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I. Introduction
A package of export invoice credit facility involved in sport FX settlement, RMB finance and Global Transfer.
II. Features and Advantages
1. Receive the goods payment in advance and speed up the cash turnover.
2. Settle the FX in advance, lock down the risk in exchange rate.
3. Capital-protected, increase value.
III. Target Clients
Exporters who prefer to settle goods payment by O/A (credit sale).
IV. Application Conditions
1. Your company must be rated by ICBC with an approved credit line. No need to rate your company and occupy your company's credit line if the settled RMB is deposited back and frozen in ICBC;
2. Less income if RMB valuation does not fall on the expected range.
V. Statement
Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final right of interpretation. Refer to the announcements and regulations of local branches for further details.
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