WIN IN FOREIGN EXCHANGE

Service Profile

Import refinancing refers to the short-term trade financing under import business, in which the bank instructs the paying bank to pay the import payment in advance based on the application of the customer (importer). On the financing maturity date, the importer returns the financing principal and interest to the bank, and the bank returns the short-term trade financing to the paying bank.

Service Advantages

We can handle import refinancing under various settlement methods such as import letter of credit, import collection, and outward remittance.

Within the short-term foreign debt balance indicator, we can handle overseas payment services for customers with a "letter of credit term plus overseas payment term exceeding 90 days".

Service Function

Relieve temporary financial constraints - customers do not need to pay the full amount to obtain import documents, and pick up the goods as soon as possible to enter the production, processing, and sales procedures, accelerating capital turnover.

Delaying payment terms and reducing the occupation of own funds - prolonging the production and sales cycle, customers can even return our bank's financing after the goods are sold, reducing the occupation of own funds.