Export Trade Finance

Various forms of collaterals are accepted; unsecured (under specific conditions)

Key Information
Product Benefits

BIDV advances payments to the exporter upon receipt of the Bill of exchange and export documents.

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

Secured by future debt collection right created from Export Contract/ Export L/C

Key Information
Product Benefits

BIDV lends and issues letters of credit in favour of organizational Clients for their implementation of export business plan, with mortgage of future debt collection right created from Export Contract/ Export L/C

Save costs thanks to preferential loan interest rates for export financing
Expand borrowing ability with flexible collateral condition
Mitigate payment risks with the bank’s consultation and professional support

Expand access to bank capital (excluding credit limits, without requiring collateral)

Key Information
Product Benefits

BIDV purchases and assumes ownership rights (non-recourse discount) of export bills along with export documents under the usnace Letter of Credit (L/C) of the customer prior to the payment due date, based on the Forfaiting financing arrangements of BIDV and Argent Bank

Accelerate working capital turnover, effectively manage cash flow.
Expand access to bank capital (Without requiring collateral / Excluding credit limits).
Ensure payment risk protection.
Flexibly apply deferred sales policies with partners to increase sales volume, develop new customers

Expand access to bank capital (excluding credit limits, without requiring collateral)

Key Information
Product Benefits

BIDV provides non-recourse discounting for documents without Bill of Exchange, whereby BIDV purchases the value of the documents under the Export Letter of Credit (LC) by advancing funds to the customer, who is the Seller, before the payment due date.

Accelerate working capital turnover, effectively manage cash flow.
Expand access to bank capital (Without requiring collateral / Excluding credit limits).
Ensure payment risk protection.
Flexibly apply deferred sales policies with partners to increase sales volume, develop new customers

Attractive collateral policy:
Reduce collateral ratio by 10-30% compared to standard.
No collateral required for accounts receivable insured by credit cover.

Financing rate: up to 95% of accounts receivable
value

Credit protection: Supporting clients by mitigating
credit risks from importers.

Key Information
Product Benefits

BIDV provides a comprehensive package of financial solutions for exporters, including services: (i) Advance payments; (ii) Protection against bad debts, (iii) Receivables ledgering, and (iv) Collection of receivables

Timely meet working capital needs by advancing up to 95% of accounts receivable value.
Efficient debt management and cost savings.
Increase sales through deferred sales policies, supporting market development and new partners.
Credit cover up to 100% of the invoice value.
Maximum financing period is 270 days
Attractive collateral policy:
- Reduce collateral ratio by 10-30% compared to standard.
- No collateral required for accounts receivable insured by credit cover.