Overview
The Revolving Line refers to the line of bank credit approved to be used conveniently by customers under the credit line, which includes the revolving credit line and the international trade finance line.
1. The revolving credit line indicates the line approved by us according to the customers' operation plan within the credit line and can only be used by customers meeting ABC's terms and conditions to provide short-term credit extension within a 1 year term, in a revolving way.
2. The international trade finance line is the line of credit approved by ABC according to the customers' operation plan within the credit line and can only be used by customers meeting ABC's terms and conditions to handle short-term international trade finance business within a 1 year term in a revolving way.
Features
The revolving line is intended to meet customers' short-term credit demands not to exceed half a year, including short-term working capital loan, acceptance, discount, sight letter of credit, usance letter of credit within 180 days, and trade finance under international settlement.
Procedures
1. Submit a written application;
2. Provide basic materials about production and operations, financial statements, and guarantee; Letter of application for revolving line; Customers' production and operation information for recent years, and the most recent plan;
3. Related materials to be provided by customers according to loan operation procedures as well as administrative regulations on related businesses such as bank acceptance and trade financing;
4. Related materials to be provided by guarantor according to our requirements.
Application Channels
All authorized and sub-authorized operating institutions can handle the business.
Customer Service Center : 95599
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