Business introduction

Refinancing of export credit papers means that after the bill of exchange under usance letter of credit is received by the issuing bank, the bill of exchange under documentary bill of collection is affixed with Per Aval by the bank, our bank shall pay the residual payment to the bearer after deducting the discount interest and relative handling charges under par, before the date due.

Serving function

To meet the client’s needs to draw the export proceeds receivable ahead of schedule, in order to quicken capital turnover.

Business features

1) To quicken capital turnover: to recover forward creditor’s rights at sight and to help you  alleviating the pressure of fund.

2) Simple financing procedures: it does not take up your credit line and is simple to operate.