Introduction to Integrity Guarantee
Good faith will guarantee is an innovative credit service of the World Credit Organization (WCO). Applicable standard: "ICE8000 International Credit Standard System Integrity Guarantee Standard" (https://www.ice8000.org/aenhw/gc/92.htm)
The main content of the honesty will guarantee service: credit institutions will provide guarantees for the organization's honesty and will after the organization establishes ICE8000 credit files or meets other conditions according to the organization's application. If the organization has dishonest behavior, the credit agency will help the victim to punish the organization for credit and hold the organization accountable. The credit institution shall not undertake the repayment obligation for the organization's breach of contract.
The value of honesty and willingness guarantee service to customers is: to prove to organizational stakeholders that the organization has honesty and willingness, so as to dispel the anxiety of stakeholders. When disputes arise between organizations and their stakeholders, they can use the ICE8000 dispute resolution mechanism to resolve disputes.
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