In a bid to provide utmost comfort to customers especially importers, the Southeast Asia Commercial Joint Stock Bank (SeABank) continues launching various privileges for import enterprises using the bank’s ‘L/C UPAS – Instant goods receipt, deferred payment’ guarantee service’.
L/C UPAS is a deferred payment L/C issued to import enterprises having the need of low-interest-rate loan under L/C method.
This product enables exporters (the beneficiary) to be paid by SeABank immediately and importers (L/C applicant) to make deferred payment and enjoy the numerous benefits including: Interest rate during the deferred payment period equal or lower than USD lending rate, deferred payment period up to 180 days, customers may sell foreign currency to pay for L/C import and enjoying low and flexible deposit rate.
Not only importers are offered with many benefits, their partners are also provided with diverse advantages, such as immediate receipt of payment in stead of providing credit for buyers and waiting until the maturity for payment.
Besides, thanks to instant receipt of payment, exporters can sell goods with lower prices, helping to improve the competitiveness of goods on market.
By offering L/C UPAS product along with an attractive preferential programme, SeABank expects to provide optimal financial solutions to importers wanted low-interest-rate loans.
Interested customers can contact Call Centre 1800 555 587 for free advice.