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Foreign Currency Trade Finance
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Introduction
Foreign Currency Trade Finance (FCTF) is an alternative short term trade financing facility which allows loan to be drawn in major foreign currency such as RMB, USD, EUR and others. Foreign Currency Trade Finance can finance for import and export transaction, which both party are single legal entity.
Features and Benefits
- Enjoy 100% advance of invoice value and credit terms that are pre-approved by the Bank, and pay the principal and interest only upon maturity.
- Interest collection in-arrears and allow early settlement.
- Honour your payment obligations using your proceeds that are in the same foreign currency, without foreign exchange exposure.
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