Trade Finance
Trade Finance
Introduction
VietinBank provides a wide range of trade finance services to financial institutions such as issuance of import and export LCs, LC confirmation, guarantees, payment acceptance under import LCs, etc.
Benefits for the customers
Professional consultancy services
Affordability
Enhance reputation with the Beneficiaries
Advantages of VietinBank
Competitive fee and simple procedure
Speedy document processing
Large network of correspondent banks
Import LCs
VietinBank provides a wide range of services related to Import LCs, including issuance of LCs and shipping guarantees, document checking, and acceptance for payment under import LCs, etc.
LCs confirmation
VietinBank commits to honour the complying documents presented under LC issued by your good Bank (in addition to your good Bank’s undertaking).
Export LCs
VietinBank receives, checks authenticity and advises Export LCs issued by domestic/foreign financial institutions to your good Bank. VietinBank receives shipping documents presented under Export LCs, checks documents conformity at the request of your good Bank and forwards documents to the Issuing bank for payment claims.
Contact
Financial Institutions Department
Hoang Thanh Tower, No. 114 Mai Hac De, Hai Ba Trung District, Hanoi