Various forms of collaterals are accepted

Consultancy

Consultancy for customerensuring the most benefits for customers.

Working capital financed

KEY INFORMATION
  • IntroductionBIDV provides customer with lending that finances working capital for manufacturing, processing and exporting goods under business contract signed with partner.
  • Collateralvarious forms of collaterals are accepted, including export contract/LC....
FEATURES
  • Lending amount: Maximum 85% contract value or 90% export L/C value.
  • Term: Maximum of 9 months.
BENEFITS
  • Working capital financed
  • Various forms of collaterals are accepted, including  export contract/LC....
  • Consultancy for customer regarding the contract terms, L/C terms and forms of payments, with the purpose of ensuring the most benefits for our customer.

Working capital financed

Various forms of collaterals are accepted

Fast and convenient procedures

KEY INFORMATION
  • IntroductionBIDV advances payments to the exporter upon receipt of the Bill of exchange and export documents.
  • CollateralVarious forms of collaterals are accepted; unsecured (under specific conditions)
FEATURES
  • - Forms of discount: with/ without recourse
  • - Discount ratio: maximum 98% the Bill of Exchange value.
  • - Discount term: maximum 360 days.
BENEFITS
  • - Working capital financed.
  • - various forms of collaterals are accepted; unsecured (under specific conditions)
  • - Fast and convenient procedures
  • - Payment risk elimination and increase financing capacity by discount without recourse

Guaranteed payment risk

Be supplemented with working capital timely

Discount without recourse

KEY INFORMATION
  • IntroductionBIDV shall discount the recourse for debt collection under L/C deferred payment which presented through BIDV according to the L/C deferred payment to the customer when BIDV receives the bank's confirmation of payment acceptance with payment obligation L/C.
FEATURES
  •  Discount without recourse for bill of exchange according under L/C deferred payment based on Forfaiting Agreements with correspondent banks (hereinafter referred to as non-recourse discount according to deferred L / C): is the purchase by BIDV and receive ownership of the bill of exchange together with export documents presented through BIDV under L / C deferred payment before maturity from Customer when:
  •  + There has been confirmation of payment acceptance of the Bank with payment obligations for the Bill of exchange / Export documents;
  •  + The correspondent bank agrees to exempt the recourse for the bill of exchange / the above set of export documents in accordance with the Forfaiting Agreement signed between BIDV and the correspondent bank.
BENEFITS
  • Be supplemented with working capital in time due to payment by BIDV for bill of exchange / export documents under L/C deferred payment before maturity;
  • Discount for recourse for bill of exchange according to L/C deferred payment is not included in the short-term credit limit of customers at BIDV
  • Guaranteed payment risk in case the Bank has the obligation to pay insolvency.

Flexible financing

Flexible funding for production and business activities

Ensure risk

Support businesses to ensure credit risk

Effective management

Maximize the effectiveness of cash flow management

KEY INFORMATION
  • IntroductionComprehensive package of financial solutions for exporters, including services: (i) Funding for businesses through the acquisition of receivables arising from export contracts, (ii) risk protection importer's credit, (iii) managing receivables for businesses, and (iv) collection.
  • CollateralVarious forms of collaterals are accepted, including export contract/LC....

You may also be interested in

Foreign currency trading

BIDV can provide FX transactions in more than 100 different currencies, giving financial solutions to help customers save costs, improve capital use efficiency and exchange rate hedging.

Non-life insurance

Solutions to prevent risks for business activities, assets of enterprises

You may also be interested in

Foreign currency trading

BIDV can provide FX transactions in more than 100 different currencies, giving financial solutions to help customers save costs, improve capital use efficiency and exchange rate hedging.

Guarantee payment of taxes in import and export activities

BIDV assits import/ export enterprises in customs clearance with the issuance of tax payment guarantee combined with data transmit service via the portal of General Department of Customs.

You may also be interested in

Foreign currency trading

BIDV can provide FX transactions in more than 100 different currencies, giving financial solutions to help customers save costs, improve capital use efficiency and exchange rate hedging.

Non-life insurance

Solutions to prevent risks for business activities, assets of enterprises.

Loans

Loan packages meet the needs of corporates with special incentives.

BIDV

Suggested results

    Suggested products / services

      Finds Results
      Finds Results
      Finds Results
      Finds Results
      Finds Results
       
      Συμπληρωματικό περιεχόμενο
      ${loading}