Financial trade services

Financial trade services

WAHYUNG

Wah Yung International offers a comprehensive package of financial trade services for global trade customers. These services include, but are not limited to, the provision of bank guarantees to offer direct financial support for bulk trade business.


Support for off-balance sheet credit:

After receiving the MT760 Bank Guarantee from the Receiving and Financing Bank, the MT760 Bank Guarantee serves as a guarantee line. This line is then utilized for transferring to standby letters of credit, trade documentary letters of credit, bank acceptance bills, etc., acting as a guarantee for payment.


On-balance sheet credit:

After receiving the MT760 Bank Guarantee from the Receiving and Financing Bank, the MT760 Bank Guarantee is released for cash. This cash is then used by financing enterprises according to their actual need.


The single amount for these services ranges from EUR20 million to EUR100 million, and the term is 1-5 years.


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