Product Name

Export Bill Purchase

Description

Export Bill Purchase services are provided by Bank of China Limited Macau Branch. Short-Term finance supplied by Bank of China with the export bill as the mortgage as required by the exporter after delivery of goods and provision of the documents requested by the letter of credit or the contract.

Features

1. Acceleration of capital turnover. The exporter can be paid in advance before receiving payment from importer, so that capital turnover can be speeded up;

2. Simplification of financing procedures. Financing procedures are simpler than those of working capital loan;

3. Improvement of cash flow. The financial condition is improved by increasing current cash flow;

4. Less financial expenses. The customer can choose the funding currency in accordance to the interest rates of different currencies in Bank of China, so as to minimize the financial expenses.

Target Customers

1. Exporters who have limited working capital and have to develop business by rapid capital turnover;

2. Exporters who encounter the temporary difficulty in capital turnover during the period between goods delivery and receipt of payment.