Import L/C issuing financing service is a kind of financing product that clients provide advances up to 30% as deposits and we will open full sight of L/C financing products to foreign sellers in accordance with their requirements. According to clients’ qualifications and cooperation experience, we will give our clients a certain line of credit, review the qualifications of the foreign sellers and the qualifications of foreign banks as well as the foreign trade contracts, and issue L/C at sight when the clients pay the advances of the value of L/C up to 30% as deposits. With our creditability at banks and without full deposits, this business can issue L/C to meet the needs of using L/C settlement to help our clients to reduce the credit risk of foreign sellers.
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