Export letter of credit (L/C)
Immediately after receiving and checking the authenticity of the original L/C or the revised L/C from the Issuing Bank/Advising bank, GPBank will notify the export L/C to you in the fastest and most cost-efficient manner. We assist you in making export documents, checking documents, following up payment and crediting to your account when the importer makes payments.

Advantages:
  • Getting free advice and guidance on how to make perfect documents, avoiding risks of payment
  • Getting financial support through our export financing programs and discounts with the most favorable conditions and interest rates
  • Competitive charges
Documents and procedures:
  • Original L/C / Revised L/C
  • Notice of  L/C /revised L/C certified by the advising bank
  • Shipping documents as specified in the L/C /revised L/C
  • Please send documents in GPBank forms
Contact

GPBank Branches/transaction offices
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423).
Import letter of credit (L/C)
GPBank will guarantee issuance of L/C at your request and make payment to your foreign partner upon receipt of valid documents. We guarantee to issue the L/C to your partner in the fastest and most economical way
L/ Products
L/C at sight, deferred payment, confirmed L/C, transferable L/C, back-to-back L/C, revolving L/C, and standby L/C, etc.)
Advantages
  • Getting free advice on special terms of L/C, international trade rules and regulations applied in L/C to reduce risks of payment.
  • Being subject to the most reasonable margin
  • Enjoying competitive charges
  • Being financially supported through GPBank’s import financing program.
Documents and procedures
  • Application for L/C
  • Foreign trade contracts or equivalent documents
  • Commitment to L/C payment (in case of a margin of less than 100% of the L/C)
  • Other relevant documents as required by GPBank (if any).
  • Legal documents of the enterprise (for the first time working with GPBank)
Contact

GPBank Branches/transaction offices
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423) 
 
Export bill collection
Through this service, GPBank sends the documents by collection to overseas at your request while following up and reminding payment, on your behalf, transferring money, and crediting to your account when the importer makes payments.

Advantages
  • Fee advice and limited risks
  • Fast processing time and cost-efficiency
  • Competitive charges
  • Financial support through export financing program and bill discounts
Documents and procedures
  • Export Bill Collection Order
  • Export documents for collection
  • Foreign trade contracts or equivalent documents
Contact

GPBank Branches/transaction offices
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423)
Import bill collection
Upon receipt of the documents by collection from abroad, GPBank checks and notifies you of the documents by collection within the day.

Advantages
  • Fee advice and limited risks
  • Fast processing time and cost-efficiency
  • Competitive charges
  • Financial support through GPBank’s import financing program
Documents and procedures
  • Documents against payment (D/P): You receive the documents immediately upon agreeing to pay and fully transferring payment to your account at GPBank.
  • Documents against acceptance (D/A): You receive the documents upon commitment to pay at maturity.
Contact

GPBank Branches/transaction offices
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423)
Pre-export financing
This service is to meet customers’ demand for additional working capital to purchase goods, raw materials and other working expenses for operations.

Customers
Exporters who need additional working capital

Advantages 
  • Financing export contracts based on various payment methods such as L/C, D/A, D/P, T/T, CAD.
  • A wide scope of financing: rice, rubber, wood furniture, seafood, textiles, footwear, and handicrafts.
  • Flexible financing from purchase of raw materials and goods until receipt of payment from importers.
  • Financing without or with insufficient collateral.
  • Affordable interest rates on a floating basis and varying from time to time.
  • Simple loan procedures and quick processing.
  • High financing amounts.
  • A credit facility granted for convenient and free use based on the loan demand, up to 12 months.
  • Free advice on financing needs to have the best solution.
Features
  • Currency: VND or USD.
  • Loan term: Up to 6 months.
  • Loan methods: single loan or loan limit
Loan application documents
  • Legal documents
  • Financial and operating documents.
  • Loan application.
  • Collateral documents
Contact

GPBank Branches/transaction offices 
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423)
International guarantees
GPBank offers all the common guarantees in International Trade
  • Deferred payment/foreign loan guarantees
  • Bid guarantees
  • Contract performance guarantee
  • Deposit guarantee
  • Delivery guarantee
  • Others
Contact

GPBank Branches/transaction offices
Or Commercial Financing Department – Head Office
18th Floor, 109 Tran Hung Dao, Hoan Kiem, Hanoi.
Tel.: 043.7.345.345 (Ext: 8468; 8484; 8406; 8423)
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