An overdraft allows the business to continue withdrawing money even your VND account has no or not enough fund to cover your business’s immediate needs of fund.
Features of product
- Tenor: Maximum 12 months;
- Overdraft method: bank transfer;
- Currency: VND;
- Using payment receipts or transaction statement as evidence of the indebtedness.
Benefits for businesses
- Simple and convenient procedure;
- Meeting your business’s immediate needs of fund without going through the disbursement procedure with VietinBank;
- Overdraft tenor can be 12 months.