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Special promotion program for Import & Export Enterprises via Vietnam – Russia bilateral payment channel

VRB launches the promotion package for importers and exporters through Vietnam - Russia bilateral payment channel. Accordingly, customers joining the promotion package not only enjoy special preferential interest rates with funding package up to 300 billion VND, but also many policies to reduce fees and other support from VRB from now to December 31st 2018.
This is considered as one of the practical programs of VRB to support the development of enterprises that are engaged in direct import and export activities with partners in the Russian Federation market and support customers moving from the traditional payment in foreign currency to use the domestic currency.

 


1. Customers: The enterprises import & export directly with partners at Russia Federation market.
2. Sponsor purpose: Paying for all costs of direct import & export activities with partners at Russia Federation.
3. Term: Short-term
4. Deployment time: Until December 31st, 2018
5. Currency:
- Domestic: RUB, VND
- Foreign currency: USD

6. Special promotion:
- Competitive interest: USD only from 2.55%/year, VND only from 7.74%/year.
- Free export payment in domestic currency: L/C Announcement, Documents payment, Documents negotiation.
- Free import payment in domestic currency: Issuing/Amending import L/C, International fund transfer, import collection, L/C documents payment.
- Reduce 50% inward international remittance in foreign currency.
- Flexible, fast, safe procedure & simple documents
- Reduce risks in payment transactions

Please contact Hotline (free) 1800 6656 or Branches/Transaction Offices of VRB for more detail.

 

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