Enterprise Customers
Receipt of documents for L/C payment
(Updated at 11:6, 15/7/2010)
“Receipt of documents for L/C payment” is a service offered by Agribank whereby on receipt of the documents presented by the customer by the issuing bank under the L/C, Agribank will act on behalf of the customer to collect money. This service applies to business customers operating in international export business.

Benefits

 

-          With a network of more than 2,200 branches nationwide, customers can present documents in any locality

-          The documents are processed quickly and accurately

-          Customers are offered free advice in the preparation of documents in accordance with the terms and conditions of L/C to ensure smooth payment, and are assisted in monitoring the progress of the documents.

-          Customers get money quickly with the lowest transaction cost as Agribank have banking relationship with more than 1,000 banks worldwide.

-          Customers can negotiate the documents immediately after completion of delivery obligations 

 

Conditions

 

-          Agribank accepts documents presented under freely negotiable L/C or appoint Agribank as the presenting bank

-          Documents must be presented within the validity of the L/C

-          No restriction on type of currency to be established in the documents as well as L/C issuing banks

 

Special offer

 

-          When using Agribank export documentary collection service, customers can also use Preferential loans for export activities and other Agribank’s offers.

 

Fees

 

-          Fees apply according to current Schedule of Fees and Charges of Agribank

 

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
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Applied at Agribank Operations Centre

Agribank Contact Center
1900558818