Shanxi Bill Firm, appearing firstly in the Qing Dynasty, was one of the traditional credit organizations in old China that had financial nature of remittance, loan and deposit operation.
票号是旧中国的一种信用机构，产生于清朝，是晋商经营存放款和汇兑业务的一种带有金融性质的机构。
But because of the nature of the remittance and collection are of commercial credit, must be risked for exporters large foreign exchange risks.
但是因为汇付与托收的性质都是属于商业信用，对于出口商来说必须要冒着较大的收汇风险。
But because of the nature of the remittance and collection are of commercial credit, must be risked for exporters large foreign exchange risks.
但是因为汇付与托收的性质都是属于商业信用，对于出口商来说必须要冒着较大的收汇风险。
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