Letter of Credit Transfer
Our bank provides letter of credit transfer service to customers who are trade intermediaries. Customers, as the beneficiary of transferable credit, can request our bank to transfer all or part of the rights to customers' suppliers, without occupying any credit line.
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.