William Xu found the company of OTFC from year 2012. The company’s main focus has from the outset been on export financing in the broader sense. Until 2017, the services include forfaiting arrangement and trade finance advisory services, something that can now be offered in collaboration with partner companies.
To fulfill the requirement of factoring services of our customers, OTFC added international factoring consulting services to its company profile in 2018.
Operate by qualified practitioners with professional experiences
William Xu has more than 30 years working experiences in trade finance area and held high mangers position in the international banks, including OCBC, Credit Suisse, ABN.AMRO, and Commerzbank. Both the requisite theoretical knowledge and many years of practical experience in the fields of trade finance, structured trade finance, receivables finance have been acquired while leading the international business and product management in Commerzbank, Shanghai, China. OTFC also has a dedicated team, which offers professional solutions and happy to help you with any enquiries you may have. A global network with connections to countries such as Africa, Central and Eastern Europe and the Middle East supported us to provide the reliable and competitive financial solutions.
Mr. Casey Wang was invited by William to join OTFC in Sep., 2018. Casey Wang had accumulated solid experience in factoring in the past three decades. He joined Taiwan-based Chailease Group in 1989 and became one of the first generation factoring practitioners in Taiwan. He had been granted “The Diploma of Proficiency in FCI International Factoring” in 1991. Among all bank and commercial factoring practitioners of Mainland China and Taiwan, Casey Wang is the first person to obtain that diploma. Since 1998, Casey Wang has nursed around 40 banks and several leasing or commercial factoring companies across Taiwan Strait to commence factoring business with the identity of high-rank bank manager, lecturer of educational and training institute, consultant of IT service provider and government. Respectively in 2003 and 2013, Casey Wang had been authorized by FCI to translate and annotate FCI’s General Rules for International Factoring (GRIF) and had published these two books which became the guidelines of conducting international factoring business for Taiwanese banks.