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Corporate Banking

Inward Remittance Financing

Introduction

It refers to the way of financing that under the mode of using remittance settlement by an import enterprise, when imported goods arrive in the port and payment is required, our bank will advance this payment for the import enterprise to the foreign exporter if the import enterprise has difficulty in capital turnover, and that this payment for the goods will be returned to our bank after the goods are sold and the money for the goods is withdrawn from circulation.


Scope of application

Unit customers engaged in import trade.


Features

· Retire document, take delivery of goods and enter into production rapidly.

· Solve the pressure from the funding gap and expand production.

· Alleviate the pressure from capital occupation and speed up capital turnover.


Conditions

1. Customers present an application to our bank for handling import TT financing business and submit the relevant application information.

2. Our bank goes through the internal examination and approval procedures for the accepted businesses.

3. The financing is provided to the applying enterprise and external payment is made.

4. The line of credit for related financing is deducted and the financing is provided.

5. The line of credit for relevant financing is resumed after the customer makes the repayment upon the maturity date.


(Note: For details, please call 961 111 or come to the nearby GRCB outlet.)

Call Centre 961111 Micro Loans Services

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