Advance Payment Financing
This is a service whereby payment will be made by ICBC on your behalf against your import L/C, or under payment terms of cash on delivery or remittance. We are able to help you solve your liquidity, and increase your credibility as a result of the fast payment to your supplier.

T/T Payment Financing
T/T Payment Financing is a type of short-term import loan if the payment term on supplier's goods is cash on delivery. ICBC provides import T/T credit for the buyer’s payment to address its cash turnover. T/T Payment Financing is applicable to goods imported under cash-on-delivery remittance.

Import Bill Financing
Our import bill purchase is a solution to address your liquidity when you are required to pay your overseas exporter under L/C or collection terms. We are able to make payment and collect the shipping documents for you to start the sale process.

L/C confirmation
When you are not comfortable with the financial standing of the L/C opening bank under an export L/C in your favours, you may submit your original L/C advised through us and request for L/C confirmation. Once you have shipped all the goods under the L/C confirmed by us and have submitted all the clean bills to us, we will undertake payment.

Export Invoice Financing
ICBC offers credit when you and your importer agree to settle on a term of credit sale. To apply for this service, please submit your commercial invoice and documents to us and we will organize it for you.

Packing Loan
Packing loans are used to cover the cost of goods, material, production and shipment prior to the export of goods under the L/C you have received from your overseas importer's bank. After shipment, you may submit the documents to ICBC for negotiation against the L/C and repay the packing loan once you have received the payment for goods from overseas.

Export Bills Purchase / Discounting
When you have submitted the relevant documents stipulated by your customer's bank L/C to us, we can at your request offer credit to you on a with recourse basis. We can make payment to you before the receipt of proceeds under the L/C from your importer's bank.

Factoring Financing
When your company agrees to settle with your importer by credit sale or documents against usance acceptance, Being the export factoring bank ICBC and the import factoring company jointly offer a basket of banking services including checking on the importer's credibility, guarantee on bad debt, loan collection, sales ledger management and trade financing. When you are in need of funds. ICBC offers comprehensive factoring service including trade financing.

Forfaiting
We are able to provide the discounting of international trade receivables such as Promissory Notes and Bills of Exchange on a "Without Recourse" basis, in exchange for cash. In the case of a Letter of Credit, we can give discounted funds to your client on a without recourse basis provided that the L/C has been accepted by the issuing bank.