Enterprise Customers
L/C for cross border payment
(Updated at 13:21, 20/7/2010)
This is one form of cross border payment methods in border areas and border economic zones between Viet Nam – China or Viet Nam – Laos which enterprise customers can use for the purposes of payment for import-export goods. This service applies to enterprise customers operating in import-export business.

-          Currency: VND, CNY, LAK

-          L/C for cross border payment is a form of documentary letters of credit used in border trading areas of Vietnam-China or Vietnam-Laos.

 

 

Benefits

 

-          Convenient, quick and accurate with simple procedures and low cost as Agribank has signed Cooperation Agreements on Viet Nam – China cross border payment with four Chinese commercial banks: Agricultural Bank of China, Bank of China, Industrial and Commercial Bank of China, Chian Construction Bank; Agribank also signed Cooperation Agreement on Viet Nam – Laos cross border payment with Phongsavanh Bank.

-          Customers can make money transfer with specialized documents for cross border payment at any branch of Agribank in cities and provinces nationwide.

-          All information of customer’s transactions is kept confidential

 

How to apply

 

-          When customers (beneficiaries) have accounts at the 3rd bank, the advising bank will be any bank that is licensed to conduct border payment and all branches of Agribank.

-          Using electric form prescribed by the SWIT organization to issue letter of entrustment and SWIFT payment.

-          The issuance of L/C, document presentation and checking, payment, etc. comply with Cooperation agreements on cross border payment between Agribank and the Bank of China, Phongsavanh Bank.

 

Delivery channels

 

-          Agribank branches/transaction offices.

 

Technology applied

 

-          Agribank uses automated accounting system.

 

Online Banking

ATM/POS locations

Forms, Fees and Interest rates
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Registration form

Applied at Operations Centre of Agribank

Exchange Rate
Updated at
Applied at Agribank Operations Centre

Agribank Contact Center
1900558818