International trade business

International trade business

  • Import collection


      Introduction
      The Bank is entrusted by a foreign agency bank or union bank to collect the import money from the importer according to instructions of the foreign agency bank or union bank and to deliver relevant commercial bills to the importer.
      Classification
      Th...

    2018-01-25
  • Export documentary collection


      Description
      It refers to the service of the Bank entrusted by an exporter to collect money from an importer according to the export commercial bills and financial bills.
      Functions
      It is used for meeting the demand of international trade settlement. Compared with...

    2018-01-25
  • Import bill advance


      Production description
      It refers to the short term fund accommodation of paying the import cargo for the importer under import letter of credit or import collection based on effective voucher and commercial bills.
      Functions
      It meets the demand of short term fund...

    2018-01-25
  • Export bill purchased/discount

      Business introduction   The export bill purchased refers to the financing of the Bank to the export bills (including demand bills, forward non-accepted bills or promised payment bills) under the letter of credit with the right of recourse.   The export discount refers t...

    2018-01-25
  • Forward exchange settlement and sales


      Introduction
      A client and the Bank conclude and sign the forward exchange settlement and sales contract through negotiation to specify the currency, amount, exchange rate and settlement date of forward exchange settlement and sales. On the settlement day, the client can...

    2018-01-25
  • Import letter of credit


      Introduction
      It is a kind of payment promise made by the Bank to foreign exporter upon the application of the domestic importer. It promises to fulfill the responsibility of paying the exporter when all articles specified in the letter of credit are met.
      Advantages
    ...

    2018-01-25
  • Export letter of credit


      Business introduction
      The letter of credit is a conditional payment guarantee of the Bank. It is a written guarantee issued by the Bank to an exporter (beneficiary) according to the requirements and instructions of the applicant (importer) to pay a certain amount within...

    2018-01-25
  • Spot exchange settlement and sales


      Introduction
      The spot exchange settlement and sales is the general designation of spot exchange settlement and spot exchange sales. The spot exchange settlement refers to the business of the appointed foreign exchange bank purchasing the foreign exchange from an enterpr...

    2018-01-25
  • International letter of guarantee


      Introduction
      The international letter of guarantee is divided into financing cross-border letter of guarantee and non-financing cross-border letter of guarantee. It is the written promise made by the Bank to the beneficiary upon requirements of the applicant to guarante...

    2018-01-25