Supply chain finance service
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Letter melt treasure
The service is the solution that Shengdi Tong provides for the export enterprises who have difficulties in transaction of letter of credit. The services cover document examination, documentation, and long-term credit letter financing.
- Services Processes
- Application Conditions
- Expense Standard
1. To assist the document examination
2. To prompt the issue of documents
3. To submit documents
4. To examine and approve financing
5. To settle the charge
2. To prompt the issue of documents
3. To submit documents
4. To examine and approve financing
5. To settle the charge
Acceptance of the issuing bank
The issuing bank passes the sinosure quota examination (Remission of the insurance charge is applicable to top 500 banks).
The upper limit of financing is 100% of the amount of letter of credit.
The issuing bank passes the sinosure quota examination (Remission of the insurance charge is applicable to top 500 banks).
The upper limit of financing is 100% of the amount of letter of credit.
The financing amount is 0.0250%-0.0305%/day and will be confirmed according to the risk of the issuing bank and its country (The insurance premium will be charged according to the actual days. For the insurance whose duration is less than 30 days, the premium for 30 days will be charged).
insurance
insurance