance applications, documents for negotiation under letters of credit, invoices, and receipts, thereby proving the company's recognition and authorization of the relevant fund receipts and payments. Usage scenarios include: submitting applications for foreign exchange settlement/purchase to banks, issuing commercial drafts, processing payment instructions under telegraphic transfers (T/T) or letters of credit (L/C), and account reconciliation confirmations. Precautions: The Finance Seal has legal effect and must be kept by a designated person in the finance department; use of the seal requires registration and approval; it must not be confused with the Company Seal, which is used for contracts, legal documents, and other general matters, while the Finance Seal is dedicated to fund-related business; in L/C transactions, if a 'Finance Seal' is required, the L/C terms must be strictly followed to avoid refusal of payment due to seal discrepancy. Difference from the 'Legal Representative Seal': the Legal Representative Seal represents the individual legal representative and is often used for bank account opening, check endorsement, etc., while the Finance Seal represents the company's financial acts. Foreign trade practitioners should ensure the Finance Seal is registered in the bank's specimen seal records and pay attention to differences in the recognition of seal validity across countries/regions, using a signature in conjunction when necessary.