Unsecured credit from 2-5 billion VND

Deductible collateral rate from 10% - 50%

    • The acquiring BIDV reserves the right to recourse to the Receivables of the customer as the Seller, through an advance payment to receive legal rights and benefits related to the Receivables according to the agreement.
  • Timely meet working capital needs for businesses 
  • Effectively manage receivables, reduce costs in monitoring and debt collection. - Increase sales advantages through deferred payment terms for partners

Early payment amount up to 100% of document value

No collateral required

    • BIDV advances payment for the value of the bill of exchange/set of documents according to the domestic LC to the customer who is the Seller before the LC payment due date according to regulations.
  • Accelerate working capital turnover, manage cash flow more effectively due to receiving sales proceeds immediately after delivery 
  • Expand access to bank capital (Not included in credit limit, no required secured assets) 
  • Reduce costs and time in processing and collecting debts 
  • Guaranteed payment risks of partners

Access to capital with flexible collateral (can be unsecured)

    • BIDV advances payment for the value of the bill of exchange/set of documents according to the domestic LC to the customer who is the Seller before the LC payment due date according to regulations.
  • Accelerate working capital turnover, manage cash flow more effectively by receiving sales proceeds immediately after delivery
  • Expand access to bank capital 
  • Reduce costs and time in processing and collection debt recovery

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19009247 (Personal) 19009248 (Business)
Contact
Locations

© 2018 Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)

BIDV Tower, 194 Tran Quang Khai, Hoan Kiem, Ha Noi

Receiving phone number: 19009247 (Personal)/ 19009248 (Business)/(+84-24) 22200588 - Fax: (+84-24) 22200399

Outgoing phone number: 024 22200588/ 0849351080/ 0822808588/ 0842152355/ 0766151080/ 0763238588/ 0784132388/ 0358201080/ 0357638588/ 0334282388

Email: bidv247@bidv.com.vn

Swift code: BIDVVNVX

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