Global Credit Line
Global credit line is an extension of the application scope of traditional credit line products, and its major function is to fulfill the financing needs of enterprises' overseas affiliates. To be specific, answering to enterprises' strategy of cross-border development, global credit line takes advantages of Bank of China's far-ranging overseas branch networks to provide enterprises' overseas affiliates an overall financing package.
Features
1.It provides customers with prompt, comprehensive and standard bank services by easy and efficient cooperation mode.
2.It allows to economize the cooperation costs of the customer and the bank. By cooperation between enterprises and the bank, the operational procedures are simplified and financing efficiency is improved.
3.It can strengthen the customer's self-financing and centralized management. With the bank's help, the corporate headquarter conducts centralized control over its overseas affiliates' financing and thus enhances management of overseas operational risks.