UPAS L/C – Usance Payable At Sight Letter of Credit - Ngân hàng SHB
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An import finance product where SHB’s client is entitled to L/C deferred payment but the beneficiary can receive money immediately

  • Save business costs as L/C UPAS costs less than borrowing cost
  • Meet exporter’s requirement of payment at sight, and client’s needs for timely goods receipt while is still entitled to deferred payment
  • Increase the possibility of contract signing with preferential conditions
  • Enhance client’s competitiveness in international commercial activities
  • LC issuance request
  • LC application: LC issuance request, Foreign trade contract; Payment commitment (L/C payment with equity and loan)
  • Regarding L/C issued with loan: client is required to further provide: Loan Application, economic contract or imported consignment business plan, etc.

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