ICNEA 7296—Non-financing guarantee service

Where 7296 sits

1. L Leasing and business services
2. 72 Business service industry
3. 729 Other business services
4. 7296 Non-financing guarantee service

What 7296 includes

• Includes the following non-financing guarantee service activities：
• Contract performance guarantee service
• Other guarantee services
• Refers to the activities of a professional guarantee institution that the guarantor and the creditor have agreed that when the debtor fails to perform the debt, the guarantor will perform the debt or assume responsibility in accordance with the agreement; excluding loan guarantee services and reputation guarantee services, the relevant content is included in the corresponding financial industry.

What 7296 excludes

• Loan guarantee services, included in 6999 (others do not include the financial industry)
• Financing reputation guarantee service, included in 6999 (others do not include the financial industry)
• Issuance of bond guarantee services, included in 6999 (others do not include the financial industry)
• Engineering guarantee services, included in 7481 (Engineering management services)

7296 in other systems