How do foreign trade enterprises carry out foreign exchange financing?

With the recovery of the overall economy, China's export-oriented enterprises have gradually ushered in a new spring. After the baptism of the international financial storm and 1 years, are foreign trade enterprises ready to speed up the pace of import and export, and are they fully prepared in terms of funds? At present, many banks in the market have gradually developed a series of products for foreign trade enterprises. Taking Bank of Ningbo as an example, the newly launched Huiliying product has integrated the multiple advantages of foreign exchange financing and traditional credit, and has become one of the financing options for many foreign trade enterprises. Huili win business includes full RMB margin deposit, foreign exchange financing and forward sale of foreign exchange. In this business, enterprises provide full RMB deposits to banks as pledges, and banks handle foreign exchange financing for them. At the same time, enterprises are required to handle forward foreign exchange sales transactions at banks with the same term. At maturity, banks will release their pledged RMB deposits for delivery of forward foreign exchange sales to return foreign exchange financing funds. This kind of foreign exchange financing includes two functions: import bill and foreign exchange loan, in which the types of foreign exchange loans are limited to short-term working capital loans, and the repayment method is limited to repayment of principal and interest at maturity. Among them, the longest term of foreign exchange financing shall not exceed 1 year. Under the Huili Win business, customers deposit a full amount of RMB deposit when applying for foreign exchange financing, and customers will not deduct the credit line or collect another deposit when handling forward foreign exchange settlement and sale business. On the premise of fully covering risks, the deposit shall not be lower than the full deposit shown in the credit system (i.e. the foreign exchange financing principal × the foreign exchange quotation in the credit system). In addition, it should be noted that remittance business is not allowed to return foreign exchange financing funds in advance in principle. If it is really necessary to repay in advance, it is not allowed to repay in installments. On the day of repayment, the delivery procedures for forward sales of foreign exchange should be handled at the same time, and the liquidated damages arising from forward sales of foreign exchange and import bills should be collected according to the relevant bank regulations.