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| Export bill purchase refers to the business in which our bank, according to the application of letter of credit beneficiary and after implementing full guarantee condition or within the line of credit, uses the export remittance under the letter of credit as the first repayment source to provide working capital finance. According to different letter of credit payment periods, it can be divided into export bill purchase under usance letter of credit and export bill purchase under sight letter of credit. According to whether the document conforms to the letter of credit or not, it can be divided into the export bill purchase with consistent document and export bill purchase with inconsistent document. |
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