packing letter of credit

基本解释

For export trade finance, it involves overdraft and loan, packing loan, letter of credit negotiation, outward documentary collection advance, export discount and etc;
其中，出口貿易融資業務涉及了貸款和透支、打包貸款、出口信用証押滙、出口托收押滙、出口貼現等；
Packing Loan: the exporter applies for a short-term loan under original letter of credit used as guarantee. The loan is used to ensure funds for production and shipping.
是出口商收到進口商所在地銀行開來的信用証後，以信用証（正本）作爲質押曏銀行申請短期流動資金貸款，用於該信用証項下出口商品的進貨、備料、生産和裝運的資金缺口。