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Information
UPAS LC
UPAS LC
A trade finance product helps sellers to receive money ealier than the date buyers have to make payment via VIB's LC UPAS
Deferred payment
Reduce financial pressure because buyers purchase goods with deferred payment but still meet the payment needs of sellers.
Cheap source capital
Take advantages of cheap capital sources from foreign financing banks
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Features
Customer
Enterprises have demand to purchase goods with deferred payment.
Condition
Meet the conditions for granting credit according to VIB's regulations.
Loan to value
According to VIB's regulations
Tenor
Less than 360 days
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