Enterprise Customers
Negotiation of documents under L/C
(Updated at 11:8, 15/7/2010)
“Negotiation of documents of L/C” is a service offered by Agribank whereby Agribank advances capital for customer upon presentation of documents as stipulated in the L/C. This service applies to business customers operating in international export business.

-    There are two types of negotiation:

o        Negotiation without recourse: Agribank buyout the documents

o        Negotiation with recourse: Agribank will negotiate the documents and can recourse to the customer if the issuing bank refuses to pay or the issuing bank become insolvent




-          Customers can present export documents for negotiation at any Agribank branch

-          High negotiation value; simple, fast discount procedures



-    For negotiation without recourse:
     +    L/C has been confirmed by Agribank
     +    Documents are entirely consistent with the terms and conditions of the L/C
-    For negotiation with recourse:
     +    Issuing bank must be a reputable bank
     +    Traditional markets, exports allowed for export

     +    Customers have accounts and regular transactions at Agribank; being a reliable company,

           in good operation and financially sound.


Special offer


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




-          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
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