CCB New Zealand can offer a wide range of import and export trade finance products to manage counterparty risk, accelerate payment and increase trade flows. Products include:

Forfeiting

When a Customer (exporter) sells goods or provides services to foreign importers on credit and settles them by way of T/T or D/A, the CCB NZ acts as an Export Factor in accordance with the ‘International Factoring Principles’, providing at least one of the following services to the Import Factor, based on the account receivable transferred to the Bank by the Customer:

• • Credit risk guarantee
• • Account receivable
• • Sales sub-account management
• • Two-factor export factoring prepayment financing (or called Prepayment Financing for short)

Export Services

• • Letter of Credit Notice
• • Letter of Credit Confirmation
• • Letter of Credit Transfer
• • Letter of Credit Negotiation/Discount
• • Export Bills Collection
• • Export Bills Collection Loan
• • Packing Loan
• • Export Invoice Financing

Bank Guarantee

Our trade finance products are available in NZD, USD, CNY as well as other major currencies.

Contact Us

Nian Min

Head of Corporate Banking Department

Direct Dial: +64 (9) 338 8188

Email: nianmin@nz.ccb.com