Forfaiting
Our bank may buy the receivables under letter of credit accepted by the issuing bank from customers and provide without-recourse financing, without occupying the customers' credit limits. This provides immediate liquidity to customers and reduces customers' receivables and related risks (including country, buyer credit and exchange rate risk), so as to help customers to optimize financial statements and effectively transfer the credit risk, country and policy risks of issuing bank.
Features and Advantages:
- With our dedicated bills team and the worldwide network of Bank of Communications, we can provide comprehensive, suitable and professional services tailored to our clients' needs in international trade transactions.
- Experienced bills team can help clients on the letters of credit / collection and other professional issues, to help resolve disputes on the bills, providing customers with reliable and flexible trade related services.
- By import and export trade financing, our bank helps importers improve the cash flow of and maintain the smooth operation of supply chain, and allows export enterprises to smoothly use the payment of goods received in the earliest possible time and at the same time transfer the risk on receipt and payment of funds.
Offshore Financing with Guarantee from PRC
Offshore Guarantee for Financing in PRC
