Commercial draft discount refers to the service, with which, the supplier, after selling its commodities, applies to the China Merchants Bank for discount with the banker' s acceptance draft or commercial acceptance draft issued by the purchaser. The China Merchants Bank, after examining the draft, honors the request.

Types of Service
·Commercial draft discount at buyer' s interest cost: The purchasing enterprise
    shoulders the interest from commercial draft discount at buyer' s interest cost;
·Commercial draft discount at other' s interest cost: A third-party enterprise shoulders
    the interest from commercial draft discount at other’s interest cost

Service Features
1.  Simple procedures
2.  Low cost for corporate fund raising;
3.  Helpful for buyers to achieve commercial discount.