Product Introduction

Rong Fu Da is a service in which our bank, at the request of a correspondent bank (the entrusting bank), provides short-term financing facilities and payment services for its transactions under trade settlement or trade finance. The entrusting bank will unconditionally repay the financing principal and pay interest and fees to our bank on the agreed-upon maturity date.

Product Features

By meeting the entrusting bank's short-term financing needs under import L/C or import collection, this service enables the exporter to receive sight payment.