VIB Bank is the first bank in Vietnam to successfully deploy a document processing centre, known as Trade Hub. Import - export documents are processed in the shortest possible time by VIB experts with 100% accuracy guaranteed, helping importers and exporters to claim funds/gain customs clearance quickly and conveniently
VIB Bank provides capital support for two types of export payments by negotiable documents:
· Negotiable documents under L/C mode
· Negotiable documents under collection mode (D/P, D/A)
Benefits for you from VIB Bank
VIB Bank meets your demand for working capital right after shipment when shipping documents are negotiated.
· Free advisory service for preparing shipping documents.
· Fast checking of documents and timely satisfaction of your demand.
· Satisfactory financing
· Low and attractive interest rates of document negotiation.
· Our monitoring, speeding up and immediate notification to you right after the receipt of proceeds from issuing bank.
Service features
· Presented shipping documents must be consistent with export L/C’s terms and conditions and amendments (if any).
· L/C must be issued by creditworthy banks
· Negotiation of shipping documents under documentary credits is implemented with recourse.
Negotiatable documents:
For negotiable documents under export L/C:
· VIB loan application
· Original export L/C, amendments (if any), and export L/C advice.
· Original export customs declaration
· Original export L/C documents (including documents such as L/C, as requested)
For negotiable documents under export collection:
· VIB loan application
· Foreign contract
· Original export customs declaration
· Original export collection documents
· Other documents (as required)
Contact
For your further information, feel free to contact any VIB Bank’s branch at your most convenience, or call to our Call Center at (04) 9426919, (84511) 3652743, (08) 8242620