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| Home>Banking>Commercial Bank >Trade Services and Finances |
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2011 Best Bank in China－The Asset Magazine
2010 Best International Trade Bank in China－Trade Finance Magazine |
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| With the largest trade services network in the world, Citi offers a broad range of trade services and trade finance solutions to our global trade clients. From simple issuance of Letters of Credit, to highly complex financing structures, our solutions are tailored to meet your specialized needs, supporting your transactions end-to-end. |
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| Our trade financing services help your business to drive growth, reduce administrative expenses, shorten trade cycle, and strengthen risk management practices. |
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| You can also leverage our trade advisory expertise, acquiring timely market insights to grow your business. |
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- Export Services and Finance
- L/C advising, confirmation, transfer and forfeiting
- Export L/C negotiation, discounting and collection
- Export non-L/C negotiation and discounting
- A/R forfeiting and financing
- Pre-shipment financing
- Import Services and Finance
- L/C issuing
- Trust Receipt and Import Loan
- Shipping Guarantee (S/G)
- Import Non-L/C Documentary Collection (D/A or D/P)
- Cross-border RMB Service
- Domestic Trade Services and Finance
- A/R forfeiting and financing
- Supply chain financing
- RMB draft discounting
- Other products and services
- Guarantee, Standby L/C, etc.
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From Monday to Friday 9:00-18:00, please call: 800 820 6608 (toll free within China) (8621) 2896 6965 (for overseas) |
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Or send email to CCBChinaMarketing@citi.com |
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| Account Receivable Financing |
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| As open account has become commonplace in a buyer-centric market place, suppliers are facing extended cash flow cycles and increased liquidity pressure. Addressing suppliers’ particular difficulties, Citibank finances account receivables from their quality buyers. |
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| With a big proportion of account receivable (AR) is tied in long collection terms (over 2-3 months), companies need to optimize AR management for long-term and stable relationships with their buyers of good credit standing. |
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- Product Advantages
- Shorten average collection period and optimize working capital management
- Enhance asset liquidity
- Create natural hedging to reduce foreign exchange risk of the AR
- Provide timely AR management report
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From Monday to Friday 9:00-18:00, please call: 800 820 6608 (toll free within China) (8621) 2896 6965 (for overseas) |
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Or send email to CCBChinaMarketing@citi.com |
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| An electronic manufacturer with reputable overseas buyers and annual sales RMB 100million. |
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| Customer's Difficulties and Needs |
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- The customer is selling on an open account terms, with long collection term of 3 to 6 months.
- Its properties are under leasing agreement. Lack of collaterals has posed major challenges for the customer to access external financing.
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| Solutions at Citibank |
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Account Receivable (AR) Financing:
Citibank's vast experience in global trade enables it to facilitate AR that have creditable and reputable buyers, with lower financing prerequisites. The company pays back once it receives the buyer's payments. |
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From Monday to Friday 9:00-18:00, please call: 800 820 6608 (toll free within China) (8621) 2896 6965 (for overseas) |
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Or send email to CCBChinaMarketing@citi.com |
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