Enterprise Customers
Domestic factoring
(Updated at 10:41, 12/7/2010)
Through domestic factoring, Agribank looks at financing receiveables arising from sales of goods of economic entities under contractual arrangements.

Main features

 

-          Currency: VND

-          Term: based on the remaining term of the receivables and the ability to recover debts, up to 180 days.

-          Amount: maximum 80% of the value of receivables

-          Security for the factoring: security deposits, pledged assets, collateral, third-party guarantor, and other means of security as guided by Agribank

-          Types of factoring: recourse factoring, non-recourse factoring

-          Factoring method: separate factoring, according to limits, co-factoring

-          Interest: short term interest rates by approval of the General Director of Agribank. Overdue interest rates apply with overdue interest rate not exceeding 150% due interest rate, calculated from the time after the due date for payment that must refund the advance

-          Fees: one-off fees, as regulated in the Schedule of fees and charges


Delivery channels

 

Agribank branches/transaction offices or automated channels (E-banking)

 

Technology applied

 

Agribank uses automated system (IPCAS) to track customer information, accounts, amounts of interest payment, etc. with the highest security and accuracy.

 

Online Banking

ATM/POS locations

Forms, Fees and Interest rates
View savings interest rates
View service charges

Registration form

Applied at Operations Centre of Agribank

Exchange Rate
Updated at
Applied at Agribank Operations Centre

Agribank Contact Center
1900558818