Commercial finance
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Import (1)

Export (1)

Factoring (1)

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Trade finance

Import LC

Import LC

Trade finance product helps clients as buyers to receive goods in advance - pay later via LC issued by VIB.

UPAS LC

UPAS LC

A trade finance product helps sellers to receive money ealier than the date buyers have to make payment via VIB's LC UPAS

Pre export financing

Pre export financing

VIB grants credit to clients on the basis of having: - Export L/C or export contract (HDXK) with L/C payment method. - Export contract has payment method of D/P, D/A or sight/prepaid TT.

Export collection

Export collection

Clients (sellers) mandate VIB to collect the amount of payment from buyers based on the draft issued by the seller.

Domestic factoring

Domestic factoring

VIB finances clients (as sellers) by the acquisition (with recourse) of receivables received from purchasing contracts.