Import Trade Finance
Letter of Credit (L/C)
We understand that you as the importer want to make payment to the exporter after receiving the documents conforming to the requirements. We can make an irrevocable promise to your exporter on your behalf through an L/C, and shall make the payment for the goods or service within the specified time limit after the supplier submits the documents in accordance with the terms of L/C.
Back-to-back L/C
If you are engaged in the business of acting as a middleman or sales agent, we can issue a back-to-back L/C to your supplier to purchase goods and services according to the L/C in your favor.
Standby L/C
A standby letter of credit is an irrevocable payment commitment made by us according to your instructions, usually used as a credit guarantee of a third party.
Letter of Guarantee
Letter of Guarantee is an irrevocable payment commitment made by us for the parties to which you are responsible for failing to cover the obligations or any breach of contract.
Letter of Guarantee for Production of Bill of Lading
Letter of Guarantee for Production of Bill of Lading is the guarantee we sign for you when you fail to provide the original shipping documents to the shipping company.
Trust Receipts Loans
You can obtain the shipping documents under the L/C or documentary bills for collection through the signed trust receipts. This arrangement refers to the fact that when you use the relevant goods, they still belong to the bank (i.e. holding the goods in the form of a trust) until you repay the loan.