Issuance of Guarantee on basis of Counter Guarantee of Credit Institutions
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Product details
Description
Issue/adjust/demand payment under guarantee
Forms of guarantee
Counter-guarantee issued by a credit institution to MSB as the beneficiary
Implementation process:
- The credit institution issues a guarantee in which MSB is the beneficiary
- MSB issues a guarantee bond at the request of that credit institution to the beneficiary being an economic organization.
Types of guarantees MSB can issue:
- Payment guarantee
- Tender guarantee
- Performance guarantee
- Product quality guarantee
- Warranty guarantee
- Advance payment guarantee
- Retention money guarantee
Contact
Conditions and Required Documents
Điều kiện mở thẻ
Điều kiện mở thẻ
Security and other functions
Frequently Asked Questions
Enterprise is established for at least 1 year with VND 3-20 billion revenue.
It depends on enterprise’s credit assessment and score at MSB, maximum 10% revenue, up to VND 4 billion.
Enterprise can use credit line for supply procurement bill payment, salary payment, exports payment, L/G application, export collection negotiation, L/C application, contract finance, export pre-shipment finance.
Credit line is loan limit that MSB grants to customers. This credit line is valid for 1 year in which customer can make several borrowings within the limit without submitting complex documents over and over.
3 days since full submission of documents.