Main products of financing win-win chain

Export agent payment, import guarantee payment, export certificate and the issuance of future cargo rights are the main products of "financing win chain" in the field of international trade financing, which are highly concerned by import and export enterprises.

Export payment: using international funds to reduce financing costs

Export agency business refers to the short-term financing business provided by Huaxia Bank to export customers by submitting export documents that meet the requirements of export bill business to the bank. After the payment by the export agent is due, the issuing bank/importer will pay the agent bank directly.

Huaxia Bank took the lead in launching the export agent payment business in the industry, and cooperated with a number of agent banks in this business, with wide and smooth channels. This product helps to reduce the pressure of enterprise liquidity; International money market funds can be used to effectively reduce financing costs.

Import guarantee: improving the bargaining power with bank credit

Import guarantee business refers to the business that Huaxia Bank, on the basis of the importer's (payer's) acceptance of the forward commercial draft under import collection, adds a guarantee to all or part of the draft amount at the importer's application to ensure that the guaranteed amount is paid to the payee on time when the payer refuses to pay or delays payment.

Import guarantee business enables importers to reduce the risk of foreign exchange collection through bank credit, facilitates exporters to obtain financing under D/A, and improves importers' bargaining power. Compared with the import letter of credit business, the cost of import letter of guarantee payment business is lower, and enterprises can save bank fees and reduce financial costs.

Export Pass: Revitalize accounts receivable and improve asset utilization.

Export Certificate Pass is another important product under Huaxia Bank's "Financing Win Chain" brand. It refers to the trade financing business that Huaxia Bank accepts the export benefit right for export letters of credit, documents under export letters of credit/collection/remittance and export tax refund escrow account that meet the requirements of the bank at the request of export customers, and opens RMB bank acceptance bills or import letters of credit for customers to purchase raw materials.

This product can use a variety of export beneficiary rights to connect export and procurement, which is convenient for domestic and foreign procurement needs. It has the characteristics of "more, faster, better and more economical": there are many kinds, which are suitable for settlement methods such as letter of credit, collection and remittance, and can be applied in preparation, production, shipment and tax refund; Quick approval, one-stop financing for export procurement, only one application; If the replacement is good, you can submit new documents to replace the original documents, which is convenient for extracting and withdrawing remittance items; Save costs, without paying interest.

Opening a Letter of Credit with Forward Futures Rights: Breaking through the Guarantee Restrictions and Expanding Financing Channels

Opening a letter of credit for future cargo rights refers to a short-term financing business provided by Huaxia Bank after the importer pays a certain percentage of the deposit and controls the future delivery rights under the letter of credit with reduced deposit. In the future, the financing forms of cargo right letter of credit include import letter of credit, import bill of exchange and payment for import goods on behalf of others.

The issuance of futures cargo certificate is an important product for Huaxia Bank to integrate domestic and foreign supply chain finance business. Combining import financing with domestic logistics financing can solve the importer's import financing demand when the traditional guarantee method is insufficient, provide the importer with the whole financing service in the process of import, production and sales, and enable the importer to expand the import scale with less self-owned funds.