You have sufficient capital overseas, but have difficulties in making transfers because of China' s foreign exchange policy. Your associated company in China needs working capital for their business operations. To overcome the difficulties in making these transfers, we are able to issue a standby letter of credit (SBLC) on your behalf in favor of domestic branch of CMB, in terms of your marginal deposit in your offshore banking account with us. The domestic branch of CMB will grant, against the SBLC we issued, a credit line to your associated company in China who needs capital.

Remarks:
1) applying for the SBLC
2) issuing of the SBLC
3) granting a credit line

We carry out the whole process for you within our bank, from issuing a letter of credit to the loan being granted. We know time is money so this will be done efficiently. You will also receive accrued interest at a competitive level on the capital deposited in your marginal account during the time your associated company uses our loan facility.