L/C Advanced Payment Service is we provide the clients who have received a qualified L /C with special funds for sourcing and production in order to support the exporters to fulfill the contracts and arrange shipment and delivery on schedule. We will review the issuing bank and terms in the draft of L /C, and foreign buyers will open an irrevocable L /C to us according to the proved draft, then clients will provide us with qualification certificates and pay part of the deposit, We will pay advanced deposits of production for clients and transact documentary bills on goods, or the issuing bank will advance the payment of goods after acceptance and export. By the use of part of the deposit and our credit in the bank, this business simplifies clients’ financing procedures, solves financing problems in export by leverage effect and helps clients accelerate the speed of cash flows.
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