Import Overseas Payment

I. Product Name

Import Overseas Payment

II. Product Introduction

Import Overseas Payment is a short-term trade financing service provided by China Construction Bank to pay contract prices for importers. If there is a financing need in the procurement of goods and services in international trade, enterprises may apply for Import Overseas Payment with CCB. CCB's domestic branch instructs an overseas institution to make payment on behalf for the import payable, and the enterprise repays the paying bank through CCB's domestic branch on the repayment date.

III. Product Functions

(1) Applicable to Multiple Settlement Methods

Applicable to Letter of Credit, Import Collection, and T/T Remittance, flexible and convenient.

(2) Flexible Financing Currency

Financing currency can be foreign currency or RMB, selectable flexibly according to enterprise needs.

IV. Conditions for Handling

(1)The enterprise has import and export trade qualifications, stable trade channels, and a good trade record;

(2)The enterprise has a genuine import trade background and can provide supporting documents such as customs declarations, contracts, and invoices.

V. Handling Channels

Contact the dedicated relationship manager or handle quickly through the Corporate Online Banking channel.

Import Entrusted Payment

I. Product Name

Import Entrusted Payment

II. Product Introduction

Import Entrusted Payment is a short-term trade financing service provided by China Construction Bank (CCB) to assist importers in paying contract prices. If there is a financing need during the procurement of goods and services in international trade, enterprises may entrust CCB domestic branches to submit an application to CCB overseas institutions. Subject to the enterprise assuming the primary repayment obligation to the paying bank, CCB overseas institutions will act as the paying bank to make advance payments for import goods or services.

III. Product Features

(1) Reduce Financing Costs

Financing provided through overseas institutions supports enterprise operational turnover while reducing financing costs.

(2) Diverse Settlement Methods

Applicable to various settlement methods such as Letter of Credit (L/C), Import Collection, and T/T remittance, offering flexibility and convenience.

(3) Flexible Financing Currency

Financing currency can be foreign currency or RMB, selectable flexibly according to enterprise needs.

IV. Application Conditions

The enterprise possesses import and export trade qualifications, stable trade channels, and a good trade record;

The enterprise has a genuine import trade background and can provide supporting documents such as customs declaration forms, contracts, and invoices;

V. Application Channel

Please contact your dedicated relationship manager to apply.

Export Commercial Invoice Financing

I.Product Name

Export Commercial Invoice Financing

II.Product Summary

The short-term trade financing with recourse and accounts receivable management services provided by China Construction Bank to the customer based on a certain percentage of the amount of accounts

receivable on the premise that the exporter (the customer) conducts settlement by T/T or D/A in the trade of goods or services sold under O/A and assigns the creditor’s rights over export accounts receivable to China Construction Bank.

III.Product Introduction

Based on the assigned accounts receivable claims from exporters, CCB provides short-term trade financing with recourse on a certain percentage of the amount of accounts receivable and accounts receivable management services to exporters. Specifically, there are two business models:

"Single Financing Pattern" meets the financing needs of customers in scenarios where the amount of a single receivable is large, the buyer is relatively fixed, and the number of transactions is small.

"Accounts Receivables Pool Pattern" meets the financing needs of customers in scenarios where the receivable amounts are small, buyers are dispersed, and the number of transactions is large.

IV. Service Functions

1. Help exporters obtain financing in a timely manner, liquidize accounts receivable, and meet business needs in different trade scenarios.

After shipment, upon assignment of the accounts receivable claims under the commercial invoice to CCB, the exporter can obtain financing and repay it with incoming remittances. This effectively alleviates your company's capital pressure and liquidizes accounts receivable. Depending on trade scenarios such as the amount of accounts receivable, concentration of buyers, and number of transactions, CCB can also handle Receivables Pool Model financing for exporters.

2.Help exporters avoid exchange rate fluctuation risks.

After receiving the financing funds, exporters can settle the foreign exchange, reducing potential adverse effects from the forward exchange rate market.

3.Provide flexible financing currencies.

The financing currency can be foreign currency or RMB. Exporters can flexibly choose the currency with a lower comprehensive financing rate for financing, thereby further reducing financing costs.

V. Processing Conditions

1. The exporter has obtained the qualification for foreign-trade export operations and has financing needs.

2. Open Account (O/A) credit terms are adopted in cross-border trade, and settlement is made via Telegraphic Transfer (T/T) or Documents against Acceptance (D/A).

3. The exporter has fulfilled the shipment obligation and obtained valid accounts receivable claims.

For details, please contact your client manager for consultation, or call the CCB service hotline 95533.

Forfaiting

I.Product Name

Forfaiting

II.Product Summary

Credit risk on accounts receivable under country risk, as well as credit risk, and exchange rate risk on accounts receivable under export letters of credit, are the main risks faced by international enterprises. Forfaiting can provide clients with non-recourse financing, thereby effectively avoiding risks and achieving early payment collection.

III.Product Introduction

Forfaiting business, also known as buyout, is a financing service where China Construction Bank, upon the request of the client (beneficiary of the letter of credit), purchases the accounts receivable without recourse after the issuing bank or confirming bank has made a payment commitment for the amount under the letter of credit.

IV.Service Functions

After the issuing bank, confirming bank, or other designated bank of a usance letter of credit commits to payment at maturity, China Construction Bank can provide you with full-amount, non-recourse financing;

The currency of discounting is the same as that of the letter of credit. The interest rate is determined based on the financing term, the bank making the payment commitment, and the risk level of its location. The lower the risk, the lower the interest rate;

Depending on the payment term of the letter of credit, China Construction Bank can provide financing terms ranging from dozens of days to one years.

V. Product Advantages

Full Financing. The forfaiting financing amount is 100% of the letter of credit amount.

Fixed Interest Rate. Regardless of the financing term, the forfaiting financing provided by China Construction Bank is at a fixed interest rate, allowing you to lock in financing costs.

Non-recourse. For genuine and valid trade, China Construction Bank buys out your unexpired claims under the letter of credit. Credit risk and country risk are transferred to China Construction Bank, eliminating your concerns.

Avoid Exchange Rate Risk. After obtaining financing funds through forfaiting business, you can immediately settle foreign exchange under export items, effectively avoiding exchange rate risks.

Increase Trade Opportunities. You can offer importers more attractive usance payment terms, thereby increasing trade opportunities and enhancing competitiveness.

Improve Financial Statements. Since forfaiting business is non-recourse discounting, it can be regarded as actual foreign exchange collection, is not included in the credit report, increases current cash flow, reduces accounts receivable, and optimizes financial status.

VI. China Construction Bank's Advantages

As a member of ITFA (International Forfaiting Association), China Construction Bank has established forfaiting cooperation relationships with many banks worldwide and can undertake risks in many countries and regions globally, including medium-to-high risk areas such as the Middle East, South America, and Africa.

Generally, the financing does not occupy your credit limit, and no additional guarantee is required from you.

Possesses a mature international settlement and credit management system, providing you with convenient, fast, and standardized services.

A network spread across the globe, providing you with professional services at any time.

VII. Conditions/Procedures

You need to sign the "China Construction Bank Forfaiting Business Agreement" with China Construction Bank.

When handling a single transaction, you need to provide the "Forfaiting Business Application Form", "Debt Assignment Letter", original letter of credit and amendments, and the issuing bank's or confirming bank's payment commitment telegram or other valid payment commitments.

Generally, after China Construction Bank's approval, the forfaiting business will be handled for you, and a receipt will be issued to you, with no recourse rights reserved against you.

For details, please contact your bank manager for consultation, or call the CCB service hotline 95533.