Rong Huo Da (Commodity-backed Financing)

Product Introduction

Rong Huo Da is a trade finance service provided to clients under commodity trade settlement, using electronic warehouse receipts for bulk commodities that meet our bank's requirements as collateral.

Product Features

For clients holding inventory warehouse receipts, Rong Huo Da is a flexible form of trade financing. Clients can use their warehouse receipts as collateral for various trade finance activities, including import L/C issuance and bill advance, import collection bill advance, outward remittance financing, and domestic accounts payable financing. This effectively unlocks the value of the client's inventory and serves the real economy.

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Copyright © BANK OF CHINA (BOC) All Rights Reserved.