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Import T/T Financing
2017-10-26
(I) Product function
After the arrival of the imported goods, the clients (importers) will apply to our Bank for the advance payment of the goods to the overseas exporters
(II) Business characteristics
1. The cost is relatively low and the operation is easy;
2. Maintain excellent business reputation, and strengthen competitiveness in the international market;
3. Apply to the method of payment on delivery.
4. The financing currency and term are consistent with the trade currency and cycle of import and export.
(III) Applicable objects
1. Importers who need to pay for the goods under the import.
(IV) Business procedure
1. The clients (importers) apply to our Bank for review of the limit of credit extension;
2. The clients submit materials to our Bank, including financing application, relevant documents, financing agreement, etc.;
3. After passing the review, our Bank will issue the financing funds to the clients;
4. When the financing is due, the clients will repay the loan with their own foreign exchange or foreign exchange purchase.
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