Export financing

Consultancy for customerensuring the most benefits for customers.

IntroductionBIDV provides customer with lending that finances working capital for manufacturing, processing and exporting goods under business contract signed with partner.
Collateralvarious forms of collaterals are accepted, including export contract/LC....

FEATURES

BENEFITS

Working capital financed
Various forms of collaterals are accepted, including export contract/LC....
Consultancy for customer regarding the contract terms, L/C terms and forms of payments, with the purpose of ensuring the most benefits for our customer.

FORMS

IntroductionBIDV advances payments to the exporter upon receipt of the Bill of exchange and export documents.
CollateralVarious forms of collaterals are accepted; unsecured (under specific conditions)

FEATURES

BENEFITS

- 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

FORMS

IntroductionBIDV shall discount the recourse for debt collection under L/C deferred payment which presented through BIDV according to the L/C deferred payment to the customer when BIDV receives the bank's confirmation of payment acceptance with payment obligation L/C.

FEATURES

Discount without recourse for bill of exchange according under L/C deferred payment based on Forfaiting Agreements with correspondent banks (hereinafter referred to as non-recourse discount according to deferred L / C): is the purchase by BIDV and receive ownership of the bill of exchange together with export documents presented through BIDV under L / C deferred payment before maturity from Customer when:
+ There has been confirmation of payment acceptance of the Bank with payment obligations for the Bill of exchange / Export documents;
+ The correspondent bank agrees to exempt the recourse for the bill of exchange / the above set of export documents in accordance with the Forfaiting Agreement signed between BIDV and the correspondent bank.

BENEFITS

Be supplemented with working capital in time due to payment by BIDV for bill of exchange / export documents under L/C deferred payment before maturity;
Discount for recourse for bill of exchange according to L/C deferred payment is not included in the short-term credit limit of customers at BIDV
Guaranteed payment risk in case the Bank has the obligation to pay insolvency.

FORMS

Flexible funding for production and business activities

Support businesses to ensure credit risk

Maximize the effectiveness of cash flow management

IntroductionComprehensive package of financial solutions for exporters, including services: (i) Funding for businesses through the acquisition of receivables arising from export contracts, (ii) risk protection importer's credit, (iii) managing receivables for businesses, and (iv) collection.
CollateralVarious forms of collaterals are accepted, including export contract/LC....

FORMS