International trade financing includes the following services:
Import bill advance under L/C refers to a service of financing to pay the L/Cs by taking the property in imported goods under L/C as the control means upon application by the applicant, after Bank of Fuxin, as the issuing bank, has received the documents under the L/C.
Inward bill purchased under collection means that the Bank releases documents in the form of trust receipt and makes payment in advance at the request of the payer, after it has been agreed that the documents and goods under import collection are owned by the Bank.
Packing loan refers to short-term pre-shipment financing required by the export enterprises for purchase of raw materials, production and other services with the L/C approved by Bank of Fuxin after having received an overseas valid L/C.
Shipping guarantee refers to a service that the goods under the L/C have arrived at the port, but the relevant shipping documents have not yet been delivered, and a shipping guarantee is issued to the shipping company upon application by the applicant to facilitate the delivery of goods.
Outward bills purchased under L/C is a short-term export financing service in which the export enterprise transacts the documents under L/C with Bank of Fuxin, and the Bank has recourse to the documents under the L/C for financing.
Outward bills purchased under collection is a financing activity that the export enterprise transacts the documents under export collection with Bank of Fuxin and the Bank, upon application, grants loans to the clients according to a certain proportion of the receivables from export collection, which is first used to repay the principal and interest of the loans.
Export commercial invoice financing refers to a trade financing service provided by Bank of Fuxin to the exporter under sales on credit by virtue of the commercial invoice issued by the exporter, with the receivables from the goods as the first source of repayment.