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Credit Insurance Financing
1 Product Introduction

Sinosure’s credit insurance financing is a product jointly launched by CMB and China Export & Credit Insurance Corporation (Sinosure). The product, combining export credit insurance and bank financing, can be customized to meet specific needs of customers. After shipment of goods, exporters who have bought short-term export credit insurance from Sinosure, can transfer the compensation-related rights to CMB to get export trade financing.

2 Target Customers

The product is applicable to export contracts which are paid via D/P, D/A and L/C. Under special circumstance, the product can be used in export transaction via O/A terms upon customers’ request.

3 Product Advantages

1、 Controlling credit risks and providing more protection for receipt of proceeds.

2、 Enjoying the low-cost export financing support from CMB.

3、 Boosting competitiveness in international market.

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.