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Exporter's Credit as Agent for China Import & Export Bank


According to the Authorization Agreement, our bank is allowed to agent for China Import and Export Bank to supervise the use of loan fund and the implementation of export project, process the settlement under the loan, supervise the operation management of the borrowers and guarantors, assist to supervise the collateral properties, in order to ensure exporter’s loan is used specifically and collected securely. Our bank will charge a certain agent fee for this agent business.
If your company assumes to exports machinery and electrical products, full set equipments and high-tech products, this may cause you short of fund (RMB/foreign exchange) due to defer payment term. You can apply export seller’s credit with our bank agent for China Import & Export Bank.

   Amount

The exporter’s maximum credit amount does not exceed the total export cost minus deposit and fund raised by the enterprise itself, in which, the foreign exchange loan maximum amount does not exceed the total import foreign exchange limit.

   Term

Maximum no more than 10 years (including extension term)

   Interest Rate

The interest rate for the export seller’s credit agent for China Import & Export Bank should be carried out in accordance with People’s Bank of China’s relevant policy loan interest rate. Since export seller’s credit is a policy loan that China Import & Export Bank encourages the enterprises satisfying certain requirements for designated merchandise scope, the interest rate is usually lower than the commercial loan.




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