BENEFITS
No collaterals needed.
Be flexible as per transaction’s agreement.
Manage well payment flows.
FEATURES
Participants: Legal entities and owners of private enterprises in need of advance payment guarantee issued to domestic partners. The guarantee is secured by the advanced amount credited to the applicant’s account at SCB .
Currency of guarantee: VND and/or foreign currencies.
Method of guarantee: On an item-by-item basis.
Guaranteed amount: maximum 100% the advanced amount.
Collateral is not required at the time of issuing guarantee. However, right after the advanced amount is credited to the applicant’s account opened at SCB, there will be 02 options to secure the guarantee as Margin deposit or Deposit contract.
Information on product and service policies is only for reference and may change from time to time. Please contact your nearest SCB (sub)branch or hotline 1900 6538 for advice.
