Personal Savings
Introduction to Personal Saving Deposit Products
At present, the Bank's personal saving products are mainly divided into conventional savings and characteristic savings. Conventional saving products have a complete range of types, including time deposits (lump-sum deposit and withdrawal, installment fixed deposit, term deposit with regular...
Trade financing of SMES
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Exportdiscounting
Product descriptionsExport discounting refers to that Fudan Bank purchases from the exporter under the export L/C the unexpired usance bill which has been accepted by a bank, or the unexpired forward claims undertaken to be paid by a bank. The Bank has the right of recourse against the exporter if the accepting/committing bank fails to pay at the due date.Product functionsThe product is used to meet the short-term financing requirements of the exporter under the usance L/C.Product features1. Spe
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NegotiationunderexportL/C
Product descriptionsThe export bill purchase means that the Bank provides the short-term financing to the exporter based on the documents which are submitted by the export as required by L/C, after the exporter delivers the goods. If the issuing bank refuses to pay or fails to pay at the maturity, the Bank has the right of recourse against the exporter.Product functionsThe product is used to meet the short-term financing requirements of the exporter under L/C.Product features1. Speed up capital
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Packingbillfinancing
Product descriptionsAt the request of the beneficiary (exporter) of the L/C, the Bank shall add the commitments of discount to the commercial acceptance bill issued by the exporter to the domestic supplier (if the beneficiary starts to handle business with the Bank), or issue the bank acceptance bill directly to the supplier (if the Bank is satisfied with the credit status of the beneficiary). When the supplier present the bill to the Bank for discount or payment, the Bank shall do so.Product fu
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Packingloan
Product descriptionsA special loan granted by the Bank to the beneficiary (exporter) of L/C for the purchase, production and shipment of goods under the L/C.Product functions1. The product is used to meet the short-term financing requirements of the exporter for goods preparation and shipment under L/C.2. The source of repayment is collection of export proceeds under L/C.3. As special loans, it should be based on the clear trade background, and such loans should be subject to the closed manageme
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NegotiationunderimportL/C
Product descriptionsUnder the import L/C, the Bank provides short-term financing for import payment advanced on behalf of the importer when the consistent documents and bills are received.Product functionsThe product is used to meet the short-term financing requirements of the importer under the import L/C.Product features1. Reduce capital occupation. Bank funds are utilized to import goods and sell them domestically, and the trade can be accomplished for earning profits without occupying any fu
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IssuingofL/CwithCreditLimits
Product descriptionsIssuing of L/C with credit limits refers to the service where Fudian Bank issues an import L/C without collecting the full deposit from the customers.Product functionsThe product is used to meet the short-term financing requirements of the importer under the import L/C.Product featuresReduce the capital occupation and speed up the capital turnover, so as to improve the efficiency of fund use and increase the efficiency of fund use.Applicable customersThe importer has insuffic