VI
Seller Finance
Letter Of Credit
Vietcombank-Leading Bank In International Payments And Trade Finance
Solution Information
Solution Information
Introduction
● Vietcombank provides the following services to meet the corporates’ financing needs as the Seller in the case of export or domestic sales
● Notification of Letter of Credit and provision of products for early payment of documents as required by the corporates
● Letter of Credit confirmation service: Vietcombank commits or accepts payment to the corporates upon presentation of the appropriate set of documents
Benefits
● Actively manage cash flow in business activities, improve indicators on financial statements
● Save time and costs by not having to track the payment status of the voucher set
● Avoid the risk arising from the Issuing Bank can when the letter of credit is confirmed by Vietcombank
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