ACCOUNT MANAGER, INTELLIGENT WEALTH MANAGEMENT, LIFE SERVICES,
SECURITY, COME AND EXPERIENCE NEW FINANCIAL SERVICES!
ACCOUNT MANAGER, INTELLIGENT WEALTH MANAGEMENT, LIFE SERVICES,SECURITY, COME AND EXPERIENCE NEW FINANCIAL SERVICES!
Introduction:
It is business that customer transfers accounts receivable to our bank after selling goods to the importer under O/A or D/A,and our bank provides short-term financing with recourse.
Feature:
Customer can get the financing before payment by the importer so as to speed up the turnover of funds.
Service object:
Export corporate customers which have cash-flow problem under O/A.
Business process:
i.Customer shall present application for export commercial invoice financing and transfer accounts receivable to our bank after having made shipment;
ii.The customer shall provide approved guarantee and sign《Contract on export commercial invoice financing》 and 《contract on guarantee/mortgage/pledge》(if necessary) after approval;
iii.Our bank thereafter makes the financing after examining authenticity of the documents and trade;
iv.The importer shall make payment to our bank on expiry of accounts receivable, our bank deduct principle and interest of the financing, and release the balance (if any) to the exporter.
