Foreign bank userance - Gaigin userance

Japanese: 外銀ユーザンス - がいぎんユーザンス
Foreign bank userance - Gaigin userance
In the case of a foreign exchange bank, funds are provided by a foreign bank with which the foreign exchange bank has a correspondent relationship when settling a usance bill for imports. The usance bill issued by the exporter is discounted by the foreign bank, making it easier for the importer and the importing country as a whole to manage foreign currency liquidity.

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:
輸入に伴うユーザンス・ビルの決済に際して,為替銀行のコルレス先の外国銀行から資金の融通を受けるもの。邦銀ユーザンスに対する。輸出商の振り出したユーザンス・ビルは外国銀行によって割引され,輸入商および輸入国全体として外貨の資金繰りが楽になる。

出典 株式会社平凡社百科事典マイペディアについて 情報

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