I. Introduction A line up of packaged products for importers to choose settlement by credit-sale, including payment guarantee, remittance, import T/T facility and buying of forward FX.
II. Features and Advantages 1. A package of services including settlement, financing and exchange risk aversion. 2. Reduce financial cost, avoid exchange rate risk and sharpen competitiveness.
III. Target Clients Importers agree with exporters to settle goods by credit sale, backed by payment guarantee.
IV. Application Conditions 1. Your company must be rated by ICBC with an approved credit line. 2. Payment guarantee and the import T/T facility against the guarantee may under the same credit line. 3. Your company has the option to apply for import T/T facility based on the financial situation of your company.
V. 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.