Forfaiting

Product Introduction

Forfaiting is the without-recourse purchase by our bank of undue debt claims arising from transactions of goods, services or assets. Typically, such debt claims have been accepted, undertaken or guaranteed by a financial institution.

Product Features

Without occupying the client's credit line, the forfaiting service provides a fixed-rate, without-recourse buyout. It effectively meets the client's comprehensive needs, such as mitigating risks, increasing cash flow, improving financial statements and obtaining early tax rebate verification and write-off.

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