Credit checking on overseas buyers:
Simply enter the name and country of the buyer
to access credit records of the buyer's worldwide activities. In
seconds you will receive the credit rating of a buyer from the @credit
& Financing Service database. If there is no rating available for
a particular buyer, the bank will automatically search for the relevant
information to provide a rating at the earliest time. Purchase a
credit report: Customers can purchase a buyer's credit report through
the MMAb2b online system.
Credit protection for buyer's default risk
The protection amount depends on the buyer's
credit rating:
| Credit
rating |
Protection
amount |
 |
0 |
| R |
USD 10,000 |
| @ |
USD 20,000 |
| @@ |
USD 50,000 |
| @@@ |
USD
100,000 |
| @@@@ |
USD 300,000
|
Exporters are able to request higher protection
amount for each rating level buyer except X by paying an additional
request fee. Upon approval, a SinoPac representative will contact
you regarding contract signing.
Export financing
To apply, simply enter the general information
of the invoice and send us a photocopy of the shipment document.
The Bank will disburse the fund to your bank account within the
same business day. Receive cash easily and quickly.
|