Domestic Letter of Credit

Product Introduction

A Domestic Letter of Credit is a settlement method in which our bank, at the request of a buyer in domestic trade (within the Chinese mainland, excluding Hong Kong, Macao, and Taiwan), issues a written undertaking to the seller to make payment against documents that comply with the L/C terms. Multiple financing services can be structured under a domestic L/C based on the client's needs.

Product Features

Used to meet clients' needs for domestic trade settlement and financing.

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