Export Bill Advance / Discounting

Product Introduction

Export Bill Advance refers to the short-term financing provided by Bank of China with recourse to the exporter, against the export documents submitted by the exporter after shipment, under a letter of credit or collection settlement method.

Export Discounting refers to the short-term funding service provided to the exporter, in which Bank of China purchases with recourse, usance documents that have already been accepted or guaranteed by a bank under a letter of credit or collection settlement method.

Product Features

This helps clients accelerate the collection of funds and improve capital utilization efficiency.

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