With China’s entering into WTO, the quantity of import and export is increasing quickly. At the same time, the commercial banks need to develop some trade financing services to meet the development. Import bill purchase is a type of short term financing frequently used in international trade. Most domestic commercial banks carry out such business due to its expediency and efficiency. But because of its novelty, little research has been put on it and there is even less law and regulations. So it contains many risks in practice. This thesis tries to give some advices on preventing risks of import bill purchase though analysis on the guarantee and the causes of risks arising on the basis of the concepts, the features, and business procedure.
The first chapter of this article is the overview of important bill purchase system and gives a brief introduction on the concept, background and procedure of importance bill purchase and analyzes the legal character. The second chapter explains the main risks which the banks must face to in the process of the Import bill purchase. The third chapter gives some suggestions in how to prevent the risks.
【key word】Important Bill purchase; Commercial Bank; Risk Prevention
