Export credit trade financing
Export trade refers to the l/c according to the requirements of customers (exporters) in the submitted under l/c in favor of the l/c and a full set of documents, the set of export documents under trade receivable solution pays the customer first, and then vouchers according to the financing behavior of reimbursement from the issuing bank.
General financing amount account for up to 100% of total amount of the l/c;
Financing period is usually up to 180 days after the credit period;
It only employ the credit limit of financial institution of the issuing bank, which does not employ credit limit of the customer, and does not require additional guarantee to be provided.