VietinBank launches incentive program for import-export enterprises

Superior solution

As the leading transaction bank for import-export business customers, VietinBank provides a diverse set of Trade Finance (TTTM) products suitable for a variety of business methods and financing needs.

Along with traditional products, VietinBank continuously updates and improves key products such as: prepayment of documents under internal letters of credit; discounting without recourse of documents under deferred payment letters of credit, deferred payment at sight letters of credit (Upas L/C) with many outstanding features such as:

Financed up to 100% of shipment value
Not included in customer credit balance
Optimize transaction processing time

VietinBank launches incentive program for import-export enterprises - 1

Most recently, with the goal of providing the optimal solution in choosing a transaction bank for import-export enterprises, VietinBank has launched the preferential package VietinBank Trade Up exclusively for enterprises in this group.

Comprehensive Offer

VietinBank Trade Up preferential package is designed to meet the urgent needs of businesses for preferential interest rates and competitive transaction fees for all customer segments.

In particular, the VND35,000 billion credit package supports key import-export business customers with large payment turnover to access short-term credit sources with interest rates from only 6.2%/year for VND and only from 3.5% for USD.

Import-export business customers with payment turnover of 1 million USD/quarter or more will receive an immediate 45% reduction in fees related to trade centers and foreign currency transfers.

In particular, VietinBank Trade Up also offers businesses attractive foreign exchange rate incentives of up to 170 points: For currency pairs USD/VND (minimum 50 points), EUR/VND (minimum 150 points) and JPY/VND (minimum 100 basis points, equivalent to 1 exchange rate point) and many more incentives for loyal customers.

Even import-export business customers who transact for the first time at VietinBank will receive attractive incentives such as: free maintenance of VietinBank Trade Portal service; foreign currency transfer service fee to other branches; up to 50% discount on fees related to import-export foreign currency transfer products.

Small and medium-sized enterprises will receive a reduction of up to 75% of current fees for international money transfers, cross-border payment transfers and 100% of trade transaction fees for 3 months.

In addition, by participating in the VietinBank Trade Up package, businesses also have the opportunity to experience the preferential exchange rate solution to maintain deposits, the VietinBank eFAST electronic banking and account service package, and free salary for up to 12 months and many other fees for employees of businesses paying salaries through VietinBank.

VietinBank Trade Up is the most attractive and comprehensive incentive package that VietinBank offers to import-export business customers with the desire to successfully connect banks and businesses, support businesses to maintain stable business operations, develop and enhance competitiveness in the market.

Bao Anh

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