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Sản phẩm mới
Sản phẩm mới
Discount Export Documents
General

Recourse Discounts of Bills of exchange enclosed with the customers' export documents to be submitted at VP Bank.

Product description
  • Recourse Discounts of Bills of exchange enclosed with the customers' export documents to be submitted at VPBank.
  • Currency: VND or foreign currencies
  • Discount rates: maximum 98% of bills of exchange value
  • Discount term: Depending on customers' business plan and not exceeding the maximum discount term as regulated by VPBank
  • Costs for discount implementation: As regulated by VPBank from time to time
Benefit
  • To receive advance payment for shipment immediately upon submission of the export documents attached with bills of exchange at VPBank
  • To strengthen the financial capacity through increasing cash flow, reducing risks arising from receivables
  • To take advantage of business opportunities through benefits from speedy and flexible monetary and cargo transfer
  • High discount rates, long discount term
  • Competitive fees and interest rates
  • Quick and convennient procedures with experienced consultants of VPBank

 

Conditions and application process
  • Target customers
    • Export enterprises with needs for discount Bills of exchange enclosed with export documents at VPbank
    • Conditions of documents and bills of exchange
    • As regulated by VPBank
  • Applications
    • Legal documents, financial documents and discount applications including: Discount loan application form, the original L/C, Authorized Collection; Original documents; Original customs declaration; Foreign trade contract