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Release Time: 2016-09-09Author :JTCBSource:JTCBBrowsing Times :5413
Business introduction
It is a kind of short-term financing way in which the exporter provide the corresponding bank or designated bank with the whole set of export documents and the bank shall deduct the interest from the negotiating date to the exchange collection date and relative expenses according to the amount, then pay the net amount in advance to the exporter.
Our bank conduct the export bill purchases under credit card and under documentary bill for collections.
Serving function
The exporter can draw the amounts under credit card and export collection D/P or D/A from the bank ahead of schedule, to speed up capital turnover, to make foreign exchange settlement ahead of time to avoid the risk of exchange rate.
Business features
1) To speed up capital turnover: you can get the payment before the importer pay the goods, to speed up capital turnover;
2) To improve cash flow: it can increase your current cash inflow volume to improve your financial status and to enhance your financing capacity.
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