VI
Capital Finance
Comprehensive solutions to meet the capital needs, support domestic and international commercial activities of enterprises
Products & Services
Lists
Frequent Questions & Answers
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1. Does Vietcombank provide the Revolving Letter of Credit?
- Vietcombank provides the revolving L/C for the customers, who are the Buyers, to pay known Sellers for consistent quantity and type of products traded for extended period of time.
- Benefits: Customers only needs to apply for one L/C for both the purchase and sale contracts, while the Sellers do not have to wait for a new L/C to be issued.
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2. What are the benefits of International Factoring ?
- Vietcombank provides factoring service to the Seller if the Seller transfers to Vietcombank all rights and benefits of the receivables arising from international commodity and service trading contracts.
- Vietcombank plays the role of an export factoring agent, providing tracking services for receivables and advances to the exporting Party; representing the exporting Party to contact and deal with the import factoring agent to request the provision of debt collection and credit risk assurance services to the importing Party.
- Vietcombank maintains a worldwide network of factoring agents that will support customers with flexible financial options on the basis of advance..
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3. While undertaking financial leasing, will corporate clients has to contact Vietcombank or Vietcombank Leasing ?The Financial Leasing service is provided by the Vietcombank Financial Leasing Company Limited (VCBL). The Customer can directly contact VCBL or Vietcombank's branches for general advice on products and services, including financial leasing services.
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