Bill discounting refers to bill activities where the holder of commercial bills transfers the right of bill to our Bank, after paying a certain discount interest, so as to obtain financing before the due date of bill.
Qualifications of applicants
- Enterprise legal persons and other organizations that have opened deposit accounts in the Bank.
- Holding bills due to the real goods and service trade with the direct remote holder and being able to provide relevant certification materials.
- Having the loan qualification checked and approved by the People''s Bank of China.
The qualified holder of commercial bills submits the application for discounting and our Bank will accept, review, examine and approve the application. After the approval of the application, the right of bill will be transferred and the fund will be allotted.