TRADE FINANCE

CCB London’s trade finance ensures fast payment coupled with reasonable discount costs.

We offer trade finance and documentary services including Import and Export Letters of Credit, Documentary Collections and Guarantees.  We have a special emphasis on guiding clients on how best to trade with China in multi-currency contracts especially denominated in Chinese Renminbi (RMB).

CROSS-BORDER TRADE RELATED PRODUCTS AND SERVICES

We can offer customized cross-border trade related CNH (offshore RMB) and CNY (onshore RMB) products and services.

Commodity Trade Finance

Our Commodity Trade Finance Department is able to offer our customers additional products to mitigate liquidity, counterparty and/or country risks by way of self-liquidating transactional finance, borrowing base arrangements, inventory finance and receivables finance

Treasury facilities including Deposits, FX and Swaps

CCB London is one of the top 5 banks in the RMB Foreign Exchange market in London.

L/C Discount

L/C discount enables the user to receive payment more promptly, improving cashflow and facilitating the ability to offer trading partners longer payment terms which can help achieve a stronger negotiating position and improve customer/supplier relationships.  Both RMB and non-RMB L/Cs can be discounted.

TT/LC Refinancing

CCB London, as Chinese Trade experts, have been dedicated to TT/LC refinancing since it opened its doors to business in 2009.  The service promotes fast payment at reasonable refinancing costs.  In trade, when the exporter requests sight payment or grants a shorter defer payment period than the importer desires, the importer may apply TT/LC Refinancing with CCB London, which can help smoothly conclude the commodity trade and guarantee enough deferred payment period.

Payables Financing

CCB London provides efficient banking services and financial support at a competitive price to our clients.  Payables financing is a financing service in which, at the request of the importer, CCBL advances payment for imported goods or services to an exporter.

Import-related Payables financing is applicable to the following international settlement products: documents against payment (D/P), documents against acceptance (D/A) under import collection settlement; and payment in advance and cash on delivery under T/T.

Receivables Financing

China is one of the biggest exporting countries in the world and, as such, CCB London has a strong customer base and is expert in foreign exchange transactions.  Receivables Financing has been a regular and successful financing product for CCB’s overseas branches.  In Receivables financing, CCB London is invited to take part in the receivable financing transaction, and the exporter accordingly assigns such Receivable(s) to CCB London. On receipt of satisfactory Receivable documentation, CCBL will confirm and effect payment to the Exporter.