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Guaranteed Discount for Commercial Acceptance Bills
 
Under this service model, CMB pledges to give specific acceptors or holders discounts for commercial acceptance bills within a preset discount limit, i.e. to grant discount credit to the acceptors or holders.

Service Types
  • ·
    Discounts for acceptors
  • ·
    Discounts for holders
Features
1. Strengthens the liquidity of commercial bills;
2. Reduces costs of opening bank acceptance bills for acceptors;
3. Enables acceptance bill holders to obtain finance quickly and increase fund utilization efficiency.
Note:
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.