Sacombank launches online loan disbursement service for businesses

This service is tailored for corporate customers who have been granted loan limits and completed the necessary loan documentation with Sacombank. With a straightforward registration process, businesses can proactively request disbursement without having to visit Sacombank branches in person. The service imposes no restrictions on the number of disbursement requests, provided they fall within the approved credit limit. Additionally, the service includes a “Foreign Currency Purchase” feature, catering to customers who need to make international payments using disbursed funds. 

Steps to Register and Use the Service: 

(1) Register for the Online Loan Disbursement service at any Sacombank branch or transaction office. 

(2) Create a disbursement request via Internet Banking. 

(3) Attach the required supporting documents.

(4) Complete the request using a digital signature. 

(5) Sacombank reviews and processes the disbursement request. 

Sacombank’s electronic banking platform is a modern and convenient solution designed for individuals and businesses. Regular updates and enhancements ensure an excellent user experience. Currently, nearly 150,000 businesses trust this platform for its high security, robust functionality, and ability to meet various financial needs such as:  account opening, domestic payments, international fund transfers, issuance of Letters of Credit (L/C), etc. The platform also offers diverse authentication methods and multi-tiered approval models, making it suitable for businesses of all sizes, from micro-enterprises (Micro SMEs) to small and medium enterprises (SMEs). All invoices and transaction documents processed through Sacombank’s electronic banking platform are digitally signed using public digital signatures. Moreover, Sacombank’s electronic invoices include a [.xml] format, allowing businesses to seamlessly share data with tax authorities. 

In line with the digital banking strategy, Sacombank has implemented electronic know-your-customer (eKYC) technology to enable online business account opening on website www.sacombank.com.vn since 2022. Businesses can open accounts quickly by providing a valid business registration certificate and identification documents of the legal representative, eliminating the need for in-person visits. In 2024, Sacombank added an extra verification step, comparing the representative’s biometric data and ID information to enhance security and align with the broader digital transformation of society. This ensures greater safety and security for business accounts.