Purchase Order Banker in China Guangzhou –Free Word Template Download with AI

Banker Equipment, Systems & Professional Services
China Guangzhou Region

This Purchase Order is issued by Guangzhou Pacific Financial Group Co., Ltd. (hereinafter referred to as the "Buyer") to Meridian Banker Solutions International Ltd. (hereinafter referred to as the "Seller") for the supply, delivery, installation, and commissioning of comprehensive Banker-grade equipment, banking infrastructure, and associated professional services. The term "Banker" as used throughout this Purchase Order refers to the full suite of professional banking hardware, software platforms, security systems, and advisory services required to establish and operate a fully compliant banking operations centre in China Guangzhou in accordance with the regulations of the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC).

All payments under this Purchase Order shall be made in Renminbi (CNY) via wire transfer to the Seller's designated bank account in Guangzhou, China, unless otherwise agreed in writing. The payment schedule for this Banker procurement is as follows:

• 30% Advance Payment (CNY 6,790,848.00): Due within 10 business days of mutual signature of this Purchase Order, to initiate manufacturing and procurement of Banker hardware components.
• 40% Progress Payment (CNY 9,054,464.00): Due upon completion of the Banker Operations Centre fit-out and successful Factory Acceptance Testing (FAT) of all ATM/CDM terminals, to be conducted at the Seller's facility in Guangzhou.
• 20% Commissioning Payment (CNY 4,527,232.00): Due upon successful Site Acceptance Testing (SAT), full installation, and PBOC pre-licensing inspection clearance at the China Guangzhou delivery location.
• 10% Retention (CNY 2,263,616.00): Due 12 months after final commissioning, subject to satisfactory performance of all Banker systems and resolution of any outstanding defects or warranty claims.

The Seller shall deliver all Banker equipment and materials to the Buyer's premises at 388 Tianhe Road, Tianhe District, Guangzhou, China, no later than 15 November 2025. Installation and commissioning of the Banker Operations Centre, ATM/CDM network, security systems, and software platforms shall be completed no later than 15 January 2026. The Seller is responsible for all logistics, customs clearance (where applicable for imported Banker components), insurance during transit, and on-site installation within China Guangzhou. The Buyer shall provide the Seller with reasonable access to the delivery site, including loading dock access, electrical connections, and network infrastructure readiness, at least 14 days prior to the scheduled installation date.

The Seller warrants that all Banker hardware supplied under this Purchase Order shall be new, unused, and free from defects in materials and workmanship for a period of 36 months from the date of final commissioning in Guangzhou. The Banker software platforms carry a 60-month warranty covering bug fixes, security patches, and regulatory compliance updates. The Seller shall maintain a dedicated after-sales support office in Guangzhou, China, staffed by qualified Banker technicians available 24/7 for critical system failures and 8:00–20:00 (CST) for routine maintenance. Response time for critical Banker system outages shall not exceed 4 hours, with on-site attendance in Guangzhou within 8 hours.

This Purchase Order shall be governed by and construed in accordance with the laws of the People's Republic of China. Any disputes arising from or in connection with this Purchase Order, including disputes relating to the supply, installation, or performance of the Banker systems in China Guangzhou, shall first be resolved through good-faith negotiation between the parties. If negotiation fails within 30 days, the dispute shall be submitted to the China International Economic and Trade Arbitration Commission (CIETAC) in Guangzhou for arbitration in accordance with its then-current rules. The arbitral award shall be final and binding upon both parties.

• This Purchase Order constitutes the entire agreement between the Buyer and the Seller with respect to the Banker procurement described herein and supersedes all prior negotiations, representations, and agreements.
• Neither party may assign its rights or obligations under this Purchase Order without the prior written consent of the other party.
• The Seller shall comply with all applicable laws, regulations, and CBIRC/PBOC requirements in the People's Republic of China, including data localisation mandates under the Cybersecurity Law of the PRC, in connection with the Banker systems deployed in Guangzhou.
• Time is of the essence. Delays in delivery or commissioning of Banker equipment beyond the dates specified herein shall entitle the Buyer to liquidated damages of 0.5% of the total Purchase Order value per calendar day of delay, up to a maximum of 10%.
• All communications regarding this Purchase Order shall be in writing and directed to the contacts listed in Section 1. Electronic communications (email) shall be deemed received on the next business day following transmission.