International  Banking
The Brand
Services Mart
International Settlement
Trade Financing
  Export Bill Purchase /Discount
  Finance for Cost of Freight and Insurance for International Trade
  Shipping Guarantee/Bill of Lading Endorsement
  Export Invoice Credit
  Payment against Import
  Advance Against Import Document
  Export Purchase Order Credit
  L/C Confirmation
  Import Factoring
  Export Factoring
  Forfaiting
  Import bill purchase
  Packing Loan
  Short-term Export Credit Insurance Facility (Credit Insurance Facility)
  Import T/T Credit Facility
International Financing
FX Guarantee
Commercial Package
Overseas Branches
Featured Product
Security Deposit Ledger for Processing Trade
 
  Home Page > International Banking >Trade Financing >Export Invoice Credit
Export Invoice Credit
 

I. Introduction
ICBC offers credit when your company and importer agree to settle on a term of credit sale. To apply, submit the commercial invoice and documents to ICBC to proceed. 

II. Features and Advantages
1. Receive the payment of goods in advance, speed up the cash turnover;
2. Settle the F/X in advance, lock down the risk in exchange rate.

III. Target Clients
After the shipment of your goods.

IV. Operation Guide
Your company has to sign the Export Invoice Credit Agreement with ICBC one time and submits the following:
1. Export Invoice Credit Application Form;
2. Import/export contract, stated in the Contact that your company has to submit full set of commercial documents (commercial invoice and full set of bill of lading).

V. Application Conditions
1. Your company must be rated by ICBC with an approved credit line;

VI. FAQ
1. ICBC will grant a short-term loan in a ratio of the amount you claimed from the counterparty.

VII. Statement
Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final rights of interpretation. Refer to the announcements and regulations of local branches for further details.


Close