Trust Receipt Loan / Import Bill Advance

A short-term financing solution for importers. Customers who maintain a loan facility with the bank can utilize the loan facility to book a Trust Receipt Loan to pay documents under both Import L/C and Inward Documentary Collections. The original signed Trust Receipt must be presented for each loan and to be approved.

Functions

To meet the importer's need of short-term financing.

KEY FEATURES

Improving working capital: A solution to obtain short-term finance from the bank to facilitate business;
Facilitate business activities: An importer can obtain control of the goods in time, shortening the overall processing time.