国际金融-融和国际贸易通

BASIC BANKING SERVICES

Bank basic services

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Supply chain financial services

SUPPLY CHAIN FINANCIAL SERVICES

Online financing
Bank of China uses online banking, bank-enterprise direct connection and other methods to provide online financing services for many well-known corporate customers in the electronics, steel, e-commerce, and logistics industries. The online supply chain financing business must have a real trading background.
Offline financing of the supply chain (Rongyida+Salesyida+Rongxinda, etc.)
Find a large core company in the supply chain to provide trade financing support for the node companies in the supply chain. It can provide customers with full-process financing solutions from purchasing raw materials to production and stocking, shipment and final sales, to solve customer financing needs such as receivables, payables, and inventory, improve cash flow, and optimize financial statements.

Types of International Settlement

TYPES OF INTERNATIONAL SETTLEMENT

In international trade, banking services include remittance, collection and letter of credit. According to the identity of the applicant (the difference between importer and exporter), it can be divided into outgoing remittance, inward remittance, import collection, export collection, import issuance, document review, foreign exchange payment and export letter of credit notification, review Order, settlement, etc.

Bank Guarantee

BANK GUARANTEE

A written undertaking issued by the bank to the beneficiary at the request of the applicant, guaranteeing that the applicant or the guaranteed person will perform the obligations under the local and foreign currency contract signed with the beneficiary. Guarantees can be divided into: bid guarantees, performance guarantees, advance payment guarantees, payment guarantees, quality guarantees (maintenance guarantees), reserve guarantees (lien guarantees), operating lease guarantees, litigation guarantees, maritime guarantees, tax guarantees, etc.

Import letter of credit and financing solutions

IMPORT LETTER OF CREDIT AND FINANCING SOLUTION

Import Letter of Credit Settlement + Import Negotiation/Overseas Agency Payment/Payment by Agreement
Import Letter of Credit:
A payment undertaking issued by a bank to a foreign exporter at the request of a domestic importer. The bank promises to perform payment obligations to the exporter when it meets the provisions of the letter of credit. The financing methods available for the importer under the import letter of credit: import bills, overseas payment, and payment by agreement.
Demand users:
Import companies that use letter of credit for settlement with insufficient liquidity and need financing.

Bank factoring

BANK FACTORING

Banks provide financing and settlement services for enterprises based on the transfer or pledge of accounts receivable from real transactions. Including domestic factoring (Rongyida, domestic Rongxinda, domestic commercial invoice discount, domestic comprehensive factoring) and international factoring (export Rongxinda, export commercial invoice discount, export double factoring, import double factoring).
Demand users:
Core companies have various financing needs such as accounts receivable and accounts payable, and need to improve cash flow and optimize financial statements.

Forward foreign exchange lock-a good helper for foreign exchange settlement and sale

LONG TERM EXCHANGE LOCK

Sign a foreign exchange lock-up agreement with the bank, agreeing on the currency, amount, and exchange rate of the foreign currency for settlement or sale of foreign exchange on the future delivery date to reduce capital losses caused by exchange rate fluctuations.
Assuming that the export of 500,000 US dollars of goods, the foreign exchange collection method is 90 days after T/T, the current exchange rate is 6.7, and the exchange rate after three months is 6.5, and the stable differential income is RMB 100,000.
Why choose forward lock
Avoid exchange losses caused by violent exchange rate fluctuations and protect corporate profits.
Enhancing sellers’ bargaining power With a fixed exchange rate, sellers’ cost estimates have great certainty, which facilitates bargaining and strives for greater profits.
Confirm the invoicing amount in advance to speed up the invoicing process. After the exchange rate of the foreign exchange amount is confirmed, special value-added tax invoices can be issued in advance to obtain export tax refunds in advance.
Low threshold for value preservation, the starting point of a single amount is 100,000 (the locked foreign currency amount is an integer multiple of 10,000) The starting point of a single amount is 100,000 yuan (locked foreign currency: for example, the amount is an integer multiple of 10,000 US dollars): single lock The amount is only RMB 100,000, which greatly reduces the threshold for enterprises to participate.

TRADE FINANCIAL SERVICES

Trade financial services

Letter of credit advance ADVANCE OF L / C

Professional review, document preparation, presentation, negotiation, and advance payment of the corresponding payment for the letter of credit, providing users with a one-stop solution for the letter of credit. Assuming that before the presentation and acceptance, the user needs to obtain part of the 200,000 yuan in the letter of credit for the purchase of raw materials, and he only needs to pay 60 yuan in interest on the payment every day, and our company can advance the payment.

Why choose letter of credit for funding?

1. Professional review of documents, production of documents, one-stop service, labor-saving and worry-free. The expert team of letter of credit provides one-to-one full service to help you avoid various clause traps.

2. Covers the vast majority of issuing countries and issuing banks. Their business covers the world and has close cooperation with mainstream banks in various countries.

3. The advance interest rate is low, the rate is 0.03%/day. The cost is super province, which greatly reduces the advancement cost of the enterprise.

4. Convenient and fast financial communication Effectively avoid various risks such as interest rate, exchange rate and credit.

Export tax rebate advance ADVANCE OF EXPORT TAX REFUND

The user entrusts Ronghe International Trade to notify the customs, and advance 100% of the export tax refund to the user within three working days after the documents are complete, so as to solve the financial service that the user has difficulty in capital turnover due to the long period of applying for the export tax refund.

For export goods, assuming a value-added tax invoice of 600,000 yuan, the export tax rebate rate is 17%, and the tax rebate is 87.179.49 yuan. After meeting the conditions, the user will receive the full tax refund first.

Why choose export tax rebate in advance?

1. Obtain tax refunds in advance to reduce financial pressure: Generally, the tax refund cycle takes 3-4 months, which greatly takes up corporate funds. If you encounter a random check letter from the tax bureau, the tax rebate cycle is even more than 6 months.

2. Enterprises do not need to pay attention to complicated tax rebate links. Tax rebates need to prepare a lot of documents and documents, and the procedures are cumbersome and require professional financial personnel. If you entrust our company to operate it, you can greatly save this trouble.

3. Receipt of the tax refund within three working days at the earliest. The goods are shipped, the increased invoices are complete, and the foreign exchange has arrived. The tax refund will be received three working days after the approval.

4. Pay the tax refund in full (the rate is only 4% of the tax refund) Just deduct 4% of the tax refund as a handling fee, and you can get the full tax refund in advance, which is convenient and fast.

One-click self-service foreign exchange settlement

10:30 and 15:30 for overseas banks; 11:30 and 16:30 for domestic banks; are you familiar with these time points? That's right, they are the time of foreign exchange collection. Do you often get tired of rushing to settle foreign exchange? Or sometimes, because of missing time and unable to settle the exchange in time? With independent foreign exchange settlement, all these problems are now no longer a problem

Quick settlement
Independent choice
Improve experience
Free settlement

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SELF SERVICE SETTLEMENT

Introduction to Autonomous Settlement

1

Self-service foreign exchange settlement means that after your foreign exchange arrives at Ronghe International Trade Link, the foreign exchange settlement is not immediately settled, and the foreign exchange settlement application is submitted independently according to your needs. According to the application time, the system will settle the foreign exchange at the corresponding settlement time. The application can be cancelled before the settlement, but it cannot be cancelled 15 minutes before the settlement time.

For example: your remittance arrived on December 20, and you want to settle the exchange on December 24, then you click on the self-service settlement at 8:00 am on the 24th, and the system will use Bank of China at 10:30 on the same day. Exchange rate settlement into RMB.
2

Self-service foreign exchange settlement realizes the freedom of foreign exchange settlement. Due to system restrictions in the original foreign exchange settlement mode, customers must settle the foreign exchange immediately after entering the account. Self-service foreign exchange settlement increases the customer’s freedom of foreign exchange settlement and can retain foreign exchange. According to foreign exchange trends, free choice
3

The self-service foreign exchange settlement needs to pay attention to the following points:

1. According to the foreign currency transfer regulations of the SAFE, domestic individuals cannot pay foreign exchange to domestic enterprises through personal accounts opened overseas.

2. Overseas companies can pay domestic companies in RMB as remittances.

3. Foreign companies paying foreign exchange to domestic companies need to distinguish between trade and non-trade items.
4

Under what circumstances cannot self-service foreign exchange settlement?

1. Foreign exchange in currencies other than the US dollar;

2. The foreign exchange of the letter of credit supports self-service foreign exchange settlement, but the self-service foreign exchange settlement is not supported after the receipt of foreign exchange for an order that has applied for letter of credit financing;

3. If you have purchased lock-in insurance, the foreign exchange during the delivery period;

ADVANTAGES OF SELF SETTLEMENT

Advantages of self-service foreign exchange settlement

1. Convenient and fast online operation, just a few steps to easily complete self-service settlement

2. It breaks through the system of the traditional foreign exchange settlement mode, improves the customer's freedom of foreign exchange settlement, and meets the needs of customers for independent choice

Safety
Autonomous
Convenience

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Self-service foreign exchange settlement promotions

Open the self-service foreign exchange settlement function on the grand union international trade platform to enjoy cash subsidies. The platform will hold preferential activities from time to time. Please pay attention to the platform announcement notice for the specific event time

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Activity time: tentative
Advantages of self-service foreign exchange settlement

Professional team operation, systematic operation, to ensure that you can settle foreign exchange anytime, anywhere

apply immediately
- One to one
- easy to use
- Attentive service

ADVANTAGES OF SELF SETTLEMENT

Self-service settlement process

grand union international trade platform, professional self-service foreign exchange settlement function, allows you to settle if you want, choose the best exchange rate point independently, which is more convenient, more worry-free, and more labor-saving!

1.Register a platform account
2. Set to self-service foreign exchange settlement
3. For export trade
4. Self-service foreign exchange settlement
5. Self-service withdrawal

One-click self-service withdrawal

The foreign exchange settlement and sale funds temporarily deposited on the grand union international trade platform can be applied for withdrawal through the background, and withdraw freely anytime, anywhere

Safe and reliable

The platform will ensure the security of funds, encrypt data, and ensure the safety of users in multiple dimensions