1. Packing Loan

Bank of Communications provides the service of a short-term financing facility against the valid original L/C, and lends money to the exporter for material purchase, production, processing and shipping of exported goods in a sum proportional to the L/C amount.

2. Export Invoice Finance

Under the payment method of T/T, the exporter, after delivered the goods under contract, may apply to Bank of Communications for the short term receivables finance against their invoice and other shipping documents.

3. Export Bill Purchase

Bank of Communications (BOCOM) provides the service of a short-term financing facility against the export shipping documents presented under valid original L/C. Exporters may get the money right after presenting shipping documents to BOCOM.

4. Export Collection Finance

When exporters use D/A or D/P collection method as a payment facility, before receiving payment from overseas banks, they can apply to Bank of Communications for finance against the export collection documents.

5. Import Loan

At the request of the L/C applicant, Bank of Communications using this trade finance product to facilitate the L/C applicant’s payment to the negotiating/presenting bank.

6. Import Collection Finance

Bank of Communications provides this trade finance product to importers, based on their applications and using inward collection documents as collateral, so that they may use the money make payment to exporters.

7. Shipping Guarantee

This trade finance product is a L/C import facility provided by Bank of Communications (BOCOM) to the applicant, at the applicant’s (importer’s) request, issue a Shipping Guarantee for the importer to submit to the Shipping Company for picking up arrived goods before original transport documents (Bills of Lading) arrive.

8. Forfeiting

Bank of Communications discounts, without recourse, the exporters’ usance bills/documents accepted or guaranteed by other banks or financial institutions, so that the exporters receive the money in advance.

9. Import T/T Remittance Finance

Under the payment method of cash on delivery, when the goods arrive, the importer may apply to Bank of Communications for this short term finance, so as to effect the payment to the exporter.