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Medicine drawn right financing
Third-party debt repayment enables the borrower to authorize its account opening bank to deduct a payment from the third party's account after receiving the financing bank's repayment notice, and thus repay the loan for the borrower.     
It applies to bank drafts with producers as payees. 

Medicine must be GMP-certified by the State Food and Drug Administration.

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.