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Outstanding features
Utilities
- Free consultation:
Special requirements in L/C, trading risk mitigation.
Document validity consultation.
- Prompt goods financing once the L/C is presented.
- Proactiveness in cash flow, improving business efficiency.
Promptly respond to the capital needs in the form of LC funding.
Features
- Value of export revenues is accepted as collateral.
- Funding currency: VND, foreign currency.
Documents
- Original export L/C
- Dossiers of loans as guided by the bank.
FAQs
1
Do we have the right to pay in advance for this product?
Customer can fully pay in advance for this loan, whereby the payment for this export L/C will be credited to Customer's account when the importer pays the L/C.
2
What is the maximum financing ratio for this product?
Depending on reputation and experience of Customer, Sacombank will officially announce the maximum funding ratio on the L/C value. A common rate is 70%.
3
After receiving L/C export financing from Sacombank, when we complete the export L/C documents, which bank do we have to present it to?
Sacombank will receive the export documents from Customer, check and advise Customer to revise and finalize the documents if necessary.
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