Import bill is a short-term financing facility provided by the issuing bank to the importer (applicant), that is, your enterprise (applicant) entrusts our bank to open a letter of credit under the condition that our bank has reduced the deposit, and when the documents meet the requirements of external payment, due to the temporary shortage of funds, your enterprise cannot pay the full payment funds to our bank. After the application to our bank is approved, our bank will reserve the right of recourse and pledge the right of goods to your enterprise.

First, the object and conditions of import bill:

First, the object:

If your enterprise (applicant) uses our credit line to open a letter of credit, but it must bear the responsibility of external payment because the documents are consistent, and it is really impossible to raise payment funds before the specified payment date due to temporary capital turnover difficulties, you can apply for an import bill of lading from our bank after receiving our notice of payment due.

Two. Conditions:

If your enterprise needs to apply for an import bill from our bank, it must meet the following conditions:

1. Your enterprise should have an independent legal person qualification, have a good business style, and have no bad records such as violation of rules, laws and breach of contract;

2. Your enterprise must open a foreign exchange or RMB basic deposit account or current account with our bank, and keep regular settlement, with good reputation;

3. Your enterprise should have perfect financial management system and production and sales network, normal and reasonable sales channels and reliable sources of funds for imported goods, and can repay our advance payment on schedule;

Your enterprise is in good financial condition and has short-term solvency. If necessary, your enterprise should provide our bank with loan guarantee or mortgage recognized by our bank.

Two. Currency, interest rate and term of import bill:

The currency of the import bill is the payment currency, and the interest rate of the bill refers to the interest rate of the bank's working capital loan for the same period. The term of an import bill of exchange shall, in principle, not exceed three months from the date of each external payment to the date of return of the bill.

Three. Application for import bill:

If you need to apply for an import bill from our bank, you must fill in the application form for import bill before the payment due date of the letter of credit, affix the official seal and sign it by the authorized signatory, and submit it to the branches of our bank or the Trade Section of the International Business Department of the Head Office;

1. If you need to apply for an import bill from our bank, you must fill in the application form for import bill before the payment due date of the letter of credit, affix the official seal and sign it by the authorized signatory, and submit it to the branches of our bank or the Trade Section of the International Business Department of the Head Office;

2. Your company should provide financial statements to our bank so that we can review your company's recent financial status and solvency. If you need to provide guarantee or mortgage, you need to provide the guarantor or collateral information to our bank, and our bank will review it according to the loan procedure.

3. After the approval of our bank, our bank will sign an import bill contract and a trust receipt with our bank to clarify the responsibilities and obligations of both parties.