In recent years, many overseas companies are set up by domestic enterprises to facilitate their import and export operations, mainly attracted by the factors like lower financing cost, simpler trade formalities, and limited barriers. However, such overseas vehicles often find it difficult to access funds essential for development, hurdled by their inherent shortage of registered capital and business history records.
To address the inward and outward trade chain financing demands for overseas vehicles, CMB’s Offshore Banking Department (OBD) has launched a comprehensive set of services to enable the vehicles to access funds abroad directly with lowered financing costs and limited forex risks. The services also help the vehicles to gain sound credit records and business acumen in international arena.
|Import L/C ||Export Bill Purchase|
|Back-to-Back L/C||Export Collection Bill Purchase|
|Overseas L/C issuance and finance||Outward T/T Finance|
|Import Bill Purchase||Forfeiting|
|Import Collection Bill Purchase||Export Factoring|
|Inward T/T Finance||Export Credit Insurance Financing|
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.