The Bank hereby confirms that it has the necessary approval from relevant State Administration of Foreign Exchange for the issuance of this letter of undertaking and it undertakes to have this letter of undertaking duly and registered with the said SAFE according to the relevant regulation in due course.
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銀行特此確認, 其必需取得有關外匯管理當局對于保證書的批準, 并且保證書需符合外管局相關程序的法規且已適時登記。SAFE即:State Administration of Foreign Exchange 的縮寫,外管局
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隨便翻譯一下