WIN IN FOREIGN EXCHANGE

Service ProfileService Profile

Order financing, also known as packaged loans under non letter of credit, refers to short-term trade financing that customers (exporters) apply to our bank for performance activities such as material preparation, production, and shipment of export goods through remittance and documentary collection methods, based on qualified export contracts or orders.

Service Advantages

The financing amount is generally 80% of the cash on delivery part of the contract or order, up to 90%.

The financing period is the delivery date agreed in the contract or order plus a certain Grace period, up to 3 months.

The financing currency can be RMB or foreign currency.

Service Function

Solve the financing needs of customers during the stocking stage.

Expanding customers' financing options under remittance and collection settlement methods.

Export Commercial invoice financing refers to the financing business that the customer (exporter) applies to the bank for transferring the creditor's rights of accounts receivable under the export Commercial invoice to the bank after shipping goods or providing services in accordance with the contract when selling goods or providing services to the importer by credit (O/A), D/A and other credit methods.

Service Advantages

The financing amount can be up to 80% of the invoice receivable amount.

Financing currency can be foreign currency or RMB.

The financing period can be up to one year.

Service Function

Accelerate capital turnover - under the credit sales mode, the export Commercial invoice financing can be used to recover the payment in advance and accelerate the turnover of working capital;

Increasing trade opportunities - can provide importers with more convenient deferred payment terms, thereby increasing trade opportunities and expanding market share.