Export Financing (After delivery)
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1. Introduction
Export financing after delivery is a short term loan to
meet demand for advance disbursement of exports right after delivery
carried out by exporter
2. Benefits
- Using of exports amount right after delivery.
- Financing in form of bill of exchange
discount, enclosed with export documents or guarantee loan of
receivables from the export documents.
- Financing in many different terms of payment
such as L/C, D/P, D/A, T/T
- High discount rate/loan
- Reasonable interest rate
- Simple procedures, with fast document approval
3. Eligible customers
Exporter
4. Product features
- Currency: VND or foreign currency
- Loan period: Maximum of 180days
- Loan method: Time by time or according to
credit limit
- Loan rate: As specified in regulations by DongA Bank in
each period
- Collaterals: Receivables from export
documents
5. Conditions
Export documents must be shown to DAB.
6. Documents
- Loan application form (according to form,
download form)
- Business plan
- Legal documents (Business registration certificate, corporate regulations
etc)
- Financial statement in 03 latest years (if any)
- Documents for proving of loan use purpose
- Copy of documents for collaterals
- Other documents as required by the bank.
7. Contacts:
For enquiries or further instructions, please contact:
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