SeaBank offers new letter-of-credit service
HCM CITY — SeaBank has launched a product known as L/C UPAS (Letter of Credit Usance Paid at Sight) for local importers.
L/C UPAS is an international payment tool issued by the bank with a low interest rate for deferred payment. With this product beneficiaries will be paid on sight by the bank.
Importers who want to open an L/C may implement deferred payments of up to 180 days.-VNS