OUTWARD REMITTANCE
VIB Bank satisfies your (buyers, importers) demand of remitting a fixed amount of money to beneficiaries (sellers, exporters) in the shortest time under the two methods: pre-paid remittance by telephone or post-paid remittance by telephone-VIB Bank – the perfect choice
Your benefits
· Ensure the timeliest remittance for beneficiaries.
· Enjoy free information and advisory service on the best remittance documentation.
· Access to financing services with the most favorable interest rate via VIB Bank’s Import Financing Service.
· Foreign currency is available 24/24 hours at VIB Bank for your payment.
· Simple, time-saving and convenient procedures.
Special Features:
· Full No Deduct service: the beneficiary receives the sum transfered with no fees deducted by the intermediate bank or the beneficiary bank.
· One Deduct service: the transferor knows the exact sum the beneficiary will receive in advance.
· E-Remittance service: With VIB’s technology - the most modern among Vietnamese banks – you can access our electronic Remittance (e-Remittance) at your office via the Internet.
Service Instruction
Documentations:
· Application for Remittance (VIB Bank‘s form is required)
· Certificate on Import-Export Code (01 notarized copy) which is required for the first transaction only.
· Commodity or service Import contract.
· Shipment documents (invoice, bill of lading…) or commitment to supplement documents in the case of remittance before the arrival of goods. (VIB Bank’s form is required.)
· A copy of import customs declaration (The original is obligatorily submitted for VIB Bank’ s confirmation)
INWARD REMITTANCE
Receive money in the shortest time and with the most modest fee
Do you want to get money remitted from foreign banks in the shortest time to serve your business operation after exporting goods or services? From now on, with VIB Bank’s remittance service, nothing is worth worrying as your cash flow shall be followed on 24/24 hours and notification shall be available right after your account is credited.
Your benefits
· Receive money in the fastest and most accurate way.
· Safe and confidential service.
· Simple procedures.
Service Instruction
All you need to get the service is to make VIB Bank’s following information available to your partners.
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Viet Nam International Commercial Joint Stock Bank (VIB Bank)
64-68 Ly Thuong Kiet, Hanoi, Vietnam
SWIFT CODE : VNIBVNVX
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