Transactional Trade Finance
Product Description
Refers to Short-term commodity financing in which the goods serve as collateral and the sales proceeds are used to repay the loan in a self-liquidating structure.
Bank of China can provide bilateral trade finance to commodity traders to facilitate their daily trade transactions and improve cash flow.
Product Features
The bank assesses and manages the product risk on monitoring the transaction cycle, tracing or controlling the goods being traded and strictly following the operation rule of trade finance instruments, rather than relying on customers’ pure credit.
