Import financing

Competitive interest rates

L/C, short-term, medium-term and long-term loan

USD, EUR, other foreign currencies

IntroductionBIDV provides customer with funding from Export Credit Program of foreign bank/ financial institutions.

FEATURES

Lending subjects: Import goods that has origins in conformity with each Export Credit Program.
Forms of credit: L/C, short-term, medium-term and long-term loan.
Currency: USD, EUR, other foreign currencies.

BENEFITS

FORMS

Maximum 80% contract value

Maximum of 9 months

Fast and convenient procedures with simplified documents

IntroductionBIDV provides short-term finance for customer to make payments under the forms of usance L/C, D/P, deferred T/T. The loan is secured by the imported goods under the contract.
CollateralThe imported goods under the contract.

FEATURES

BENEFITS

Working capital financed
Collaterals are suitable for the business
Fast and convenient procedures with simplified documents are provided at reasonable expenses.

FORMS

Introduction (i) Issuing LC import; (ii) Amendment of import LC: (iii) Endorsement of bill of lading / Issuance of goods receipt guarantee

FORMS

IntroductionBIDV provides credit letter issuance / deferred payment service with terms of immediate / early payment, based on the funding source of competitive prices of the correspondent bank. Customers are allowed to buy goods with deferred payment, while the seller receives the payment immediately, before the deadline.

FORMS