Trade Finance

International Trade Finance

Import Trade Finance

• Offer corporate customers import L/C issuance, import L/C negotiation, import purchase order finance, supply chain finance, etc.

Export Trade Finance

• Offer corporate customers export L/C negotiation, international L/C forfaiting, export L/C packing loan, export order finance, international factoring, etc.

International Settlement

• Offer corporate customers import collection, export collection, export L/C documentary collection, L/C advising/transfer, standby L/C, bank guarantee, etc.

Domestic Trade Finance

Electronic Bank Acceptance Bill

• Customers may use electronic bank acceptance discount, acceptance, collection, pledge services through the Bank’s electronic commercial draft (“ECD”) system.

Commercial Invoice Finance

• A buyer of a local trade may pledge the account receivables to the Bank to receive accommodation of funds from the Bank once the account receivables are received.

Local L/C

• The local L/C business undertaken by the Bank includes local L/C issuance, amendments, L/C and L/C amendment advising, forwarding documents for reimbursement, forfaiting. This is to ensure that both the buyer and the seller can deliver/receive goods that meet the quality and quantity prescribed in the contract on schedule to meet both parties’ finance needs through the Bank’s credit intermediation.

Account Receivable Financing

Factoring

• The Bank’s factoring business includes single-factor, two-factor, and credit insurance factoring.
• Under the premise that the fact of the seller’s debt assignment to the Bank occurs and that the debtor (i.e. the buyer) has been advised, the Bank offers to bear the buyer’s credit risk and offers accommodation services subject to the assigned debt of account receivables.

Supply Chain Finance

• This is a factoring business that targets buyers.
• The Bank offers services to 1) make payments on behalf of buyers through factoring without recourse for financing of suppliers’ account receivables from their core counterparties; and 2) make early payments to suppliers for accommodation.