1.Foreign Outward Remittance

Through cooperation with our correspondence banks, we provide you with fast and convenient global outward remittance service.

T/T：

Base on remitter’s Application for Outward Remittance, the Bank authorizes correspondence banks via SWIFT system to remit the funds to designated beneficiary.

Demand Draft, D/D：

The Bank issues bank drafts which authorize foreign correspondence banks to pay. Remitters could carry or wire our banks drafts to the beneficiary then collect the remittance through our correspondence by the beneficiary.

Mail Transfer, M/T：

The Bank issues proxy letter, mail to foreign banks, and authorize it to inform the beneficiary to collect the remittance.

2. Foreign Inward Remittance

T/T：

Foreign remitter remits the fund through local banks via TELEX or SWIFT to your account in the Bank. After the Bank examined the remittance has been transfer to the account correctly, we will inform you with an “Advice of Inward Remittance” for you to collect the remittance.

Demand Draft, D/D：

When you hold a bank draft which demands the Bank to pay issued by foreign remittance bank, we will confirm the authorized signing is correct and the fund has been remitted to the account for you to collect the fund.

Mail Transfer, M/T：

After receiving the formal proxy letter issued by foreign remittance bank, the Bank will confirm the authorized signing is correct, the fund has been remitted to the account and inform you with an “Advice of Inward Remittance” for you to collect the remittance.

3.Clean Draft Purchase and Collection

The Bank has foreign account in every major foreign currency countries. Therefore the Bank can provide efficient bill collection service and can pay either NT dollar or foreign currency on your request. To apply, applicants must open an account in the Bank, fill out the “Application Form for Purchase/Collection of Foreign Current Draft”, provide two guarantors and complete contract signing.

Clean Draft Purchase:

Individual or company due to cross-border trade or commercial services obtained outside of your country and currency bill payment remittance, the applicant may request the Bank to sell foreign currency notes or remittances to cope liquidity needs.

Clean Draft Collection:

On behalf of an individual or company commissioned the fare charged by banks to foreign payments and determine recognized abroad, and then paid to the holder solution.

4.Import Business

Types of Business:

Import LC, Import Collection

Import LC Business

Service Target:

Legally registered business enterprises engaged in import business or agencies, organizations and so on who are permitted to import.

LC Type:

Sight LC, the seller usance LC, buyer usance LC, Master L / C, back to back LC.

LC Method:

Full cable, brief cable, airmail.

Finance Amount:

Base on Borrower’s credit and goods of import.

Import Collection

Service Target:

Legally registered business enterprises engaged in import business or agencies, organizations and so on who are permitted to import.

Payment Method:

D/P: Acquire foreign collection document to take delivery of goods after domestic importer has paid.

D/A: Acquire foreign collection document to take delivery of goods after domestic importer processes draft acceptance.

Import collection line of credit can be applied.

5.Export business

Business Type:

Letter of Credit Advising, Collection of Export Bills, back to back LC, Letter of Credit Transferring.

Letter of Credit Advising:

Provide you with fast, convenient and quality services.

Collection of Export Bills:

Our export collection of export bills services provides you with the fastest speed to correctly send your export document abroad and allot funds to your account on time to make your usage of fund more flexible.

Service target:

Companies registered legally with good credit.

Application Method:

D/A: Base on export document after overseas buyer’s acceptance.

D/P: Base on export document after overseas buyers paid up.

Back to Back LC

Service Target:

Companies registered legally with good credit.

Finance Amount:

Base on the Borrower’s export record or real needs, operational, finance, and credit record. Application method: Base on original Master L/C to apply.

Product benefit:

Ensure confidentiality of the product. Use original export credit line to acquire LC issuance credit line. No need to pay domestic buyer in advance. Reduce transaction risk by paying domestic buyer after foreign customer pays.

LC Transferring Business:

We provide solution to export trader who receives large amount of purchase order but don’t have sufficient credit line or no credit line to issue back to back LC.

Service Target:

Companies registered legally with good credit.

Application method:

Base on LC (transferable) to apply.