Right after receipt and authentication of L/C or amendment from the issuing bank, Eximbank will promptly advise it to the customer by phone. The customer has to bring with ID card, reference letter to receive. Upon receiving L/C or amendment, the customer should check the contents of L/C or L/C amendment to ensure its consistency with the sales contract. In case of discrepancy, please contact directly with the buyer to amend L/C accordingly.
If the customer refuses to receive the L/C or L/C amendment, please inform promptly Eximbank in writing so that we can advise the issuing bank in time.

1. Conditions for an L/C to be transferred at Vietnam Eximbank:
    - Transferrable L/C
    - Bank authorized to transfer is Vietnam Eximbank
2. In case of L/C transfer, please send Eximbank the L/C transfer request in Eximbank’s form enclosed with the original L/C together with relevant L/C amendments (if any)

Payment request with authorized signature, seal, and other details (in form).
Original L/C and L/C amendment (If any)
Documents required by the L/C.
Upon receipt of credit advice from the foreign bank, Eximbank will promptly credit in accordance with customer’s order in compliance with regulations by the State Bank of Vietnam after deduction of all arising fee(s).

Request for collection (in form)
Original documents of export bills

Customer submits documents to export bills department.
Officers at this department will prepare collection letter enclosed with the documents sent to the foreign bank.
Eximbank follows up and informs the customer upon receipt of the proceeds from the foreign bank.

To provide capital to exporters and increase capital turnover, Eximbank accepts export bills from exporters with export bills to discount.

All enterprises, regardless of their ownership structure, with accounts at Eximbank and export bills presented at Eximbank to claim payment via Letter of Credit (L/C), Document against Payment (D/P), Document against Acceptance (D/A), and Telegraphic Transfer  Reimbursement (TTR) applied for gold exporters.

In case of demand, customer send Application for Export Bills Discounting in ready-made form (2 copies)
For Sight L/C / D/P: Present the Application within 10 days from the date Eximbank sends the export bills to the foreign bank.
For Deferred L/C / D/A: Present the Application at any time within the payment validity of the Deferred L/C / D/A.

30 days for Sight L/C.
45 days for Transferable L/C.
60 days for D/P.
120 days for Deferred L/C/ D/A.
15 days for TTR.