(1) Customer appoints member to go through formalities regarding warrant declaration;

 

(2) Member submits load-in declaration to the Exchange via the electronic warrant system;

 

(3) Review and approval by the Exchange. In the event of non-conformity, the load-in declaration will be returned to member for modification until it is acceptable;  

 

(4) After passing the review and approval procedures, an acceptance check upon the load-in goods and relevant documents will be conducted by the certified delivery warehouse, and the application for generation of warrant will be filled out accordingly;

 

(5) Member confirms the load-in application for generation of warrant;

 

(6) The Exchange reviews and approves of application for generation of warrant. In the event of non-conformity, such application for generation of warrant will be returned to the warehouse for modification; 

 

(7) After passing the review and approval procedures, a warrant will be generated and issued by the certified delivery warehouse;

 

(8) Customer conducts acceptance check upon standard warrant and confirms its generation. In the event of non-conformity, it will be returned to the warehouse for re-generation of warrant;

 

(9) Determine whether need to settle the overfill and the underfill. If there is no need to settle the overfill and the underfill, then the electronic warrant comes into effect and the generation of warrant is done; 

 

(10) If it is required to settle the overfill and the underfill, such settlement will be conducted and confirmed.