Interest rates

Competitive interest rates

Forms of credit

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

Currency

USD, EUR, other foreign currencies

KEY INFORMATION
  • 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
  • Competitive interest rate 
FORMS

Lending amount

Maximum 80% contract value

Loan term

Maximum of 9 months

Procedures

Fast and convenient procedures with simplified documents

KEY INFORMATION
  • 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
  • Lending amount: Maximum 80% contract value
  • Term: Maximum of 9 months.
BENEFITS
  • Working capital financed
  • Collaterals are suitable for the business
  • Fast and convenient procedures with simplified documents are provided at reasonable expenses.
FORMS
KEY INFORMATION
  • Introduction (i) Issuing LC import; (ii) Amendment of import LC: (iii) Endorsement of bill of lading / Issuance of goods receipt guarantee
FORMS
KEY INFORMATION
  • 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

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