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Shipping Guarantee Global Banking Trade Financing  Shipping guarantee
Shipping guarantee refers to the business in which the import goods under the letter of credit has arrived at port, and relevant shipping document has not arrived yet. In order to facilitate the shipping of the credit issuing applicant, our bank issues shipping letter of guarantee to the ship company according to the application of the applicant, after implementing full guarantee condition or within the line of credit.

Import bill advance agency refers to the financing business in which our bank as the collecting bank, according to the application of importer and after implementing full guarantee condition or within the line of credit, provides working capital finance to pay the payment under the import collection agency, and uses the sales returned capital of the import goods under the collection agency as the first repayment resource.

Our bank only accepts the shipping guarantee business of the import commodity under the letter of credit of transport document issued by our bank as the full set of marine bills of lading in principle.

The applicant shall submit the following documents:

1. Shipping Guarantee Application in the format prescribed by our bank
2. Arrival notice of the ship company;
3. Shipping Letter of Guarantee in the format prescribed by our bank;
4. Copy of bill of lading
5. Copy of invoice;
6. Other documents required by our bank.
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