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UPAS L/C is an effective financial solution to help businesses improve payment, improve cash flows, maintain and expand relationships with foreign partners.

Benefits:

  • Customers have more options on payment methods.
  • Customers are entitled to deferred payment for their payment obligations at sight under the Foreign Trade Contract at a reasonable fee.
  • UPAS L/C helps businesses improve liquidity, improve cash flows, maintain and expand relationships with foreign partners.

Features:

  • UPAS LC is a deferred L/C but includes additional provisions that the beneficiary may request immediate payment. Accordingly, VietABank will make immediate payment or pay on the due date at the request of the beneficiary.

Product conditions:        

  • Import transaction paid by L/C.
  • Customers are granted with a credit limit to issue L/C and meet the conditions for issuance of deferred payment L/C according to current regulations of VietABank.

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For more information about the program/product, please contact:

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