| Remittance financing (T/T financing) refers to under the remittance settlement method, our bank provides working capital financing according to the application of importer/exporter after implementing full guarantee condition or within the line of credit. The remittance financing includes import remittance financing (import T/T financing, including import goods arrival remittance financing and import prepaid goods payment financing) and export remittance financing (export T/T financing). Import T/T financing refers to the business in which under the goods arrival remittance of prepaid goods payment, before the import goods sales return, the importer applies to our bank for capital working finance to making external payment or prepaying the import goods payment. Export T/T financing refers to the business the exporter applies to our bank for working capital finance after exporting goods and before receiving the goods payment of foreign importer. |
