Product Definition  

　　Export collection bill advance refers to a financial service provided by Harbin Bank as the collecting bank for exporters, where, based on the exporter's application and within the credit limit granted by Harbin Bank, the bank provides financing by using the export collections under the collection terms as the primary source of repayment, contingent upon securing adequate guarantees.

　　Product Functions  

　　1. Prior to the importer making the payment, your company can receive advance payment following shipment, thus accelerating the turnover of funds. 

　　2. Your company's current cash inflow is increased, thereby improving financial conditions and enhancing financing capacity.

　　3. You can choose the financing currency based on different interest rates, minimizing financial costs.  

　　4. You can process foreign exchange settlement in advance to avoid exchange rate risks.

　　Processing Procedure

　　1. You need to fill out the Export Bill Advance Application Form, trade contract, commercial invoice, original transport documents/copies (if any), customs declaration, export approval or license, and other materials required by Harbin Bank.  

　　2. After Harbin Bank reviews your application, it will sign the Export Bill Advance Contract and provide the bill advance funds.  

　　3. Harbin Bank will handle export documentary collections with the collection bank.  

　　4. The funds collected from export will be used to repay the export bill advance amounts to Harbin Bank.