I. Introduction A line up of ICBC banking services is available at different stages of contract negotiation between your company and overseas exporter: credibility check on the overseas exporter, China policy on foreign trade and foreign exchange, settlement option and currency choice, choice of settlement route, payment conditions, trade financing, financing in RMB or foreign currency, RMB financial plan, analysis on the market price of bulk raw material and potential risk.
II. Features and Advantages This ICBC service can effectively control the risk on the trading commodity, partner and country, limit the management policy exposure, reduce settlement cost and payment risk and improve settlement efficiency. Your company will find the service helpful in increasing your bargaining power and profitability.
III. Target Clients When your company starts negotiating contract with your overseas exporter.
IV. Operation Guide For details, check from our Customer Manager or your nearest ICBC.
V. Application Conditions ICBC opinions only serve as reference or suggestion only. Final decision has to be made by your company.
VI. Statement Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final right of interpretation. Refer to the announcements and regulations of local branches for further details.