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CREDIT COMMITMENT

This product is provided by SCB to issue credit commitment to meet necessary conditions required by the law on typical transactions (in bidding application, getting project permit, carrying out business proposals, etc.).

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BENEFITS

Simple and convenient procedure.

Customers receive credit commitment when making bidding application, getting project permit, carrying out business proposals, etc.

FEATURES

Participants: Corporate customers in Vietnam in need of credit commitment to make bidding application, getting project permit, carrying out business proposals, etc. as per regulations of laws.

Committed amount: Subject to customers’ need and credit limitation on 01 customer, 01 customer and related persons as per regulations of laws and SCB from time to time.

Term of commitment: maximum 36 months.

Collaterals:

+ As for revocable commitments: no collaterals.

+ As for irrevocable commitments: various types of collaterals.

Details

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 or 1800 5454 38 for advice.

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