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SeaBank offers new letter-of-credit service

Update: August, 25/2012 - 09:13

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

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