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 You Are Here: HOME >Commercial Bank >Institutional Banking >Forfaiting (buy from counterparty banks)
Forfaiting (buy from counterparty banks)
It means that a bank, upon application of a client, provides short-term financing facility and payment services for the settlement of domestic trade or international trade of the client through a overseas institution or its overseas branch.ICBC Singapore has a good cooperative relationship with many banks in Mainland China.Our Forfaiting business has shown rapid growth in the market for the last few years.