Trade Financing Guarantee
(The Market Development Dept., Dept. 2)
Trade financial guarantee
It is required by the lending bank when it provides working capital to the enterprises for international and domestic trade. Such guarantee includes:
Accredit line guarantee;
Loan guarantee;
Bank acceptance bill guarantee;
Commercial acceptance bill discount guarantee;
Import establishment of letter-of-credit guarantee;
Export letter-of-credit packing loan guarantee; and
Import and export documentary bills guarantee.