Import receivables collection
Benefits for the customers
- Possibilities to receive import financing from VietinBank;
- Access to consultation on complicated contracts and transactions.
Features
- VietinBank makes payments to Exporters on behalf of the Corporate Customers, to ensure payment are made fast and accurate, which helps to improve the credibility of Customers to their partners. Import receivable collection services include:
- Issuing authorization to receive goods by collection/guarantee before the import documents are presented to the bank;
- Notifying and paying for import collection documents;
Eligibility conditions
- The customer has a trading contract that stipulates the payment method is receivables collection and the set of documents designates VietinBank as the collection bank.
- Customers are granted a credit limit at VietinBank (in case Customer borrows with receivables collection)
- Comply with foreign exchange management regulations, law on anti-money laundering, and regulations by countries.