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Single/Bilateral export factoring

VietinBank makes advance with recourse for the usuance receivables of less than 180 days, either with payment methods of TTR, open account or D/A.

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Services include:

  • Advance payments for Receivables;
  • Financing for Receivables;
  • Receivables Management
  • Receivables Collection
  • Buyer credit risk coverage.

Product benefits

  • Financing for working capital for non-traditional payment transactions such as L/C, D/P
  • Improved competitiveness by meeting deferred payment needs from importers;
  • Reduced/ Eliminated default risk from buyers/importers;
  • Time saving on receivables management and transferring the tasks of receivable collection to Bank experts, that allows Customers to focus on their production and business.