Online Services

Trade Facilities

We are known for our expertise in trade services. With more than 140 years of trade service experience and knowledge, we have the right credentials to help your company's trade transactions. Our expertise means that your trade transactions will be handled more effectively and confidently. And our extensive international network in nearly 50 countries makes it possible to process your transaction from start to finish.

Secured Trade facility fully secured by Term Deposits, Bank Guarantees and / or Stand By Letters of Credit.

• Letter of Credit (L/C) is a written undertaking issued by the Bank in favour of the seller (beneficiary) at the request and in accordance with the instructions of the buyer (applicant), to effect payment up to a stated amount within prescribed time and against stipulated documents. It is not the practice for SCB to issue Revocable L/C.
• A Bank Guarantee (BG) is a written undertaking by the Bank to pay a sum of money to the beneficiary against presentation of a written demand and/or any other documents specified in the guarantee. The most commonly used types of guarantees are Bid/Tender Bonds, Performance Bonds, and Advance Payment Guarantees.
• Stand By Letter of Credit (SBLC) is a written undertaking issued by a bank to honour demands for payment to the beneficiary on account of (i) any indebtedness undertaken by an account party, or (ii) any default by an account party in the performance of an obligation..

So no matter whether you're an exporter or importer, you can depend on us.

Contact Us

For more information on your business finance, simply call SME Banking hotline at (84 8) 3911 0000 or visit any of our branches today.

HO CHI MINH CITY BRANCH

Saigon Trade Center, Ground Floor
37 Ton Duc Thang Street
District 1, Ho Chi Minh City
Call: (84 8) 3911 0000

HANOI TRANSACTION CENTER

Hanoi Towers, Ground Floor
49 Hai Ba Trung Street
Hoan Kiem District, Hanoi
Call: (84 4) 3696 0000

For more information