Z7_514612K01PFK406T2EAVMIJ9L6
Z7_514612K01PFK406T2EAVMIJ9L7
Import letter of credit

Import letter of credit
An international payment method in which the customer, as the buyer, receives the goods first and pays later through a payment commitment issued by VIB
Risk mitigation
Minimize risks in foreign trade transactions and payments
Improved cash flow
Help businesses maintain and optimize cash flow by providing timely capital to pay suppliers or receive goods before payment
Enhanced negotiation power
With financial support and guarantees, businesses can negotiate more favorable trade terms, such as better pricing or flexible delivery conditions
Z7_514612K01PFK406T2EAVMIJ9D4
Features
Target customers
Customers are businesses with import needs
Eligibility requirements
Meet the credit issuance requirements as per VIB's regulations
Financing term
According to the regulations for each period
Z7_514612K01PFK406T2EAVMIJ9T7
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