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Domestic L/C

Benefits

  • Domestic letters of credit are used instead of payment guarantees.
  • Minimized payment risk.
  • Get free advice, simple, time-saving and cost-efficient procedures.
  • Additional working capital is available as requested by the customer.

Features

  • Domestic letters of credit are used by companies operating in Vietnam as a payment method when buying and selling goods and services within the territory of Vietnam.
  • Currency: VND or foreign currencies.
  • Deposit: As prescribed by Sacombank from time to time.

Conditions & Procedures

  • The customer is required to submit an application for opening of a letter of credit and supporting documents (the purchase and sales contract and other documents).
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Live support
All your queries will be consulted and supported by Sacombank’s personnel.
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