Service Profile

Collection bill purchased refers to the business of requesting the bank to advance part or all of the payment to the customer (exporter) who adopts the collection settlement method, while submitting the documents and entrusting the bank to collect the payment from the importer, and then returning the financing to the bank after the collection.

Service Advantages

The financing amount can be up to 80% of the amount of accounts receivable; the financing period can be up to 90 days.

The currency of the export collection charge can be RMB or foreign currency.

Service Function

Simple procedures - Compared to working capital loan business, the procedures for export collection and negotiation are simple and feasible.

Accelerate capital turnover - Customers can receive bank reimbursement before the importer pays for the goods, accelerating capital turnover.