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We can facilitate all your international trade business needs. |
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Export Transaction Agreement
A trading company or an individual, when they intend to perform export transaction with bank, should in advance reach an export transaction agreement with the bank with one or more guarantors. |
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Transactions Required to Sign 'Foreign Exchange Transaction Agreement' with KEB
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Negotiation and Collection of bill of exchange
(including shipping documents without bill of exchange attached) |
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Negotiation of clean bill by stand-by credit, etc. |
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Other similar transactions. |
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Transactions Not Required to Sign 'Foreign Exchange Transaction Agreement' with KEB.
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Exports by payments prior to / after the receipt of shipping documents or goods by the method of remittance. |
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Foreign Exchange Transaction Agreement (KEB form)
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A transcript of the register (for corporations)
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Articles of incorporation (for corporations)
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Seal impression (signature specimen) declaration and certificate of personal seal impression
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Limited continuing guarantee (for credit transactions)
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Certificate of personal seal impression of joint surety (for credit transactions)
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Negotiation is available without a guarantor where :
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1. The amount of the export bill of exchange, etc. negotiated is less than the realizable value of collateral in accordance with Loan Policy. |
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2. The amount of the export bill of exchange, etc. negotiated is less than that of the guarantee limit established by the continuing guarantor in the extension of the bank's credit line. |
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3. A customer whose credit rating is in 1st or 2nd class applies for the collection of L/C-based 'Bill of Exchange' |
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4. Only negotiation is available after the collection of the export bill of exchange, etc. |
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