Export Trade Service
(1) L/C Advising : The advising bank should signify that L/C has been satisfied itself as to the apparent authenticity of the L/C and notifies beneficiary. With the extensive SWIFT authenticated arrangement with global correspondent banks, Taipei Fubon Bank can handle L/C worldwide and assure the security and efficiency of L/C advising process.
(2) L/C transfer : First Beneficiary (trading company or middleman) applies transfer full or partial L/C amount to secondary beneficiary(supplier). By providing professional consultation and service, Taipei Fubon Bank can assist transfer L/C to secondary beneficiary without utilizing your credit limit and earn profit margin between two L/Cs.
In accordance with the terms and conditions of the letter of credit, the exporter presents documents to negotiating bank for negotiation or collection after shipment.
Forfaiting means bank purchase accepted usance L/C payment claim on without recourse basis. Taipei Fubon Bank will help to improve your financial structure, mitigate L/C payment risk and furthermore to expand business scale globally.
The exporter based on sales contracts presents all documents to presenting bank for further delivery to collecting bank for payment collection. By providing export documentary collection service, Taipei Fubon Bank ensures you will be satisfied with the service of speedy document processing and payment collection.