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International Banking
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Import Financing

Import Outward Remittance Financing

Import outward remittance financing refers that BRCB finances the applicant in short term to defray outward according to the applicant's requirement after verifying the compliance of regulation and confirming the pledge.

Product features:
(1) Pick up goods first and repay afterwards.
(2) Brief procedure and lower cost.

Operating procedures:
(1)  Client applies for import financing and fills out the application form.
(2)  Applicant shall have the credit line in BRCB. Except for loan condition, client shall provide documents such as import/export operation status and business performance in BRCB.
(3)  Client provides import contract, invoice, transportation documents, and customs declaration.
(4)  BRCB remits outward for the client, after agreeing to sign import finance contract with the client.