VietinBank donates up to 100 million VND to import-export enterprises

Specifically, for each transaction serving payment activities for foreign currency import-export contracts at VietinBank such as: outgoing - incoming foreign currency transfer; import - export factoring payment; payment of export - import L/C document set; payment of import - export collection document set; payment of import - export TTR document set... with a value of 200,000 USD/transaction, enterprises will have the opportunity to receive a bonus corresponding to the number of transactions.

Number of qualifying transactions

1 transaction

3 transactions

6 transactions

10 transactions

15 transactions

Bonus

million dong

100 million dong

(Maximum bonus)

For program details, businesses can visit: https://www.vietinbank.vn/sites/mediafile/VTB173746

In addition, VietinBank has increased incentives for import-export enterprises in the Trade UP program. Accordingly, import-export enterprises using foreign currency trading, international payment and trade finance products for the first time will receive incentives on interest rates, foreign exchange rates, exemption/reduction of service fees and insurance fees for goods in transit.

With a deep understanding of customers and the ability to provide a variety of modern products and services according to international standards, VietinBank is the bank with the leading market share in Vietnam in terms of import-export payment turnover. In recent years, the average growth rate of import-export payment turnover at VietinBank has always been maintained at a range of 1.5 to 2 times the growth rate of the national import-export turnover.

In addition to efforts to maintain service quality in providing products and services, meeting the maximum needs of import-export enterprises with the fastest service time and the most competitive costs, VietinBank is a pioneer in developing solutions for international payment and trade finance. The development of these solutions aims to optimize the efficiency of existing products, meet the diverse needs of import-export enterprises and quickly adapt to market fluctuations. Typical solutions include: Issuing letters of credit (L/C) using Blockchain technology in Vietnam; Buying/selling and transferring foreign currencies on the VietinBank eFAST digital banking channel without the need to complete paper documents; Structured trade finance products such as Upas L/C, prepayment products for documents according to L/C, non-recourse discount products, etc.

Financial solutions are built by VietinBank with the goal of optimally combining all the products and services that VietinBank can provide. The solutions fully meet the needs of businesses and their ecosystems in terms of: Deposits, loans, cash flow management, international payments and trade finance, guarantees, digital banking services (E-Banking, Host to Host, APIs...), account services...

For detailed information on the program, businesses can visit: https://www.vietinbank.vn/vn/tin-tuc/VietinBank-tiep-suc-doanh-nghiep-xuat-nhap-khau-tang-truong-cuoi-nam-20230822161021.html

Thuy Nga

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