Letter of Credit
Import collection: upon receipt of commercial documents, or
commercial documents and financial documents from the remitting bank, we shall
notify the drawee in accordance with the instructions of the remitting bank and
pay against the drawee's payment or D/A.
Export collection: in accordance with the client's
entrustment and instructions, we send the commercial documents, or commercial
documents and financial documents submitted by the client to the collecting
bank for collection of export funds.