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Finance against Sinosure’s Credit Insurance Policy
CMB may finance you against Credit Insurance Policy issued by the China Export & Credit Insurance Corporation (Sinosure) covering a buyer’s credit risk under the payment method – Letter of Credit (L/C), outward collection or remittance.
Capability enhanced: CMB’s advance is a significant help for you to negotiate with buyer better contract conditions by accepting longer payment term.
Financial efficiency increased: CMB’s advanceis a significant financial support for your export of goods/service by taking opportunities to sell more and improve cash flow.
Exchange rate risk mitigated: CMB’s advance is a significant tool for you to manage the fluctuation of exchange rates over the payment term.
Buyer’s risks mitigated: Sinosure’s coverage is a significant tool for you to manage buyer’s national, political and financial uncertainty over the payment term.
Workable with Packing Loan: CMB’s advance can be structured with Packing Loan, which is a pre-shipment advance.
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.